EX39 1BJ - 3 bed modern shared home in Bay View Road, EX39 1BJ

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3 bedroom semi-detached house for sale in Bay View Road, Northam, Devon, EX39 1BJ , EX39

Summary - 117 BAY VIEW ROAD NORTHAM BIDEFORD EX39 1BJ

3 bed 1 bath Semi-Detached

New-build three-bedroom starter home with garden and parking for eligible buyers.
50% share advertised price of £142,500 (shared ownership)
10-year NHBC Buildmark warranty included
Compact new-build: approx. 557 sq ft, 8 rooms total
Energy-efficient design keeps running costs low
French doors to rear garden; two allocated parking spaces
Principal bedroom with en-suite; one family bathroom only
990-year lease but property is leasehold with monthly charges
Rent and annual reviews apply on the unacquired equity share
A modern three-bedroom semi-detached house offered as a shared ownership home, ideal for first-time buyers seeking low running costs and a new-build warranty. The living room opens through French doors to a rear garden and the open-plan kitchen/dining area provides comfortable everyday space. Two allocated off-street parking spaces add practical convenience in this small, energy-efficient home.

Practical protections include a 10-year NHBC Buildmark warranty and a long 990-year lease, giving long-term security for purchasers. The advertised price represents a 50% share of the full market value; rent is payable on the unsold share and staircasing is possible subject to eligibility and lender terms. A small reservation fee and contribution to legal costs are offered to help buyers proceed quickly.

Floor sizes are compact (approximately 557 sq ft) with one family bathroom plus an en-suite to the principal bedroom, so space is best suited to a starter household rather than a growing family needing larger rooms. The property sits in a largely quiet location with very low local crime, fast broadband and excellent mobile signal, but the wider area shows signs of economic deprivation which may affect resale dynamics.

Buyers should note the home is sold leasehold under a shared ownership product: monthly rent, an annual management fee, and an RPI-linked rent review apply. For those eligible, this is a cost-effective route into a new home with low maintenance, modern fittings and scope to increase ownership over time.

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