Tavistock, PL19 8GQ

A fantastic opportunity to purchase a 25% share of this beautifully presented shared ownership home, with the remaining 75% owned by LiveWest. Offering spacious and versatile accommodation, this modern property features three to four bedrooms, including a principal bedroom with en-suite, a modern kitchen/diner, and a bright living room with stunning views across Tavistock.

The property also benefits from a sunny rear garden, garage, and the option to staircase by purchasing an additional 1% share each year for up to 15 years (subject to scheme terms). The purchaser will also pay LiveWest a monthly rent of £630.44 for the remaining share.

An excellent opportunity to purchase a 25% share of this beautifully presented shared ownership home, with the remaining 75% owned by LiveWest.

This modern and spacious home offers flexible accommodation with three to four generous bedrooms, including a superb principal bedroom with a contemporary en-suite shower room. Finished to a high standard throughout, the property is ideal for first-time buyers or growing families looking to step onto the property ladder.

The accommodation briefly comprises an entrance hallway with doors leading to a cloakroom, home office, and a modern kitchen/dining room with French doors opening onto the patio.
The first floor offers a spacious living room, a bedroom, and a family bathroom. On the second floor, there are two further bedrooms, including one with an en-suite shower room.

Outside, the sunny rear garden enjoys elevated views over the town and provides access to a garage, creating the perfect space for relaxing or entertaining.

A unique benefit of this property is the opportunity to staircase your ownership, allowing you to purchase an additional 1% share each year or increase your ownership by 5% at any time, subject to the applicable terms and conditions. This provides a flexible way to gradually increase your share of the property over time.

Shared Ownership Details
Share for sale: 25%
Remaining share owner: LiveWest (75%)
Monthly rent payable to LiveWest: £630.44
Monthly service charge: £15.49
Am I Eligible?

You may be able to purchase this home if:

Your household income is £80,000 a year or less.
You cannot afford the deposit and mortgage needed to buy a suitable home on the open market.

In addition, one of the following must apply:

You are a first-time buyer.
You previously owned a home but can no longer afford to buy one.
You are forming a new household, for example following a relationship breakdown.
You already own a shared ownership property and are looking to move.
You own a home but need to move and cannot afford to buy a property that meets your needs.

If you currently own a property, you must have completed its sale on or before the completion date of your shared ownership purchase.

Please note that, as part of the application process, your finances and credit history will be assessed to ensure the mortgage and rental payments are affordable and sustainable.

Early viewing is highly recommended to appreciate everything this fantastic home has to offer.