Under offer
Shared ownership

£74,000

2 bed terraced house for sale
Hailes Meadow, Haughley IP14

2 beds
2 baths
  1. Property photo 1 of 23. Front Of House

Points of interest

Property location

Nearby amenities

  • Crawford's Churh of England Primary School0.4 miles
  • Olive Alternative Provision Academy Suffolk (Central)1.5 miles
  • Stowmarket2.2 miles
  • Elmswell2.9 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
EPC= C75

Term remaining on lease: 108 years

Property features:
Allocated parking
Private garden
Fitted kitchen
Central heating
Double glazing
Over-bath shower
Downstairs WC

Kitchen: 3.7m x 2.8m

Living room: 3.7m x 3.4m

Bathroom: 2.0m x 1.9m

Bedroom 1: 3.7m x 2.7m

Bedroom 2: 3.6m x 2.8m

Purchase Requirements:
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.
Be registered with your Help to Buy agent

Costs:
Full Market Price: £185,000
Minimum Share: 40%
Share Value: £74,000
Monthly Rent: £251.99
Service Charge pcm (including buildings insurance): £8.76
Total Monthly Charge: £260.75
Next rental increase: April 2022

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.

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Hastoe Housing - Resale Properties

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Property 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.