Bideford, EX39 3FE

Spacious ground floor flat with 50% shared ownership, private entrance, open-plan living, two double bedrooms and a wrap-around south-west garden with patios and low-maintenance features.

This superb opportunity allows you to acquire a 50% share in a spacious ground floor apartment occupying a prime corner position within the building. Its quirky layout not only adds charm but also creates a wonderfully generous internal space, ideal for those seeking room to spread out.

The flat is accessed via its own private entrance which opens into a welcoming Entrance Hall with 2 handy built-in storage cupboards. The accommodation includes 2 well-proportioned Bedrooms, both with sash windows and wardrobe space, including a mirror-fronted free-standing wardrobe in bedroom one which is included in the sale. The Bathroom is comfortably sized and fitted with a bath with an electric shower over, a WC, a pedestal wash hand basin and a large vanity mirror.

The real highlight is the open-plan living space that adjoins the well-equipped Kitchen, offering ample room for both relaxing and dining, with French doors opening directly onto the private rear garden. The Kitchen features a built-in double oven, gas hob, extractor, integrated washing machine and space for a fridge and freezer.

Outside, the flat enjoys a large, south-westerly-facing garden that wraps around the property and offers a wonderful sense of privacy. With 2 patio areas, low-maintenance stone chippings and raised flower beds, this outdoor space is perfect for entertaining or simply enjoying the sun throughout the day.

This is a great opportunity for those looking to get onto the property ladder.

Important information

The full value of the property is £130,000. The share for sale is 50% and the share value is £65,000. The remaining share (50%) will be retained by LiveWest. There are staircasing rights to increase the percentage of ownership up to a potential maximum of 100%. There are no formal allocated parking spaces. Parking is provided by a residents / visitors permit system on a first come, first served basis. Pets - prior written consent from LiveWest is required for pets. Once you have been approved to purchase, you will need to register your pet with your homeownership officer Length of lease – 199 years from and including 11 January 2008 less one day (181 unexpired years remaining as at date of initial issue). Rent (PCM) - £247.78. Service Charge - £128.48. Total = £376.26. The successful buyer will need to pay an advanced rent payment of £500.

Eligibility

You can apply to buy the home if both of the following apply: • your household income is £80,000 or less • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs One of the following must also be true: • you're a first-time buyer • in most cases you will need to have a local connection to the area where you would like to buy. This condition may form part of a local planning agreement. • you used to own a home but cannot afford to buy one now • you're forming a new household - for example, after a relationship breakdown • you're an existing shared owner, and you want to move • you own a home and want to move but cannot afford to buy a new home for your needs If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase. As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.