Pennywell, Bideford, Devon, EX39

The Pastures is located on the edge of the historical Harbour town of Bideford. This bustling town which spans the River Torridge, is packed with a range of independent shops selling clothing, local homeware, food and produce as well as having larger supermarkets nearby and the twice weekly Pannier Market. excellent road links are nearby with the beautiful estuary towns of Appledore and Instow a short car journey away. If outdoor pursuits interest you then there are walking and cycling trails alongside the River, not to mention a wealth of water based activities on the river or the stunning beaches of Westward Ho!, Saunton Sands, Croyde, Putsborough and Woolacombe.

Shared Ownership with LiveWest - A fantastic opportunity!

A great way to get on the property ladder with a smaller deposit (from as little as 5%) and mortgage. Buy a share of your new home (from 25% - 75%, depending on affordability) and pay reduced rent on the rest. You can increase your share over time (“staircasing”), reducing your rent until you own outright.

Plot 154, to be known as 51 Pennywell, Bideford is a newly built 3 bedroom semi-detached family home with modern fixtures and fittings and excellent facilities including a good-sized rear garden and two off-road parking spaces with electric car charging point.

Homes Available:

Plot 154 (96m2) - 3 bedroom semi detached house with 2 parking spaces - 35% share: £105,000; Rent: £406.25; Service Charge: £12.71; Building insurance: £14.82; Sinking Fund: £0.96

Plot 155 (96m2) - 3 bedroom semi detached house with 2 parking spaces - 35% share: £106,750; Rent: £413.02; Service Charge: £12.71; Building insurance: £14.82; Sinking Fund: £0.96

Plot 164 (96m2) - 3 bedroom semi detached house with 2 parking spaces - 35% share: £106,750; Rent: £413.02; Service Charge: £12.71; Building insurance: £14.82; Sinking Fund: £0.96

Plot 165 (96m2) - 3 bedroom semi detached house with 2 parking spaces - 35% share: £105,000; Rent: £406.25; Service Charge: £12.71; Building insurance: £14.82; Sinking Fund: £0.96

Eligibility:

Household income under £80,000.

Unable to buy a suitable property on the open market.

Savings/funds for deposit, legal and moving costs.

Must not currently own another home (unless sold subject to contract).

Local Connection Requirement – Priority Applicants:

To qualify, you must have a local connection to Torridge District. If no eligible applicants are found, we can then consider those with a connection to Devon. A local connection means:

Currently living in the District/County, OR

In permanent work (16+ hours per week) in the District/County, OR

Having close family (parents, adult children, siblings) who have lived in the District/County for at least 5 years.

How it works:

Apply for your chosen home.

Complete an affordability assessment via New Homes Mortgage Helpline.

LiveWest confirms eligibility and final approval.

Shared Ownership with LiveWest makes home ownership more affordable, with full support along the way.