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Shared ownership
Leasehold

£96,900

2 bed terraced house for sale

Foxglove Way, Bridport DT6
2 beds
1 bath

£96,900

2 bed terraced house for sale
Foxglove Way, Bridport DT6

    • 2 beds

    • 1 bath

  • EPC Rating: C

Shared ownership
Leasehold

About this property

    This two bedroom terraced house, is an ideal opportunity to get on to the property ladder with Hastoe. It is being sold under the shared ownership scheme whereby you purchase a share in the property and pay a reduced rent on the remaining Hastoe equity.

    EPC= C71

    Term remaining on lease: 103 years

    Property features:
    Allocated parking space
    Private garden
    Fitted kitchen
    Gas central heating
    Double glazing
    Over-bath shower

    Kitchen: 4.11m x 3.5m

    Living room: 2.89m x 4.11m

    Bedroom 1: 2.74m x 3.04m

    Bedroom 2: 2.43m x 3.96m

    Bathroom: 2.13m x 2.13m

    Garden: 8.07m x 4.42m

    Purchase Requirements:
    Be a first time buyer or not currently own a property.
    Have a local connection to the area.
    Demonstrate you meet the minimum income requirements.
    Demonstrate a deposit sufficient to obtain a mortgage for the property.
    Be eligible for the shared ownership scheme.

    Costs:
    Full Market Price: £285,000
    Minimum Share: 34%
    Share Value: £96,900
    Monthly Rent: £299.25
    Service Charge pcm (including buildings insurance): £20.46
    Total Monthly Charge: £319.71
    Next rental increase: April 2026

    Apply online via the Hastoe sales website

    What is shared ownership?
    Shared ownership is a scheme designed to help those who wouldn’t otherwise be able to purchase a home of their own. This may be because you can’t meet the full mortgage repayments, save a sufficient deposit, or both. With shared ownership, you buy a percentage of your home and pay a reduced rent on the share you don’t own
    .
    This property has restricted staircasing to ensure the property remains affordable for future generations of local people.

    How does shared ownership work?
    You will buy a percentage share of a home, independently priced at market value. Hastoe will charge you rent on the share you don’t own plus a service charge. This service charge covers things like buildings insurance and estate maintenance.

    About Hastoe:
    Hastoe owns and manages over 7,500 homes in 70 local authority areas. Our properties are predominantly rural and we specialise in providing sustainable and affordable rural housing to enable local people to remain within their communities.

    More information

    • Tenure

      Leasehold (103 years)

    • Service charge

      £20 per month

    • Council tax band

    • Ground rent

      £0

    • Ground rent date of next review

    • Shared ownership percentage owned

      34%

    • Shared ownership rent

      £299 per month

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