Summary - Ellery Corner, Holsworthy, Devon, EX22 EX22 6FY
3 bed 1 bath Terraced
Shared ownership with renewable heating and two parking spaces.
25% share price £77,500; monthly rent £484.38
A newly built three-bedroom mid-terrace home in the Ruby Meadow development, offered through shared ownership to help first-time buyers step onto the property ladder. The build includes modern fixtures, an air source heat pump, and solar PV panels on every plot to reduce ongoing energy costs. The plot comes with a good-sized rear garden and two off-street parking spaces.
This purchase is a 25% share priced at £77,500 with an estimated monthly rent of £484.38 and low service charge (£24.13). There is a long 990-year lease and small initial reservation fee (£50 before 24 December 2025) plus a £1,000 contribution towards legal fees and appliances. Flooring is supplied only in the kitchen, bathroom and WC, so additional floor finishes will be needed elsewhere.
Shared ownership has eligibility conditions: household income under £80,000, a local connection to Devon, and no current home ownership (unless sold subject to contract). Completion is forecast for winter 2025/26 but is an estimate and may change. This is a practical, lower-cost route into a modern home in Holsworthy, suited to buyers who meet the eligibility criteria and are comfortable with shared ownership terms and staged staircasing to increase ownership over time.
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