£225,000
3 bed semi-detached house for sale
Hall Road, Outwell PE143 beds
1 bath
Added on
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key 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
About this property
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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