2 Bed Bungalow For Sale

Open day event - Saturday 1st November

We have homes ready to move into, so we invite you to come and see us on Saturday 1st November between 10am - 4pm.

Bookings are by appointment only. Call to register your place or register on the Events page of our website.

Welcome to the tranquil village of Witheridge, North Devon - first phase of homes available to move in now!

A new collection of 2, 3, 4 & 5 bedroom houses and bungalows available with Shared Ownership. Located in the tranquil, rural village of Witheridge, Devon.

Enjoy a laidback village lifestyle in the heart of the Devon countryside, Benson Grange is the perfect place to put down roots.

Plot 7 is a 657 square foot, two bedroom detached bungalow with a modern, open plan living area finished to a high standard, with a range of integrated appliances, private garden and 2 parking spaces at Benson Grange, available to purchase through Shared Ownership from a 40% share. The price shown reflects purchasing a 68% share of the property's full market value.

Financial Breakdown:

• Full Market Value: £295,000
• 68% Share Value: £200,600
• 5% deposit of Share value (68%): £10,030
• Rent on unowned share (32%): £216 per month
• Service Charge: £74.10 per month
• Anticipated Household Income Required to Purchase a 68% Share: £49,727
• Council Tax: TBC*

These figures are a guideline only and are based on a 68% share being purchased with a 5% deposit, a mortgage with a 25-year term and example interest rate of 5% and may vary according to individual incomes and circumstances. Please speak to one of our sales consultants for a detailed breakdown

There is a good selection of local shops, schools, community groups and clubs to get involved in, with a wider range of leisure facilities, restaurants and shopping opportunities in the local area.

Tiverton is just over 10 miles away and the historic town of Exeter is approx. 20 miles away, with trains to Paddington taking under 3 hours.

There are nearby local bus services, Lapford Station is 8 miles away, with close connections to the A361, A377 and M5.

Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

LOCAL AREA

Living in Witheridge will give you fantastic access to the many delights of the Devon countryside, with Exmoor National Park over 15 miles away and Dartmoor National Park 38 miles to the south plus the Tamar Valley AONB 50 miles away.

There are plenty of forests, parks woodland and gardens to discover such as Eggesford Forest, Haldon Forest park and even Wellhayes vineyard.

National Trust properties are also numerous including Killerton, Knightshayes Gardens and Castle Drogo.

There are also plenty of places keeping the history alive and the rural lifestyle to experience such as Tiverton Museum of Mid Devon life, the Grand Western Canal Country park, Middleweek horse drawn farm and Diggerland Devon.

With many of Devon's finest beaches and seaside towns also nearby, you are spoilt for choice for places to go and make memories.

WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 10 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).

Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes

ELIGIBILITY CRITERIA:
To be eligible for a home at Benson Grange, you'll need to:

• Have a combined household income under £80,000 per annum
• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Have a minimum of £5,000 to cover the costs of buying a home
• Customers with a live/work/ family connection to Witheridge and local parishes will be prioritised

Council Tax: TBC

Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.

Virtual tour & CGI images are a representation of the 3 bed bungalow styles in the development of Benson Grange, exterior images are of the actual bungalow.