Shared ownership

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Shared ownership

1/14

2 bed house for sale Braid Drive, Tiverton, EX16

Shared ownership

£206,250

Added on 24/09/2026

75% share · £275,000 full value New home

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £245 per sq ft
Tenure: Leasehold

Service charge £387 a year

* From the agent's description. Check it with them before you rely on it.

Key features

75% Share
Minimum Deposit of £10,312.50
Monthly Rent of £157.52
NO ONWARD CHAIN
Air Source Heat Pump Heating
Allocated parking spaces with EV charging point
Flooring will be included in the kitchen, bathroom, and WC only

About this property

An exciting rare opportunity to purchase a brand new two bedroom mid-terrace home at the sought-after Post Hill development on a 75% 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.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,771
Band B

£2,066
Band C

£2,361
Band D

£2,656
Band E

£3,247
Band F

£3,837
Band G

£4,427
Band H

£5,313

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Mid Devon, 2026/27 bills run from £1,771 a year in band A to £5,313 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Mid Devon, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Braid Drive, Tiverton, EX16

Open map Street View

Mortgage and stamp duty

Property price £206,250

£103k £310k

Deposit10% £21,000

£0 £207k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £185,250 mortgage. Most lenders would want a household income of about £42,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
11, Braid Drive Semi-detached	Semi-detached	Aug 2025	829 sq ft £350/sq ft	829 sq ft	£350	£290,000
7, Braid Drive Terraced	Terraced	Jul 2025	710 sq ft £348/sq ft	710 sq ft	£348	£247,500
5, Braid Drive Terraced	Terraced	Jun 2025	710 sq ft £359/sq ft	710 sq ft	£359	£255,000
22, Braid Drive Semi-detached	Semi-detached	Oct 2022	1,238 sq ft £271/sq ft	1,238 sq ft	£271	£335,000
22, Braid Drive Semi-detached · new build	Semi-detached · new build	Jun 2021	1,238 sq ft £238/sq ft	1,238 sq ft	£238	£294,995
16, Braid Drive Semi-detached · new build	Semi-detached · new build	May 2021	1,421 sq ft £225/sq ft	1,421 sq ft	£225	£319,995
14, Braid Drive Semi-detached · new build	Semi-detached · new build	Apr 2021	1,421 sq ft £225/sq ft	1,421 sq ft	£225	£319,995
24, Braid Drive Semi-detached · new build	Semi-detached · new build	Apr 2021	1,238 sq ft £242/sq ft	1,238 sq ft	£242	£299,995