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An architects drawing of a two-storey semi-detached house
Coming Soon

Two Plots at North Lane - Bickington

Barnstaple
Shared Ownership
£93,600

COMING SOON - Two semi-detached, 2 bedroom houses for Shared Ownership in Bickington. 

Shared Ownership

Share price: £93,600.00
Current Market Value: £260,000.00
Share percentage: 36%
Monthly rent on remaining percentage: £381.33
Monthly service charge: TBC

Figures may be subject to change and should be used as guide at this time

CGI image is included for illustrative purposes only

The Properties

Two, two bedroom semi-detached houses with accommodation over 2 floors, located in the desirable area of Bickington, just outside Barnstaple. The properties offer the following features and amenities:

  • An open plan kitchen/diner with sleek fitted units.
  • Patio doors that open onto the rear garden from the kitchen diner.
  • A good sized lounge.
  • Two double bedrooms.
  • An upstairs family bathroom equipped with three piece bathroom suite.
  • A downstairs WC.
  • A private drive with parking for two cars.
  • A private rear garden.

Measurements

  • Lounge - 3.91 x 3.66 m
  • Kitchen/Diner - 5.04 x 3.26 m
  • WC - 2.10 x 1.23 m
  • Bedroom 1 - 5.04 x 3.66 m
  • Bedroom 2 - 4.58 x 2.71 m
  • Bathroom - 2.78 x 2.4m

All measurements are approximate and estimated from architect plans

Current Energy Efficiency Rating: Under construction

Floor plan of the first and second floors of a house showing: a lounge, a kitchen/diner, a WC2 bedrooms, a bathroom, airing cupboard and flight of stairs.

Local and Share Restrictions

The maximum share of the property that may be purchased at any time is restricted to 80%

These properties are subject to a Section 106 allocation restriction, meaning that the applicants must prove occupation criteria in respect of the District of North Devon. 

The applicant must meet be able to prove that they meet at least one of the below criteria:

  • Resident in the District for a minimum of five years continuously, immediately prior to application.
  • Resident in the District for five years within the last ten years
  • Parents/guardians/children/siblings have resided in the District for the last ten years
  • Continuous employment within the District for the last five years.
  • Qualifying person as set out in The Allocation of Housing (Qualification Criteria for Armed Forces) Regulations 2012

If no applicant who meets the above criteria within North Devon is found after four months, the restrictions will extend to applicants that meet the above criteria for the county of Devon.

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