2 bed terraced bungalow for sale

Drury Close, Onehouse, Stowmarket IP14

Summary
Plot 90 - Stunning mid-terraced bungalow with high specification throughout and generous living spaces! Shared ownership with off road parking, enclosed garden and on the peaceful & popular Hopkins Homes development.

Description
Flagship Homes are proud to present a range of bungalows for shared ownership purchase at Mill Grove, Stowmarket, built in partnership with Hopkins Homes. With the first property coming soon in early 2026.

Being the largest town in the Mid-Suffolk district, Stowmarket offers a vast range of local amenities including a unique blend of national and independent retailers in the town together with two supermarkets, a choice of pubs, restaurants and local cafes.

How Does It Work?
Depending on how much you can afford to pay, you'll buy an initial share in a home, and then pay rent for the remaining share. The minimum initial share you’d need to pay will vary depending on the type of scheme. Here at Flagship, we have varying scheme types. Some are grant funded, where the minimum initial share is 10%. For those that aren't, it’s 25%. For both scheme types, the maximum initial purchase is then 75%. Your sales advisor can let you know the scheme of the home you’re interested in.

On the majority of homes, you can then increase your share all the way to 100% meaning you’d own your home outright, this is called staircasing, sometimes however full staircasing is not possible.

Eligibility
Our criteria for eligibility are based on the following points:

• Your gross household income must be less than £80,000 per year
• You must have funds available to cover legal/mortgage fees and a deposit, which is usually between 5% and 10% of the share value
• You do not own or have a mortgage on any other property
• You meet the income criteria for the development/property you are interested in
• Your income isn’t sufficient to purchase a suitable property outright
• If self-employed, you will need two ‘years’ audited accounts
• Any County Court Judgment made against you has been satisfied
• You must hold a British or EU passport, or your passport should be stamped with either ‘indefinite right to ‘enter’ or ‘right to ‘abode’
• The property you’re looking for will be your main residence

Agents Note
*Please note dressed photos maybe of an alternative show home/plot from the development and CGI's are for illustration only, For plot specific details please speak to our sales representative. All measurements and floorplans shown and are approximate and given as a guide only.

Prior to your application being considered applicants will need to pass an affordability check. Once your application has been approved, you'll need to put down a reservation fee to secure the property. This fee is refundable until the solicitors have been instructed.

You'll need to provide evidence of your income, savings, any credit agreements, loans and an Agreement in Principle from a bank, building society or mortgage adviser. You will also have to provide 2 forms of id.

The actual postcode for this home will be: IP14 1FZ
EPC - pea - B


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.