5-bedroom house · EX16 8FJ
Listing removedListed 108 days
Opportunity summary
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About
Plot 57, Benson Grange Welcome to the tranquil village of Witheridge, North Devon. New phase of homes released - available to move in now.
Gth on behalf of L&G are pleased to present Legal & General's Affordable Housing Division (L&G), are pleased to present this Shared Ownership five bedroom house at Benson Grange, Witheridge.
The price shown represents purchasing a 75% share of the property. Rent is payable on the remaining share.
A new collection of two, three, four and five bedroom houses are available through Shared Ownership and are ready to move into now.
Located in the peaceful rural village of Witheridge, Benson Grange offers the ideal place to settle in the Devon countryside.
Plot 57 is a 2,022 sq ft five bedroom with 2 ensuite bathrooms, detached house with modern, separate dining, living and kitchen areas finished to a good-quality standard.
The home includes integrated appliances, a private garden, double garage and two parking spaces. Available to purchase through Shared Ownership from a 75% share.
Financial Breakdown Full Market Value: £600,000 75% Share Value: £450,000 5% Deposit of 75% Share: £22,500 Council Tax: Tbc* Local Amenities There is a good selection of local shops, schools, community groups and clubs nearby, with a wider range of leisure facilities, restaurants and shopping options in surrounding towns.
Tiverton is just over 10 miles away and the historic city of Exeter is approximately 20 miles away, with trains to London Paddington taking under three hours.
Local bus services operate nearby, Lapford Station is around eight miles away, and there are convenient road links to the A361, A377 and M5.
Shared Ownership provides an opportunity to get onto the property ladder sooner with a lower initial deposit.
Buyers purchase a share of the home and pay a subsidised rent on the remainder, with the option to increase ownership in the future.
Local Area Witheridge offers excellent access to the Devon countryside.
Exmoor National Park is just over 15 miles away, Dartmoor National Park is approximately 38 miles to the south, and the Tamar Valley Area of Outstanding Natural Beauty is around 50 miles away.
Nearby places to explore include Eggesford Forest, Haldon Forest Park and Wellhayes Vineyard. National Trust properties in the area include Killerton, Knightshayes Gardens and Castle Drogo.
Local attractions such as Tiverton Museum of Mid Devon Life, the Grand Western Canal Country Park, Middleweek Farm and Diggerland Devon provide a variety of leisure options.
With many of Devon's beaches and coastal towns within easy reach, there are plenty of opportunities for days out and memorable experiences.
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 Priority may be given to applicants with a local connection to Witheridge and surrounding parishes 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 within the development. Exterior imagery may show the actual plot.
By submitting an enquiry about a property - whether through our websites, a registration form, email, telephone or any other channel - you agree that your details may be shared with the relevant seller, house builder, housing association, local authority or developer solely for the purpose of responding to your enquiry and progressing your interest in buying or letting a property.
Value & comps
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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 Plot 57, Benson Grange,, Plot 57, Benson Grange, Witheridge
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