£117,250
3 bed end terrace house for saleFoxglove Way, Bridport DT6
3 beds
2 baths
- Shared ownership
- Leasehold
Hastoe Housing - Resale Properties
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About this property
This three-bedroom, end of terrace 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= C75
Term remaining on lease: 102 years
Property features:
Two driveway parking spaces + carport
Fitted kitchen
Gas central heating
Double glazing
Two shower rooms
Private garden
Kitchen/dining: 2.93m x 3.95m
Living room: 4.28m x 2.95m
Bedroom 1: 2.7m x 1.99m
Bedroom 2: 3.27m x 2.39m
Bedroom 3: 3.0m x 2.89m
Shower room 1: 2.0m x 1.99m
Shower room 2: 2.2m x 1.9m
Garden: 9.5m x 8.4m
Purchase Requirements:
Be a first-time buyer or not currently named on a mortgage
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: £335,000
Minimum Share: 35%
Share Value: £117,250
Monthly Rent: £322.71
Service Charge pcm (including buildings insurance & sinking fund): £25.92
Total Monthly Charge: £348.63
Next rental increase: November 2026
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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More information
Tenure
Leasehold (102 years)
Service charge
£26 per month
Council tax band
C
Ground rent
£0
Ground rent date of next review
Shared ownership percentage owned
35%
Shared ownership rent
£323 per month