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Sovereign at St Michael's Meadow
New phase coming in 2025
New phase coming in 2025
Chudleigh Road, Exeter, Devon EX2 8TS
Features
- This development is being sold exclusively with our Exeter selling agents, Fulfords
- Great selection of 1, 2, 3, & 4 bedroom houses and apartments
- Part of the Redrow Heritage collection
- Good local amenities
- 11 minutes’ drive from Exeter City Centre*
- Close to the coast and Dartmoor National Park
- 10 minute’s drive to Exeter St Davids train station*
- Short drive from Devon Expressway and M5
Description
A new phase is coming to St Michael's Meadow in 2025. Take a look at our other developments in Exeter:
Heritage Green: 2, 3, 4, & 5 bedrooms
Isca Hill Park: 1, 2, 3, & 4 bedrooms
Moonhill Rise: 2, 3 & 4 bedrooms
This superb development of Heritage Collection homes from Redrow come with solar panels to help with the rising cost of electricity, and are presented with stylish kitchens, expansive living spaces and gardens with patios and turf.
Located in the delightful Exeter suburb of Alphington, a mix of shops, a primary school, and a supermarket are all within easy reach.
The area is fantastic for access to the local countryside and seaside towns. The beautiful Dawlish Warren Beach, and magnificent Dartmoor National Park are also nearby, with miles of paths and trails for walking & cycling.
Location
Sovereign at St Michael's Meadow
Get in touch
To make an enquiry about a property, please fill in the form below and a member of the team will be in touch
FAQs
We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then Shared Ownership could be right for you!
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example:
If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought!
You can speak to our panel of financial advisors for more information around affordability.
Once you’ve settled in to your new home and you’ve made it your own, you may want to consider buying more shares – we call this staircasing, and we’re with you every step of the way.
The more shares in your home that you own, the less rent you pay. Almost all of our homes can be purchased outright, meaning that you could own 100% of your home. You’ll be able to find out whether this is possible for your home by speaking to our dedicated sales team.