Summary - Falcon Road, Devon, PL1 PL1 4GR
3 bed 1 bath Terraced
Affordable three-bed modern home with garden and parking — ideal for first-time buyers..
50% shared ownership option from £135,000 (example rent £310.97pcm)
Open-plan c.30ft kitchen/living/dining with patio doors
Three bedrooms; ensuite to master and downstairs WC
Allocated off-street parking and small low-maintenance courtyard garden
Service charge approx. £61.71pcm; lease ~112–113 years remaining
New-build (2007–2011), double-glazed, gas central heating
Area shows high deprivation and above-average crime — check suitability
Leasehold tenure and shared-ownership eligibility restrictions apply
This three-bedroom mid-terrace shared ownership home in Devonport offers a modern, low-maintenance layout designed for first-time buyers looking to step onto the ladder. The ground floor features a c.30ft open-plan kitchen/dining/living area with patio access to a small courtyard garden, plus a convenient downstairs WC. Upstairs are three well-proportioned bedrooms, an ensuite to the master and a family bathroom.
The property is a new-build (2007–2011 construction), double-glazed, gas-heated home with one allocated off-street parking space and fast broadband and mobile signal. Practical running costs are comparatively modest: an estimated service charge of £61.71pcm and a remaining lease of about 112–113 years. Full market value is listed at £270,000; a 50% shared ownership option is offered from £135,000 (example rent c. £311pcm on the unsold share).
Important considerations: this is a leasehold shared ownership property and purchasers must meet shared ownership eligibility and pay rent on the unsold share. The local area scores high for deprivation and records above-average crime levels—factors to weigh when choosing a neighbourhood. Council tax band is not provided and buyers should check that separately.
For buyers seeking affordability and convenience, this home delivers modern fixtures, transport links to Plymouth city centre and decent local schools nearby. It suits buyers wanting an entry-level ownership route with the potential to staircase to a larger share later.
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