Libra Avenue, Sherford, Plymouth, Devon, PL9 8FJ
- 3 Storey House Family Home
- 4 Bedrooms
- 2 Bathrooms (1 En-Suite)
- 2 Reception Rooms
- Kitchen With Integrated Appliances
- Garage & Allocated Parking
- NHBC Buildmark Cover
- EPC B-85
This property is being offered from a 25% shared ownership basis DEPOSIT INCENTIVES AVAILIBLE *subject to Terms & Conditions*.'
This beautiful three storey home with wooden sash windows situated in 'Sherford', a new community in the heart of Devon. The property will offer 4 bedrooms (1 en-suite), sitting room, separate family/dining room, fully fitted kitchen with integrated appliances, family bathroom, cloakroom/w.c. and storage cupboards. In addition, there is a garage and allocated parking.
You are eligible to purchase a Home Reach property in England or Wales if:
*Your household income does not exceed £8O,OOO per annum for homes outside of London (£9O,OOO in London).
*You have a deposit (at least 5% of the share value). You are a first-time buyer or used to own a home, but cannot afford to buy outright now.
*You currently occupy a shared ownership property and are looking to move.
*The shared ownership property will be your principle and only home.
*You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs, which we will help you with. I would need you to contact the office to get this arranged.
You are able to purchase your share of one of the properties with either cash savings or by taking out a mortgage. lf you are taking out a mortgage to finance your share, then you will need to allow for at least a 5% deposit. The larger your deposit (typically 10%), the lower your mortgage payments will be.
On the share you don't own, you will pay rent of 2.75% of the unsold value. This will be paid monthly by direct debit.
About Sherford: Sherford' is a new community in the heart of Devon occupying over 1,200 acres of farmland. The town will be the perfect mix of traditional living, paired with contemporary design and is set to become one of the most thriving market towns in the region. Sherford is designed to be self-sustainable and so will offer a variety of community facilities which shall include a health centre, town hall, library, theatre and sports centre. Located in one of the country's most picturesque locations, which is renowned for beautiful country landscapes and coastlines, it is ideal for residents seeking a quieter country lifestyle with easy links to the city.
Sherford is situated between Plymouth and the South Hams, ideally located in the county of Devon. The A38 is known as the Devon Expressway, is only minutes away and provides easy links to the larger cities of Plymouth and Exeter as well as the neighbouring county of Cornwall. Plymouth Railway Station is just 15 minutes away and provides access to all major cities including a direct train to London Paddington. For air travel, Exeter International Airport is under an hour away.
There will be footpaths and cycle routes placed around Sherford taking residents through a 500 acre parkland and woodland. Sherford will also offer environmental initiatives such as community gardens, allotments, wildlife corridors and bat bridges. Not too far away is the iconic Smeaton's Tower Lighthouse on Plymouth Hoe which hosts public events all year round including the spectacular British Fireworks Championships. Royal William Yard, the formal Royal Naval Dockyard, is also close by boasting a range of bespoke fine dining establishments plus a museum and art gallery which host a range of public events throughout the year.
Sherford is set to have three primary schools and one secondary school. There are a number of colleges in nearby Plymouth offering a variety of subjects as well as being home to two universities; The University of Plymouth - ranked in the top 2% of universities in the world and The University of St Mark & St John, one of the UK's top universities for student satisfaction.