Property photos
Shared ownership
Leasehold
£110,000
2 bed semi-detached house for sale
Windyridge Road, Bury St. Edmunds IP302 beds
1 bath
EPC rating: D
Key Information
Tenure:
Leasehold (107 years)
Service charge:
£44 per month
Council tax band:
B
Ground rent:
£0
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- Rattlesden Church of England Primary Academy 0.3 miles
- Woolpit Primary Academy 2.2 miles
- Elmswell 3.5 miles
- Stowmarket 4.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Private garden
- On street/residents parking
- Central heating
- Double glazing
This two bedroom semi-detached 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= D63
Term remaining on lease: 107 years
Property features:
Allocated parking space
Private garden
Fitted kitchen
Downstairs WC
Oil central heating
Double glazing
Over-bath shower
Kitchen: 3m x 3.75m
Living room: 4m x 3.5m
Bathroom: 2.8m x 1.7m
Bedroom 1: 4.3m x 2.6m
Bedroom 2: 4m x 2.6m
Garden: 7m x 15m
Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Have a local connection to the area.
Costs:
Full Market Price: £220,000
Minimum Share: 50%
Share Value: £110,000
Monthly Rent: £206.64
Service Charge pcm (including buildings insurance): £44.32
Total Monthly Charge: £250.96
Next rental increase: April 2024
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.
EPC= D63
Term remaining on lease: 107 years
Property features:
Allocated parking space
Private garden
Fitted kitchen
Downstairs WC
Oil central heating
Double glazing
Over-bath shower
Kitchen: 3m x 3.75m
Living room: 4m x 3.5m
Bathroom: 2.8m x 1.7m
Bedroom 1: 4.3m x 2.6m
Bedroom 2: 4m x 2.6m
Garden: 7m x 15m
Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Have a local connection to the area.
Costs:
Full Market Price: £220,000
Minimum Share: 50%
Share Value: £110,000
Monthly Rent: £206.64
Service Charge pcm (including buildings insurance): £44.32
Total Monthly Charge: £250.96
Next rental increase: April 2024
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.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Listed by
Hastoe Housing - Resale Properties
See development infoProperty descriptions and related information displayed on this page are marketing materials provided by - Hastoe Housing - Resale Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hastoe Housing - Resale Properties for full details and further information.