£247,500
3 bed semi-detached house for saleDalegate Road, Burnham Deepdale PE31
3 beds
1 bath
- Shared ownership
- Leasehold
Hastoe Housing - Resale Properties
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About this property
This three 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= D68
Term remaining on lease: 92 years
Property features:
Allocated parking
Private garden
Fitted kitchen
Downstairs WC
Double glazing
Over-bath shower
Kitchen: 5.40m x 2.78m
Living room 1: 5.08m x 3.90m
Living room 2: 3.75m x 3.36m
Downstairs WC: 1.65m x 1.13m
Bedroom 1: 3.86m x 4.86m
Bedroom 2: 3.28m x 3.58m
Bedroom 3: 5.40m x 2.94m
Bathroom: 1.73m x 2.45m
Garden: 19.53m x 16.46m
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.
Have a local connection to the area.
Costs:
Full Market Price: £450,000
Minimum Share: 55%
Share Value: £247,500
Monthly Rent: £181.12
Service Charge pcm (including buildings insurance): £29.49
Total Monthly Charge: £210.41
Next rental increase: June 2025
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
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.
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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More information
Tenure
Leasehold (92 years)
Service charge
£29 per month
Council tax band
Ground rent
£0
Ground rent date of next review
Shared ownership percentage owned
45%
Shared ownership rent
£181 per month