Summary - Chudleigh Road, Alphington, Exeter, Devon, EX2 EX2 0AF
3 bed 2 bath End of Terrace
Ideal shared ownership starter home near Exeter amenities.
40% shared ownership available at £163,000 (full value £407,500)
5% deposit required (£8,150) to purchase the 40% share
Rent on unowned 60% approx £509.38 pcm; service charge £43.77 pcm
Leasehold; 989 years remaining — long lease not a short-term issue
Energy efficient: solar panels, air source heat pump, EV charger
Garage plus one off-road parking space; low-maintenance south garden
Principal bedroom with en-suite; integrated kitchen appliances included
New build with 10-year warranty; council tax band currently unknown
A bright, new-build three-bedroom home arranged over three floors, offered via Shared Ownership to make entry more affordable. The Lockfield provides flexible living with a ground-floor kitchen/diner and study, a first-floor living room, and a principal bedroom with en-suite on the top floor. The property comes with a 10-year warranty and long lease (989 years).
This energy-efficient house includes solar panels, an air source heat pump and an electric car charger, helping lower running costs. There’s an integral garage plus one off-road parking space, a south-facing turfed garden perfect for low-maintenance outdoor use, and integrated kitchen appliances ready for immediate occupation.
Shared Ownership reduces the upfront cost: a 40% share is priced at £163,000 (full market value £407,500) with a 5% deposit of £8,150. Rent on the unowned 60% is currently estimated at £509.38 pcm and an estimated service charge of £43.77 pcm. The long lease and new-build specification suit first-time buyers seeking energy efficiency and future growth potential.
Important practical points: the property is leasehold and sold as Shared Ownership, so you’ll pay rent on the part you do not buy and will need to follow staircasing rules if you wish to increase your share. Monthly costs shown are estimates; council tax band is currently unknown. Buyers should confirm affordability for rent plus mortgage and check shared ownership eligibility and long-term staircasing implications before proceeding.
3 bedroom end of terrace house for sale in Chudleigh Road, Alphington, Exeter, Devon, EX2 — £163,000 • 3 bed • 2 bath • 1281 ft²
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