Muddle Brook, Roundswell
£115,000 (Tenant Fees)

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

Description
Immaculately presented throughout, this stunning two-bedroom home in Roundswell, Barnstaple, is a must-see for buyers seeking a modern property with off-road parking. Styled to show-home standards, this home offers contemporary living in a sought-after location.

Upon entering, you are welcomed into a bright and airy entrance hall finished in a fresh, neutral décor with durable hard flooring. The hallway provides access to a spacious storage cupboard housing the superfast fibre broadband unit, a modern fitted kitchen, a convenient downstairs W.C., and a versatile living/dining area, perfect for relaxing or entertaining. The living space extends seamlessly into the enclosed rear garden via elegant French UPVC doors.

Upstairs, you’ll find two well-proportioned double bedrooms, both fitted with plush carpets for added comfort. The contemporary family bathroom features a stylish three-piece suite, including a chrome shower over the bath, a W.C., and a hand basin, complemented by tile-effect vinyl flooring and extended wall tiling for a sleek finish.

This beautifully maintained home is ideal for first-time buyers in a prime location in Roundswell. Viewing is highly recommended!

Shared Ownership Key Criteria:

Key criteria are:
Buyers must be at least 18 years old
Buyers must have a total household income under £80,000
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 do not own another property in the UK or any
other country or have a memorandum of sale for their existing property.
Buyers must have good credit history and must not have the following (for more
information on acceptable credit for Home Reach please refer to the credit policy):
- A mortgage or rent arrears
- Other bad debts
- County Court Judgements
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

Kitchen / Lounge (6.20 x 4.04 (20'4" x 13'3"))

Bathroom (1.98 x 1.97 (6'5" x 6'5"))

Bedroom 1 (4.04 x 2.69 (13'3" x 8'9"))

Bedroom 2 (4.04 x 2.31 (13'3" x 7'6"))

Garden and Parking

Information
Age - 2021
Tenure - Leasehold 125 years starting 2021
Shared Ownership - 50%
Rent on other 50% - £280.69 per month
Heating - Gas central heating
Drainage - Mains
Windows - UPVC double glazed throughout
Council Tax - Tax band B
EPC Rating - Current B 84 - Potential A 98
Nearest Primary School - Roundswell Community Primary
Nearest Secondary School - The Park School Community College / Pilton Community College - both 3-4 miles away
Seller's position - Looking to find somewhere to upsize
Service Charge - £171.71 per annum