2-bedroom house · EX20 1XU
Listing removedListed 174 days
Opportunity summary
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About
Discover the Wonder of Okehampton View - New phase just released A beautiful collection of 2 bedroom Shared Ownership homes in Okehampton, Devon situated on the edge of Dartmoor National Park surrounded by natural beauty.
Highlight Housing, The Affordable Homes Agency, working with Legal & General's Affordable Housing Division (L&G), is pleased to present this Shared Ownership two bedroom semi-detached house at Okehampton View, Okehampton.
The price shown represents purchasing a 25% share of the property. Rent is payable on the remaining share.
Plot 128 is a 78 square metre, two bedroom semi-detached house with two parking spaces and private garden at Okehampton View, Okehampton, West Devon, available to purchase through Shared Ownership.
Available to purchase from a 25% share Financial Breakdown: Full Market Value: £232,750 25% Share Value: £58,188 5% Deposit of 25%: £2,909 Rent on unowned share: £401 per month Service Charge: £77.13 per month Council Tax Band: Tbc* L&G 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. Homes at Okehampton View will be ready to move into from Summer 2026.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
Local Area Okehampton View is an exciting new development on the fringes of Okehampton that provides all the amenities for modern living without having to travel far.
Living at Okehampton View, the dramatic granite moors of Dartmoor are easily accessible as they are within walking distance.
This unique area of tors, farmland and rivers is considered one of the most beautiful places in the country.
Okehampton itself is a delightful, historic town with an excellent choice of shops, tea rooms, pubs and restaurants. The town has great pubs, a cinema, local gyms and sports clubs.
It also offers an excellent choice of schools and medical facilities. What Is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share.
Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright.
Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
L&G Affordable Homes is a Registered Provider offering these apartments 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 Household income must be under £80,000 per year You must not already own a property at completion You must be unable to purchase a suitable home on the open market You must have at least £5,000 available for purchase costs About Highlight Housing We are The Affordable Homes Agency.
Our purpose is to improve access to good-quality, safe and affordable homes for sale and rent across the UK.
We work with trusted developers, housing associations, private sellers and landlords to provide clear guidance that helps people understand what is realistically within reach.
Council Tax and Cgi Disclaimer: Council tax bands are often not released until a property is complete. For guidance, please speak with a Sales Consultant or contact the local authority.
Cgi interior images are indicative of house styles from the previous phase houses.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 10, Shilling Park, Devon
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