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Ashworth Place

Shared ownership

Exeter, EX1 3TS

For salenew home
Shared ownership
Photo of Ashworth Place
Live from space album cover
  • from

    £111,000

    2 bedroom

from

£111,000

with min. deposit

£5,550

Aster

£111,000

2 bedroom end of terrace house

£111,000

2 bedroom terraced house

Availability

For sale

For sale

Minimum share

40%

40%

Full market price

£277,500

£277,500

Deposit from

£5,550

£5,550

Monthly rent

£381

£381

Monthly service charge

£14.76

£14.76

Bedrooms

2

2

Bathrooms

1

1

Reception rooms

1

1

Furniture status

unfurnished

unfurnished

Number of floors

1

1

Entrance floor

Ground floor

Ground floor

Tenure

leasehold

leasehold

Lease years

990

990

Council Tax Band

N/A

N/A

Property features

Off street parking
Off street parking

Overview

WHERE IS ASHWORTH PLACE?

Ashworth Place is located in a stunning semi-rural spot just 5 miles east of Exeter & only 8.5 miles from the charming village of Ottery St Mary. This area also boasts of a new town centre filled with Shops, businesses & schools.

 

GET ON THE PROPERTY LADDER WITH SHARED OWNERSHIP.

We know getting on the property ladder is hard. Shared ownership makes it easier. You find a home and purchase a share (usually from 40-75%) making it more affordable. You pay Aster rent on the remaining bit. When you're able to do so, you can buy more shares (called Staircasing) eventually leading to outright home ownership here at Ashworth …

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

from

£111,000

with min. deposit

£5,550

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