Old Tram Drive, Roundswell, Barnstaple, Devon, EX31

A rare opportunity to acquire a 50% share of this well presented 2 bedroom ground floor apartment, located in the popular and convenient location of Roundswell.

Benefiting from a remainder 10 year NHBC warranty, 2 bedrooms, open plan lounge/kitchen, bathroom & one allocated parking space. This is an ideal opportunity for first time buyers. Available with no onward chain.

AGENTS NOTE: The property's Leasehold would be shared with Heylo, with the new owner having a 50% share. Any prospective purchaser will be required to meet the requirements as set out by Heylo. Please enquire at the agents office for full details.

Key criteria are can be found below:

Buyers must be at least 18 years old.
- Buyers must have a total household income under £80,000 (£90,000 in London).
- Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for further information).
- Buyers are expected to use any savings and assets towards the purchase of their home. This may mean selling assets such as bonds, shares, land and any other financial investments.
- Buyers in receipt of benefits are eligible for Shared Ownership provided they meet the Homes England affordability assessment (not all benefits are eligible).
- Self-employed buyers must be able to provide 2-years evidence of their income.
- Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator.
- Shared owners must be first time buyers or: - Not currently own a home suitable for their housing needs.
- Sell a home not suitable for their housing needs before buying Shared Ownership..
- Buyers must have a minimum 5% deposit towards the share they are purchasing
- Buyers may retain a portion of their savings to cover the costs of purchase and moving home (typically up to £5,000). This may include: - Legal Fees - Stamp Duty Land Tax where applicable - Mortgage application fees - Valuation fees and any associated moving costs