Property photos
Shared ownership
Leasehold
£213,750
3 bed detached house for sale
Lancaster Lane, Saffron Walden CB113 beds
1 bath
Key Information
Tenure:
Leasehold (112 years)
Service charge:
£46 per month
Council tax band:
D
Ground rent:
£0
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- St Thomas More Catholic Primary School, Saffron Walden 0.2 miles
- R A Butler Infant School 0.3 miles
- Audley End 2 miles
- Newport (Essex) 3 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 three bedroom 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= C79
Term remaining on lease: 112 years
Property features:
Driveway parking
Private garden
Fitted kitchen
Gas central heating
Double glazing
Over-bath shower
Downstairs WC
Kitchen: 2.38m x 3.2m
Living room: 5m x 3.59m
Dining room: 4.38m x 2.3m
Bathroom: 1.99m x 2.17m
Bedroom 1: 4.65m x 2.45m
Bedroom 2: 4.4m x 2.45m
Bedroom 3: 3.78m x 2.23m
Garden: 7.97m x 9.22m
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: £427,500
Minimum Share: 50%
Share Value: £213,750
Monthly Rent: £457.44
Service Charge pcm (including buildings insurance): £45.52
Total Monthly Charge: £502.96
Next rental increase: April 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 r
EPC= C79
Term remaining on lease: 112 years
Property features:
Driveway parking
Private garden
Fitted kitchen
Gas central heating
Double glazing
Over-bath shower
Downstairs WC
Kitchen: 2.38m x 3.2m
Living room: 5m x 3.59m
Dining room: 4.38m x 2.3m
Bathroom: 1.99m x 2.17m
Bedroom 1: 4.65m x 2.45m
Bedroom 2: 4.4m x 2.45m
Bedroom 3: 3.78m x 2.23m
Garden: 7.97m x 9.22m
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: £427,500
Minimum Share: 50%
Share Value: £213,750
Monthly Rent: £457.44
Service Charge pcm (including buildings insurance): £45.52
Total Monthly Charge: £502.96
Next rental increase: April 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 r
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Listed by
Hastoe Housing - Resale Properties
See development infoProperty 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.