3-bedroom semi-detached house · EX2 0AF
Listing removedListed 233 days
Opportunity summary
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About
WHY RENT WHEN YOU COULD BUY? Plots 550 & 551 The Coffyn - APPLICATIONS NOW OPEN for our lovely new homes at HERITAGE GREEN III.
**This lovely 3 bedroom Shared Ownership home comes complete with HIGH QUALITY FLOORING THROUGHOUT, a beautifully TURFED REAR SOUTH FACING GARDEN perfect for entertaining.
The modern kitchen also includes an integrated OVEN, HOB, EXTRACTOR HOOD & WASHER/DRYER.
The AIR SOURCE HEAT PUMP and EV CHARGER makes this home both energy efficient and ready for you to move straight in and enjoy** An exciting opportunity to get on the property ladder and into a brand new energy efficient home with Shared Ownership.
CLICK ON THE VIDEO TOUR OF THE SHOW HOME Available to purchase at a 40% share for £145,000 with a 5% deposit of £7,250. (Full market value £362,500).
The accommodation comprises a popular U-shaped kitchen providing plenty of storage and worktop space, whilst also maximising the dining area, offering the best of open-plan living.
The well-proportioned, SOUTH FACING GARDEN is accessible through French doors in the dining area, seamlessly linking inside with out.
The large, bright living room is the perfect space for relaxing or entertaining guests, plus there’s a downstairs WC and under stair storage.
Upstairs there are 3 bedrooms and a stylish bathroom suite – bedroom 1 is spacious and features a tiled en-suite shower room, bedroom 2 is a bright double bedroom and bedroom 3 is versatile and suitable for many uses, including child, guest bedroom or home office.
The property also benefits from 2 off-street parking spaces.
Features • En-suite to bedroom 1 • Well-proportioned, south facing gardens • Under stair storage • Fitted kitchen including integrated oven, hob, extractor hood and washer/dryer • 2 off-street car parking spaces • Carpets & vinyl flooring throughout • Solar panels • Air Source Heat Pump Financial Breakdown: Full market value: £362,500 40% share value £145,000 5% deposit: £7,250 Rent charged on un-owned share: 2.75% Rent on un-owned share (60%) £498.44 Estimated monthly service charge: £55.00 Do you have a friend looking to buy their own home in Alphington?
Successfully refer them to one of our houses at either Heritage Green I, II or III and you'll receive £250 upon their completion.* How do I refer a friend?
- call us for further information Is Shared Ownership right for me?
- As long as you are over 18 - Your household income is less than £80,000 - And you don’t already own a home at the time of buying your shared ownership property … then Shared Ownership could be right for you!
How does Shared Ownership work? You buy a share in your home that’s right for you. That could be from 25% up to 75% initially.
You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
This fantastic development features a great selection of 2, 3, & 4 bedroom Shared Ownership homes, ideal for growing families and first time buyers alike.
You’ll have access to good local amenities including supermarkets and a primary school.
Exeter City centre is 11 minutes’ drive providing a great selection of education, retail, employment, sport, and leisure opportunities.
The beautiful Dawlish Warren Beach, Haldon Forest Park, and magnificent Dartmoor National Park are also nearby, with miles of paths and trails for walking, running, cycling, observing nature and much more!
Fulfords are the official selling agents for Sovereign Network Group (SNG) who are a leading provider of affordable homes, delivering around 2,400 new homes each year across the south of England, helping thousands of people take their first or next step on the property ladder.
SNG’s Homes and Place standard leads the way on setting the very highest standards for affordable homes and great places to live, and underpins their investment into building new homes.
*Please note, images have been used for illustrative purposes only and may not be of the exact property being advertised. Specification, layout and finish may be subject to change.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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.
Area
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FAQ
About Chudleigh Road, Alphington, Exeter, Devon, EX2
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