1 Barrage Way, Collaton Park, Newton Ferrers, Devon

Shared Ownership
£187,500
SSTC
This property listing is now SSTC

1 Bedroom Bungalow for sale in Plymouth

1 1 1
  • 75% Shared Ownership available from £191,250
  • Collection of homes for Over 55’s
  • Accessible single storey living
  • One bedroom Semi-Detached bungalow with parking
  • Open plan kitchen/living/dining room for flexible living
  • 10 year ICW warranty
  • Offered for Sale on a Shared Ownership basis
  • High specification throughout
  • Solar panels, electric vehicle charging, air source heat pump
  • Set within an extensive 12 acre valley parkland

SHOW HOME NOW OPEN – CALL TO BOOK A VIEWING
The Chestnut is a 75% shared ownership one bedroom bungalow with an inviting frontage.

This home has a generous central hallway, leading you through to the kitchen / dining / family space with French doors leading to the garden, The bedroom and spacious bathroom, inclusive of a low level access shower.

This home is an accessible home , meaning there are various features to enable wheelchair access and to suit homeowners with limited mobility or specific needs, some options are available prior to certain build stage cut off, please discuss further with our sales executive.

The collection of Horizon homes, for Over 55’s, on this development come complete with a high specification throughout including: an induction hob, flooring to kitchens, wet rooms, downlights to kitchen and bathroom among much more.

SHARED OWNERSHIP one bedroom bungalows available to purchase:
100% sales value: £250,000
Minimum share purchase: 75%
Purchase price of share: £187,500
Rent per month: £146.00
Rent on unsold equity (£63,750) is charged at 2.75%

All of the homes have been designed with sustainability in mind. With predicted EPC ratings of A, these homes include an air source heat pump for efficient heating, solar panels to generate renewable energy and an EV charging point as standard. These highly sought-after features will help to reduce the environmental impact and lower energy bills.

Collaton Park is a multi-award-winning development situated just a stone’s throw away from the sought after village of Newton Ferrers. Many of the homes on this development boast outstanding, far-reaching countryside views of the South Devon National Landscape (previously AONB).

The villages offer an excellent range of amenities, including a co-op, post office, pharmacy, delicatessen café, three popular pubs, two churches, yacht club, and a highly regarded primary school.

The estuary is a haven for sailing, paddleboarding, swimming, with deep-water moorings and slipway facilities available locally. The surrounding coastline and countryside provide wonderful walking opportunities, including the South West Coast Path and National Trust owned stretches of shoreline.

More comprehensive amenities can be found in Yealmpton, Modbury, Ivybridge, and Plymouth, which also provides a vibrant cultural scene, university, and mainline rail connections to London and beyond.

We have many options for you across Collaton Park with our open market homes and a Different Approach collection of homes, so do ask us for more details on other options available to you.

This exceptional development is bought to you by the award-winning developers, Coln Signature Homes and Pillar Land Securities.

DISCLAIMER - Some of the photos used are from a previous Coln Signature Homes development and are provided to give you an idea of a typical Coln Signature Homes finish. Space, layout, and specification may vary from site to site. Please speak to the sales consultant for further information.

Eligibility Requirements:
To qualify for this scheme, you should:
• Be Over 55
• Priority shall be given to those with a Strong Local Connection to the Parish of Newton Ferrers and Noss Mayo.
Applicants from the adjoining Parishes or wider South Hams will be considered subject to local demand. A copy of the allocations policy is available on request.


About Shared Ownership:
With the Shared Ownership scheme, you buy a share in a home and pay a discounted rent to the housing provider on the remaining share. This means it can be easier to secure your new home. You can then staircase, which is when you purchase more shares at a time that is right for you, in most cases, up to 100%. Once you've achieved full ownership, you'll no longer need to pay rent to the housing provider.

Services
Mains water and electricity. Air source heat pump. Solar powered. High speed fibre.

EPC Rating
Predicted Rating - A

Council Tax
TBC

Tenure
Leasehold - Shared Ownership

Authority
South Hams District Council, Follaton House, Plymouth Road, Totnes, Devon, TQ9 5HE, Tel: 01803 861234

Services
£523.25 annual fee

Fixtures and Fittings
All items in the written text of these particulars are included in the sale. All other items are expressly excluded regardless of inclusion in any photographs.

Viewing
Marketing Suite and show home open Weds- Sat 10am until 5pm, call Marchand Petit today for your personalised appointment on 01752 373405

Room Dimensions
Ground Floor
Kitchen/Dining/Living 5.90m x 3.84m 19’4” x 12’8”
Bedroom 2.70m x 4.23m 9’0” x 13’11”
Bathroom 1.96m x 3.27m 6’5” x 10’9”

Important Information

  • This is a Leasehold property.
  • The annual service charges for this property is £523

Property Ref: 2730_LZT856301

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