£228,250
4 bed semi-detached house for saleMeerhayfield Cottages, Wootton Fitzpaine DT6
4 beds
1 bath
- Shared ownership
- Leasehold
Hastoe Housing - Resale Properties
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About this property
This four-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= D56
Term remaining on lease: 90 years
Property features:
Parking spaces for two cars
Fitted kitchen
Storage heaters
Double glazing
Over-bath shower
Downstairs WC
Conservatory
Private garden
Garden shed
Kitchen/dining: 8.8m x 3.0m
Living room: 3.75m x 3.40m
Bedroom 1: 2.9m x 3.5m
Bedroom 2: 4.35m x 2.90m with walk-in wardrobe 1.9m x 0.9m
Bedroom 3: 3.1m x 2.9m
Bedroom 4: 3.10m x 2.55m
Bathroom: 2.4m x 1.7m
Front garden: 9.5m x 7.5m
Back garden: 9.5m x 5m
Conservatory: 4.5m x 3.9m
Garden shed: 4.87m x 3.04m
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: £415,000
Fixed Share: 55%
Share Value: £228,250
Monthly Rent: £198.48
Service Charge pcm (including buildings insurance): £70.81
Total Monthly Charge: £269.29
Next rental increase: July 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.
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 (90 years)
Service charge
£71 per month
Council tax band
B
Ground rent
£0
Ground rent date of next review
Shared ownership details
Fixed share property - additional shares not currently available
Shared ownership percentage owned
55%
Shared ownership rent
£198 per month