***APPLICATION NOW RECIEVED***

SHARED OWNERSHIP WITH 40% SHARE Old Park Avenue is conveniently located within excellent reach of all major road networks, transport links, as well as plenty of local amenities and excellent Primary and Secondary Schools.

Internally, the property is immaculately presented throughout and offers a superb amount of both space and natural light.
A lovely living room faces towards the front of the property with a generous, open plan kitchen/diner to the rear with a useful utility and downstairs cloakroom.

Upstairs you will find two excellent double bedrooms and a modern fitted bathroom.

Outside, the property enjoys a well maintained and smartly landscaped, sunny garden with rear access.

Please refer to the shared ownership criteria within the sales details for further information.

Who Can Apply? - In order to be considered for shared ownership, you will need to:
1. be unable to buy a similar property for your needs on the open market.
2. have enough savings or access to sufficient funds to put towards the deposit and other purchasing costs, such as legal and moving costs
3. in most cases you will need to have a local connection to the area where you would like to buy. This condition may form part of a local planning agreement. We can help you check this if you are unsure
4. have a gross household income of less than £80,000 per year
5. not currently own or have an interest in another property (although you may apply once you have a buyer for your property)
6. be registered with and confirmed eligible for shared ownership by Help to Buy South. (please visit helptobuyagent3.org.uk or call )

Local Connection Criteria (Section 106) - An eligible person means a person who is in need of Affordable Housing and who has a strong location connection with the district of East Devon and who satisfies one or more of the following criteria.
- Currently living in the district for a continuous period of 3 years; OR
- Has been a permanent resident in the district for at least 5 years of the last ten years; OR
- Has been employed in the district on a full-time basis for a continuous period of the last 3 years; OR
- Has a close family member (parent, child, or sibling) currently living in the district for a continuous period of the last 3 years


Council Tax Band: C
Tenure: Leasehold (115 years)
Service Charge: £34.51 per month
Shared Ownership: 40% being sold, £302.01 per month rental payments
The service charge includes buildings insurance.