Speckled Wood Court

Roundswell, Barnstaple, EX31

Tenure: Leasehold

A rare opportunity to purchase a 3 bed house within the Roundswell development on a shared ownership basis with a 40% equity being available to buy. The full list price of the property is £290,000

Built in 2021 by well regarded developers Cavana Homes, no 7 Speckled Wood Court is an impressive first home with an excellent energy efficiency rating and benefits from Air sourced heat pump so you are not dependent on expensive electric or gas heating systems.

Entering via the front door which has a frosted viewing pane and storm porch above, into a well proportioned Living room which has been fitted with laminate flooring making it very practical and easy to clean. The fibre optic broadband is fitted into the house and is accessible here with speeds of up to 900mb. The current owners have fitted a TV wall bracket and this is to remain along with the window blinds and decorative light fittings.

From the Living Room, the laminate flooring continues into the kitchen diner passing a convenient Downstairs WC which has wider doors for those with mobility restrictions and is fitted with a white wash hand basin, toilet, radiator and extractor fan. There is a storage cupboard opposite which houses the water storage tank.

The Kitchen has a range of modern base and wall units with contrasting black tiled splashback and the work surfaces have a fitted Zanussi 4 ring gas hob with cooker hood over and electric oven under. There is also an integrated Hisense Dishwasher installed. Convenient USB charging point are incorporated into the wall sockets. Fitted stainless steel sink with drainer and combined mixer taps which over looks the rear garden. There are inset LED ceiling lights, radiator, CO and heat detectors fitted along with the heating controls for the Air sourced heat pump.

Carpeted stairs in the living room provide access to the first floor and the bedrooms.

Bedroom 1 is a double room overlooking the front of the property.  It has been fitted with a contemporary grey Sharps' wardrobe with mirrored sliding doors to one elevation and continues around the bed space providing plenty of well designed storage space.  The units also have downlighters incorporated, providing lighting around the bed. There is a modern and stylish light fitting, light coloured carpet and TV and BT points.

Bedroom 2 is the rear and overlooks the garden and is another double bedroom, with pendant light, carpet, radiator and window blinds which are to remain.

Bedroom 3 is a good size single, well proportioned with rear outlook. Fitted carpet, radiator, pendant light and has a loft inspection hatch.

The family Bathroom, has a shower over the bath with fitted glass screen and full tiling around, matching white wash hand basin and WC with grey tiling, vinyl flooring, 3 way light fitting, frosted window with blinds to front aspect. Fitted extractor fan and radiator. 

To the rear of the property is an enclosed Garden which can be accessed via a side gate from the drive or from the kitchen diner. The garden has been landscaped and includes a covered decked area to shade from the intense summer heat. There's a paved patio area which has been extended around the decking and an area of lawn with raised flower beds to the rear. The boundaries are defined with brick built pillars and close coupled timber fencing in between. The Air source heat pump is fitted externally under the kitchen window and there is also a handy outside tap. The property has a sky dish fitted to the side wall.

To the front there is a small planted area with a tarmacked area to the side of the property which is large enough for parking for two vehicles; additional street parking is also available.

The property has all the requirements to make a comfortable home and this is a great opportunity for First Time Buyer's to get on the property ladder, so don't miss out and book a viewing today.

Under shared ownership you would pay rent on the remaining equity, which in this case is 60% (currently £346.09per month) to Livewest, who are a registered local housing provider.  The annual rent is calculated as 2.23% of the remaining share of the full market value owned by the landlord. All figures are subject to change.

Monthly payment to the landlord
In addition to the rent above, the monthly payment to the landlord includes:
Service charge £1.28
Buildings insurance £13.89
Total monthly payment excluding rent £15.17
(these are subject to change during the purchase process)

You can increase your equity share when your financial circumstance permits through a process called 'Staircasing' and you can eventually own the property outright. Full details of eligibility and application process will be provided prior to any viewing being booked in.

Reservation fee
£500.00
You’ll need to pay a reservation fee to secure your home. When you pay the fee, no one else will be able to reserve the home.
If you complete on the purchase of your home, the reservation fee will be added to your rent account. If you or the seller withdraw from the sale the £500 will be refunded.

To satisfy the local eligibility criteria required to purchase this property, potential purchasers must meet one of the following:

• Current employment in an agricultural related activity, the emergency services, a professional healthcare or social worker or a qualified primary or secondary school teacher

• Working for a continuous period of five years immediately prior to being offered the Affordable Dwelling: or

• strong established and continuous links with the administrative district of North Devon by reason of birth or family and in addition still having a parent or guardian living there despite the person having moved away from the District of North Devon

• or is a dependent, spouse or bona fide partner of such a person above

• If no applicants come forward from the district of North Devon, then it will cascade out to the County of Devon

Please contact us to determine if you qualify or not.

Directions from A39, take the Roundswell turning at the BP garage roundabout and go over the first roundabout passing Sainsbury's on your right and continue to the next roundabout and turn left onto Old Bideford road and proceed through the traffic calming controls until you reach the next mini-roundabout where you will turn right onto Brookside and then turn left into Wedlake Way and follow the road around and bear right where you will enter Speckled Wood Court and continue until the T junction where you turn left with the property being the 2nd property on the left. 

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Council Tax Band C 

EPC rating: C. Council tax band: C, Tenure: Leasehold,

Living Room

3.91m (12′10″) x 4.90m (16′1″)

Kitchen

4.14m (13′7″) x 4.93m (16′2″)

Bedroom 1

2.90m (9′6″) x 3.18m (10′5″)

Bedroom 2

2.79m (9′2″) x 4.17m (13′8″)

Bedroom 3

2.21m (7′3″) x 2.54m (8′4″)

Disclosure

These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans (if included) exactly to scale. These details do not constitute part of any offer or contract and are not to be relied upon as statements of representation or fact. Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative. Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor. Northwood have not tested any apparatus, equipment, fixtures or services so cannot confirm that they are in working order and the property is sold on this basis.