Property photos
Shared ownership
Leasehold
£130,000
2 bed semi-detached house for sale
Carnation Drive, Saffron Walden CB102 beds
1 bath
Local area information
Property location
Nearby amenities
- R A Butler Infant School 0.5 miles
- R A Butler Junior School 0.5 miles
- Audley End 2.4 miles
- Newport (Essex) 3.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Private garden
- On street/residents parking
- Central heating
- Double glazing
This two 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= C72
Term remaining on lease: 91 years
Property features:
Two allocated parking spaces
Private garden
Fitted kitchen
Gas central heating
Double glazing
Wet room
Kitchen: 2.8m x 2.13m
Living room: 4.6m x 4.06m
Bedroom 1: 4.1m x 2.5m
Bedroom 2: 3.07m x 2.5m
Bathroom: 2.07m x 1.94m
Garden: 8m x 2m
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 eligible for the shared ownership scheme.
Costs:
Full Market Price: £325,000
Minimum Share: 40%
Share Value: £130,000
Monthly Rent: £227.55
Service Charge pcm (including buildings insurance): £20.18
Total Monthly Charge: £247.73
Next rental increase: August 2024
Apply online via the Hastoe sales website
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.
EPC= C72
Term remaining on lease: 91 years
Property features:
Two allocated parking spaces
Private garden
Fitted kitchen
Gas central heating
Double glazing
Wet room
Kitchen: 2.8m x 2.13m
Living room: 4.6m x 4.06m
Bedroom 1: 4.1m x 2.5m
Bedroom 2: 3.07m x 2.5m
Bathroom: 2.07m x 1.94m
Garden: 8m x 2m
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 eligible for the shared ownership scheme.
Costs:
Full Market Price: £325,000
Minimum Share: 40%
Share Value: £130,000
Monthly Rent: £227.55
Service Charge pcm (including buildings insurance): £20.18
Total Monthly Charge: £247.73
Next rental increase: August 2024
Apply online via the Hastoe sales website
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.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Hastoe Housing - Resale Properties
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