Braid Drive
Tiverton
£110,000
Tenure: Leasehold
Ref: TVT106269
- Two bedroom mid-terrace house
- 10% - 75% share
- No onward chain
- Air source heat pump heating
- Allocated parking spaces
- Flooring will be included in the kitchen, bathroom, and wc only
monthly mortgage estimate
Call today to register your interest in this two-bedroom mid-terrace 40% shared ownership home at Post Hill. Offering a fitted kitchen, spacious lounge/diner with doors to the rear garden, two double bedrooms, a family bathroom, two parking spaces with EV charging point.
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selling or letting?
- Years remaining: 0 years
- Current ground rent: Contact branch
- Ground rent review period: Contact branch
- Annual service charge: £387
- Ground rent increase: Contact branch
- Share sold: 40%
- Rent payable: £378 per month
Council Tax Band: TBC
Tenure: Leasehold
Shared Ownership:
floor plans
in detail
An exciting rare opportunity to purchase a brand new two bedroom mid-terrace home at the sought-after Post Hill development on a 40% shared ownership basis.
On entering the property you will find an entrance hallway. The front facing kitchen is well equipped and offers a practical and stylish space for everyday cooking. To the rear of the home, the generous lounge/dining room provides the perfect setting for relaxing and entertaining, with patio doors opening onto the enclosed rear garden. Completing the ground floor is a convenient cloakroom/WC and a useful storage cupboard.
Upstairs, the property offers two well proportioned double bedrooms and a contemporary family bathroom.
Finished to a high standard throughout, the home benefits from flooring included in the kitchen, bathroom and WC. Heated buy an energy efficient air source heat pump heating system, and two allocated parking spaces with an EV charging point.
This fantastic brand-new home presents an affordable and attractive way to step onto the property ladder in a sought-after Tiverton location. Early viewing is highly recommended.
Lounge/Diner 5.21m x 4.00m
Bedroom One 5.21m x 3.00m
Bedroom Two 5.21m x 2.33m
opportunity to own a brand new Shared
ownership home at Post Hill.
Located close to Tiverton town centre,
residents can enjoy easy access to local
shops, schools, leisure facilities and green
spaces. Excellent transport links, including
nearby access to the M5 and Tiverton
Parkway railway station.
This development will also deliver a large
area of public open space and a children’s
play area. As well creating a clean and
sustainable future for our residents with all
homes offering air source heat pumps.
Net rent based on 40% share approx. £378.13 per month.
Service Charge approx £32.29 per month
Buildings Insurance £14.97 per month
Sinking Fund £14.20 per month
Total approx £439.59 per month
Further lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
Not just for first-time buyers, the eligibility criteria is either:
-you currently don't own another house
-or the house you currently own is sold subject to contract
Basic criteria:
-You cannot afford a similar home on the open market
-Your household income does not exceed £80,000
-You don't have any County Court Judgements (CCJs) against you
-You can afford the mortgage and deposit for the share you wish to purchase
This is part of Livewest taking big steps to alleiviate the region's housing shortage which has high demand and high prices which can make it challenging for families to find affordable housing.
The open market value is £275,000, with the value at 40% share being £110,000.
On entering the property you will find an entrance hallway. The front facing kitchen is well equipped and offers a practical and stylish space for everyday cooking. To the rear of the home, the generous lounge/dining room provides the perfect setting for relaxing and entertaining, with patio doors opening onto the enclosed rear garden. Completing the ground floor is a convenient cloakroom/WC and a useful storage cupboard.
Upstairs, the property offers two well proportioned double bedrooms and a contemporary family bathroom.
Finished to a high standard throughout, the home benefits from flooring included in the kitchen, bathroom and WC. Heated buy an energy efficient air source heat pump heating system, and two allocated parking spaces with an EV charging point.
This fantastic brand-new home presents an affordable and attractive way to step onto the property ladder in a sought-after Tiverton location. Early viewing is highly recommended.
Measurements
Kitchen 2.60m x 3.48mLounge/Diner 5.21m x 4.00m
Bedroom One 5.21m x 3.00m
Bedroom Two 5.21m x 2.33m
About
LiveWest is proud to offer an excitingopportunity to own a brand new Shared
ownership home at Post Hill.
Located close to Tiverton town centre,
residents can enjoy easy access to local
shops, schools, leisure facilities and green
spaces. Excellent transport links, including
nearby access to the M5 and Tiverton
Parkway railway station.
This development will also deliver a large
area of public open space and a children’s
play area. As well creating a clean and
sustainable future for our residents with all
homes offering air source heat pumps.
Leasehold
Leasehold 990 yearsNet rent based on 40% share approx. £378.13 per month.
Service Charge approx £32.29 per month
Buildings Insurance £14.97 per month
Sinking Fund £14.20 per month
Total approx £439.59 per month
Further lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
Flooring
Flooring will be included in the kitchen, bathroom and WC only.What Is Shared Ownership?
You buy an initial share in your home - in this case between 10% and 75%, and pay a discounted rent on the remaining share. If your financial situation changes, you can 'staircase' and purchase further shares up until you own your home outright.Not just for first-time buyers, the eligibility criteria is either:
-you currently don't own another house
-or the house you currently own is sold subject to contract
Basic criteria:
-You cannot afford a similar home on the open market
-Your household income does not exceed £80,000
-You don't have any County Court Judgements (CCJs) against you
-You can afford the mortgage and deposit for the share you wish to purchase
About Livewest
Livewest have ambitious plans to invest £1bn and build 5,000 new homes in the south west over the next five years, and currently own and manage over 40,000 homes.This is part of Livewest taking big steps to alleiviate the region's housing shortage which has high demand and high prices which can make it challenging for families to find affordable housing.
Shares
Shares are available from 10% to 75% depending on your lease and affordability.The open market value is £275,000, with the value at 40% share being £110,000.
Please Note
We will endeavour to use the photographs of the actual property but may also show pictures of the showhome, similar plots and/or computer generated images. The front shot photo is a photo of a different plot but the same house type.Epc
Please note the EPC rating is to be confirmed.Warranty
This home will have a 10-year LABC warranty.
Utilities, rights & restrictions
Utility supply:
- Electric Ask agent
- Water Ask agent
- Heating Air Source Heat Pump
- Broadband Ask agent
- Sewerage Ask agent
Rights and restrictions:
- Private rights of way Ask agent
- Public rights of way Ask agent
- Listed property Ask agent
- Restrictions Ask agent
Risks:
- Flooded in last 5 years Ask agent
- Flood defences Ask agent
- Source of flood Ask agent
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Monthly mortgage estimate
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
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