£22,500

3 bed semi-detached house for sale
Hall Road, Outwell PE14

    • 3 beds

    • 1 bath

  • New home
  • Shared ownership
  • Leasehold

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Hastoe Housing - Resale Properties

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About this property

  • Private garden

This home is an ideal opportunity to get on to the property ladder with Hastoe. This property 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.

Property features:
Allocated parking
Private garden
Fitted kitchen
Double glazing
Downstairs WC
Air source heat pump
Restricted to 80% maximum ownership

Plot 7- Three-bedroom house
Full market price: £225,000
Minimum share: 10%
Share value: £22,500
Monthly rent: £464.06
Estimated service charge: £59.00 (including buildings insurance)

Purchase Requirements:
Be eligible for the shared ownership scheme.
Demonstrate you meet the minimum surplus income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.

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.

To apply, please contact the sales team on or email

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 (990 years)

  • Service charge

    £59 per month

  • Council tax band

    New build - council tax to be determined

  • Ground rent

  • Ground rent date of next review

See all recent sales in PE14

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.