Affordable two-bedroom house with energy-efficient systems and parking.
25% share price £65,000; rent and charges apply (£406.25 rent)
This brand-new two-bedroom end-terrace at 30 Ellery Corner offers an attainable route onto the property ladder through shared ownership with a 990-year lease. The home is energy-efficient with an air source heat pump and solar PV panels, and comes with two off-street parking spaces and a usable rear garden — practical benefits for everyday family life. Flooring is provided in the kitchen, bathroom and WC only; the remainder will need finishing to your taste.
The purchase price shown is for a 25% share (£65,000) with an affordable monthly rent on the remaining share. Applicants must meet shared ownership eligibility, including a local connection priority to Torridge (with wider Devon considered after 12 weeks). There are additional monthly costs: rent (£406.25), service charge (£24.13), building insurance (£14.19) and a small sinking fund contribution (£0.93).
These homes form part of the Ruby Meadow development, forecast for completion Winter 2025/26 — an estimate that could change. The town of Holsworthy provides local schools rated Good, basic amenities and road links to larger towns and national parks, making this suited to first-time buyers wanting a compact, modern home near countryside attractions.
Shared ownership lowers the upfront cost but does not transfer full ownership immediately; staircasing is possible over time. Buyers should factor in finishing floors, potential moving/decoration costs, eligibility checks, and the modest ongoing charges when assessing affordability.
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