2 bed semi-detached house for sale

Oak Apple Drive, Stowupland, Stowmarket, Suffolk IP14

Shared ownership two bedroom house available to purchase at a 64% share from £160,000 with a minimum 5% mortgage deposit of £8,000. Call today to arrange your appointment to view.

This beautiful, immaculately presented 2 bedroom semi-detached home has been absolutely adored by the current owner who has taken excellent care of the new build property over the last 3 1/2 years of ownership.

As you enter the home, you'll find yourself in the generous living room with stairs in front of you. To the rear is a small lobby, giving access to the downstairs WC and onwards into the kitchen diner. The kitchen is gorgeous, with a range of high gloss units, integrated appliances, breakfast bar area and patio doors out into the garden. Lvt flooring flows throughout the ground floor, and you'll enjoy all the amenities and features of a newly built home, such as a double glazing, excellent energy efficiency, 6 year new build warranty remaining and immaculate finish.

Upstairs, the landing gives access to the master bedroom and adjoining shower room ensuite, the second double bedroom with storage cupboard and stunning views out to the orchard and open green space.

Example:
Full Market Value: £250,000
64% Share Price: £160,000
Monthly Rates for May 2025:
Rent on un-owned share £258.32 pcm
Lease management fee: £25.02
Insurance: £11.08

*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.

All shared ownership homes are sold as leasehold,
even houses. This is because you only pay for
part of the market value up front, and the landlord
has an interest in the remaining share. If you reach
100% ownership, where possible, for most houses
the freehold will transfer to you, and the shared
ownership lease falls away.

The total rent to pay at the start of the lease is based on the percentage of the remaining share of the market value you did not pay for. If you buy
more shares in your home, the rent will go down.