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Overview

This two bedroom, mid-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.

Properties

EPC= C79

Term remaining on lease: 108 years


Measurements

    • Kitchen
    • 2.84m x 1.75m
    • Living room
    • 4.7m x 3.8m
    • Conservatory
    • 2.54m x 1.71m
    • Bathroom
    • 2.0m x 1.73m
    • Bedroom 1
    • 3.8m x 2.9m
    • Bedroom 2
    • 3.8m x 2.65m
    • Garden
    • 5.10m x 4.30m

Full Market Price: £230,000

Minimum Share: 40%

Share Value: £92,000

Monthly Rent: £207.95

Service Charge PCM (including buildings insurance): £8.21

Total Monthly Charge: £216.16

Next rental increase: August 2021

Two parking spaces
Conservatory
Private fenced garden
Gas central heating
Double glazing
Downstairs WC
Over bath shower
Ability to own 100%

Location

22 Cedar Road
Charlton Down
Dorchester
DT2 9UL

Specification

Kitchen: 2.84m x 1.75m
Modern kitchen including wine storage
Under counter fridge & freezer

Living room: 4.7m x 3.8m
Access to conservatory & garden
Laminate flooring

Conservatory: 2.54m x 1.71m

Bathroom: 2.0m x 1.73m
Over bath electric shower

Bedroom 1: 3.8m x 2.9m
Built in mirrored wardrobe

Bedroom 2: 3.8m x 2.65m
Built in mirrored wardrobe

Garden: approximately 5.10m x 4.30m
Shed
Garden arch over back gate

Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Be registered with your Help to Buy agent

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.

 

If you eventually own your home outright, you’ll no longer pay rent, but may continue to pay a service charge.

 

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.

 

Prices & Availability

Market Price
%Share - Type required percentage in box below
Share price
Rent(pcm)
Service Charge (PCM) including buildings insurance
Availability
Floorplan
230000
£NaN
£NaN
£8.21
Under Offer

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