40% shared equity - £225.29p PCM rent
HO

40% shared equity - £225.29p PCM rent

By Homeweb

£ 88,000

Reviews

3 out of 5 stars

Homeweb says ..

A good sized 2 bedroom mid terraced house offer on a shared equity basis with the current owners 40% being offered for sale in conjunction with the 'Willow Tree Housing Association' who own the remaining 60%.

Property Oracle says ..

This two-bedroom mid-terraced house in Cullompton, Devon, is offered for sale on a 40% shared equity basis in conjunction with Willow Tree Housing Association. The property is conveniently located within a reasonable distance of well-regarded primary and secondary schools and Tiverton Parkway train station. The interior, as shown in photographs, shows a functional layout, though the decor might be considered dated by some buyers. The small paved garden offers a limited but usable outdoor area. The asking price of £88,000 reflects the shared equity model and will likely appeal to first-time buyers or those seeking an affordable entry point to the housing market. A crucial piece of missing information is the actual square footage of the property and comparable properties in the area, which would aid a more precise valuation. While the property presents a practical option for a certain segment of buyers, potential purchasers should carefully assess their financial standing given the shared ownership agreement and the property’s limitations in terms of size and land area.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
2
Bathrooms
0
Sqft (est)
846.80

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
285,499.00 £
Increased by 9.30 %
from 261,214.00 £
Est sale value
306,541.60 £
Increased by 32.12 %
from 232,023.20 £
Average area rental value
1,116.00 £/mo
Increased by 28.87 %
from 866.00 £/mo
Est letting value
846.80 £/mo
from 0.00 £/mo
Est rental Yield
4.69 %
Increased by 17.84 %
from 3.98 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Homeweb marked this listing as sold.

  • Homeweb created the listing.

Nearby Schools

NameTypeOfstedDistance
St Andrew'S Primary SchoolAcademy Sponsor LedGood0.56 KM
Culm Valley Children'S CentreChildren's Centre0.56 KM
Willowbank Primary SchoolAcademy Converter1.08 KM
Cullompton Community CollegeFoundation SchoolGood1.16 KM
Willand SchoolCommunity SchoolRequires improvement3.87 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hillcrest £ 88,00000.00 KM
St George's View £ 299,97500.00 KM
Linden Road £ 260,00000.00 KM
College Road £ 000.00 KM
B3181 £ 276,65900.00 KM

Nearby Transport

NameNLCTLCDistance
Tiverton Parkway3474TVP7.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Foxglove Place, Willand Road, Cullompton £ 339,500BUY6 / 100.07 KM
Raleigh Drive, Cullompton £ 210,000BUY6 / 100.10 KM
Raleigh Drive, Cullompton, EX15 £ 162,000BUYUnknown0.11 KM
Willand Road, Cullompton, EX15 1XY £ 299,000BUY6 / 100.12 KM
Willand Road, Cullompton, EX15 1XY £ 265,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
3 Willand Road £ 176,0000.10 KM
6 Willand Road £ 360,0000.10 KM
Tree-tops £ 260,0000.10 KM
Westbrook £ 485,0000.10 KM
11 Willand Road £ 280,0000.10 KM