Affordable three-bed home near Bideford with two parking spaces and garden.
25% share price £75,000 with rent £468.75 per month
Plot 164 at The Pastures is a newly built three-bedroom semi-detached home available through Shared Ownership, aimed at making first-time purchase more affordable. Sold as a 25% share for £75,000 (with rent of £468.75 on the unsold share), this house includes two off-street parking spaces, an electric car charging point, and a good-sized rear garden. The property benefits from modern fixtures, an air-source heat pump and a long 990-year lease.
The home is finished to new-build standards with a modern fitted kitchen; flooring is provided in the kitchen, bathroom and WC only. Carpets are included on specific plots only (plots 110, 154, 155, 164 and 165). Buyers should note ongoing costs: a low service charge (£12.71), building insurance (£14.82) and an additional rent charge until further staircasing reduces the rent. Eligibility criteria apply (household income under £80,000, savings for deposit/fees, and no current ownership of another home unless sold subject to contract).
This plot suits buyers seeking an affordable route to ownership close to Bideford’s amenities and nearby beaches. It’s a practical, low-maintenance family home with energy-efficient heating and EV provision, but buyers should factor in shared-ownership mechanics, monthly rent, and limited included internal finishes when budgeting.
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