£195,000
3 bed end terrace house for saleGalley Hill View, Bexhill TN40
3 beds
1 bath
- Shared ownership
- Leasehold
Hastoe Housing - Resale Properties
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About this property
This three bedroom end of 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.
EPC= B82
Term remaining on lease: 113 years
Property features:
Driveway parking for two cars
Private garden
Fitted kitchen
Central heating
Double glazing
Over-bath shower
Downstairs WC
Kitchen: 4.6m x 3.2m
Living room: 4.5m x 3.5m
Bathroom: 2.3m x 1.9m
Bedroom 1: 4.6m x 2.8m
Bedroom 2: 4.3m x 2.3m
Bedroom 3: 3m x 2.2m
Garden: 6.5m x 6.4m (extending to 8.8m)
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.
Costs:
Full Market Price: £325,000
Minimum Share: 60%
Share Value: £195,000
Monthly Rent: £350.09
Service Charge pcm (including buildings insurance): £70.75
Total Monthly Charge: £420.84
Next rental increase: April 2026
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.
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.
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More information
Tenure
Leasehold (113 years)
Service charge
£71 per month
Council tax band
Ground rent
£0
Ground rent date of next review
Shared ownership percentage owned
60%
Shared ownership rent
£350 per month