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    Mayfield Gardens

    Shared Ownership in Monkerton

    • 2 bedroom
    • Starting from £116,000
    • Exeter, Devon, EX1

    Discover Mayfield Gardens – Final homes available to move in now, apply today! 

    Our final selection of 2 bedroom houses available for Shared Ownership sale at Mayfield Gardens. Homes are ideally positioned close to the countryside, in Monkerton near the village Pinhoe, yet on the outskirts of Exeter with excellent transport links, allowing you to make the most of the majestic scenery and vibrant village community. Monkerton is perfectly positioned for commuting and enjoying all that this mesmerising area has to offer 

    Mayfield Gardens, which includes 250 homes, is a stunning new housing development in the picturesque region of Monkerton. It is located just on the outskirts of Exeter. It has excellent transport links and is near to Pinhoe.

    Properties are available through Shared Ownership, which makes homeownership more affordable. It’s your opportunity to buy a home and get on the property ladder in a popular place, whether you’re buying alone, with a partner or as a growing family. You can buy more shares and eventually own the property outright. Monthly payments are potentially lower than private renting. Shared Ownership is ideal for first time buyers because it requires a lower deposit.

    Apply for Shared Ownership

    Download brochure

    Key Information

    Countryside location
    Short drive to city centre
    Good transport links
    Incentive available
    • Final 2 bedroom houses
    • Own a share from 40% to 75%
    • Semi-detached & end of terrace house remaining
    • French doors to rear garden
    • Allocated parking and garage
    • Storage space throughout
    • Downstairs W/C
    Key Information
    A couple holding and looking at each other smiling

    Site Layout

    The development layout does not show details of gradients of land, boundary treatments, local authority street lighting or landscaping. It is our intention to build in accordance with this layout. However, there may be occasions when the house designs, boundaries, landscaping and positions of roads and footpaths change as the development proceeds. Please speak to a member of our Sales Team for more details.

    Explore Nearby

    Monkerton has had significant investment. It has an improved transport network, new park and school facilities. There are many socialising venues locally, like family-friendly pubs such as Pinhoe Hoard, Heart of Oak and Miller & Carter. Essential amenities like Sainsbury’s and Aldi are within a five-minute drive. You will also find other services like post offices and medical facilities nearby.

    Exeter city centre is just an 11-minute drive or approximately 20 minutes by bus from Mayfield Gardens. Known for its food culture with options for al fresco dining on the historic quayside topping it all off; range of activities like boat trips to climbing available around it, making it an apt choice whether you are buying alone or with a family.

    Transport
    Pinhoe Railway Station

    Nearby Pinhoe railway station offers trains between London Waterloo and Exeter St Davids, via Salisbury and Yeovil Junction.  

    Food
    The Pinhoe Hoard

    The Pinhoe Hoard is your local family-friendly pub and restaurant serving warming pub classics in cosy surroundings to make you feel right at home. 

    Food
    Miller & Carter

    Miller & Carter Exeter is perched upon the borders of the M5, sitting right in the hub of Exeter Business Park. This local restaurant features welcoming interiors to make you feel right at home and ready to indulge with one of their delicious steaks.

    Shopping
    Princesshay

    Princesshay is perfectly situated for all that Exeter has to offer, with the renowned, medieval Cathedral as its backdrop it’s an ideal shopping spot. With over 60 restaurants & retailers, you’ll be spoilt for choice.

    Shopping
    Guildhall

    Guildhall Shopping Centre features Exeter City Centre’s highest choice of shops, food options and leisure services, you’ll find everything you need and more.

    Culture
    Exeter Cathedral

    Immerse yourself in the breath-taking beauty of one of Europe’s most spectacular cathedrals. Explore the never ending  architecture, clandestine corners and hidden histories.

    Education
    University of Exeter

    The University of Exeter unites world class research with outstanding student satisfaction. The university is a member of the Russell Group of leading research-intensive universities. 

    What is Shared Ownership?

    Learn more about how the Shared Ownership scheme works

    Read More A young female sat and using her laptop
    What is Shared Ownership?
    Shared Ownership is a way to buy your home if you otherwise couldn't afford to on the open market. You buy a share percentage of the home, which is usually 25-75%, pay a subsidised rent on the remaining share and pay a service charge. It's an ideal scheme for first-time buyers looking for a more affordable housing option to get on the property ladder. Click 'read more' to find out more about Shared Ownership.
    Am I eligible for Shared Ownership?
    To qualify for Shared Ownership, individuals must be over 18 years old and residents in the UK. There is a household income threshold. You must have a household income threshold of less than £80,000, but this increases to £90,000 if you buy a home in London.
    Can I buy more shares?
    Yes, you can buy more shares at a later date after you purchase your home. This is known as 'staircasing' and the amount your increase will depend on how much you can afford. Buying more shares will reduce future rent payments. Eventually you could own 100% of your home.
    How much deposit do I need?
    This depends on the full market value of the property and the size of the share you are purchasing, your mortgage lender and your credit rating. The benefit of Shared Ownership is that the deposit required will be significantly lower than if you were purchasing the property outright because you only need a deposit on the share you are buying. You should expect to have at least 5% deposit saved. Your mortgage advisor will tell you the exact amount of deposit you need. You can contact one of our panel of mortgage brokers to get a Mortgage in Principle.