Affordable shared ownership in a low‑carbon new development near Holsworthy amenities.
- 25% share price £65,000 with monthly rent £406.25
- Air source heat pump and solar PV on every plot
- Two off-street parking spaces and rear garden
- 990-year lease; low service charge £24.13 pcm
- Flooring provided only in kitchen, bathroom and WC
- New build completion forecast winter 2025/26 (estimate)
- Local connection and no current home ownership required
- Average-sized rooms; small-to-average garden and footprint
A practical route into home ownership in North Devon: this brand-new 2-bedroom end-terrace is offered through shared ownership, with a 25% share priced at £65,000 and an estimated monthly rent of £406.25. Built in 2025, the home includes low-carbon features — an air source heat pump and solar PV panels — helping running costs and environmental credentials. The property has two off-street parking spaces and a good-sized rear garden, positioned in the new Ruby Meadow development close to Holsworthy’s schools and transport links.
These homes are designed for buyers who need a smaller deposit and structured support to buy (shared ownership with staircasing available). The long lease (990 years) and modest service charge (£24.13 pcm) give tenure security and predictability. Flooring is supplied in the kitchen, bathroom and WC only, so buyers should budget for additional floor finishes elsewhere.
Note the eligibility and timing caveats: priority is given to applicants with a local connection to Devon and you must not currently own another home (unless sold subject to contract). Build completion is forecast for winter 2025/26 but remains an estimate and may change. Overall, this is a sensible, energy-efficient starter home in a small development, best suited to first-time buyers seeking lower upfront costs and a manageable ongoing outlay.
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