3-bedroom house · EX16 8FJ
Listing removedListed 178 days
Opportunity summary
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About
Show Home Launch Event: Saturday 20th June Be among the first to take a look around our new show home and the many other home types all ready to move into on Saturday 20th June between 10am - 4pm.
Viewings are strictly limited and bookings are by appointment only, so to secure your place call us or visit the Events page on our website.
Get moving sooner with our 5% deposit boost worth up to £4,250! T&c's apply. Welcome to the tranquil village of Witheridge, North Devon. New phase of homes released - available to move in now!
Highlight Housing, The Affordable Homes Agency, working with Legal & General's Affordable Housing Division (L&G), is pleased to present this Shared Ownership 3 bedroom house at Benson Grange, Witheridge.
The price shown represents purchasing a 40% share of the home. A new collection of 2,3,4 & 5 bedroom houses available with Shared Ownership available to move in now.
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 12 is a 958 square foot, three bedroom detached house 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.
Financial Breakdown based on a 40% Share: Full Market Value: £340,000 40% Share Value: £136,000 5% deposit of 40%: £6,800 Rent on unowned share: £468.50 per month Service Charge: £82.27 per month Anticipated Household Income Required to Purchase a 40% Share: £46,159 Council Tax: Tbc* These figures are a guideline 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 About Highlight Housing We are The Affordable Homes Agency.
Finding an affordable home should not feel impossible.
Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.
With over 15 years' experience in affordable housing, including shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that cuts through confusion and helps people understand what is genuinely within reach.
Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.
Council Tax and Cgi Disclaimer 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.
Interior images are a Cgi dressed representation indicative of the house styles in the development of Benson Grange, the exterior is of the actual house.
Value & comps
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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 153, 153 Juniper Way, Tiverton
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