Shared Ownership in Bridport, Dorset 2 bedroom Terraced House

  • £240,000

    Equity share: 67% / £160,800

United Kingdom, England, Dorset, DT6 5QS, Bridport, Salway Ash
For Sale Shared Ownership

Shared Ownership in Bridport, Dorset 2 bedroom Terraced House

United Kingdom, England, Dorset, DT6 5QS, Bridport, Salway Ash
  • £240,000

    Equity share: 67% / £160,800

Property Overview

  • Terraced House
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Property Description

We are pleased to bring to the market this 2 bedroom Terraced House Shared Ownership. It is situated in Bridport, Dorset and is available now.

6 Pitchers, Salwayash

This a 2 bedroom end terrace house that consist of lounge, Kitchen/ Diner, 2 good sized double bedroom and 1 bathroom with a bath and electric shower over the bath

1.Modern Kitchen/Diner

2.Wood burning stove in living room

3.Newly installed bathroom suite

4.New windows and doors

5.2 allocated parking spaces

6.South/west facing landscaped garden and large garden shed with electricity

7.Active village hall with park and playing field

8.Great local school

9.Friendly community

 

Viewings

The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Seller Name: Mrs and Mr Hyde

Seller Contact Details: 07593084645 or 07967112902 dphyde17@gmail.com

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, to be eligible for shared ownership you will need to evidence:

• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household – for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs

Please take note of the minimum income, £34,405 which is based on the minimum deposit £10,539 for this property. If you are placing a larger deposit, the minimum income will reduce. Always check with us if you are unsure whether you can afford the property.

If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish. You will also be required to complete a Stonewater application form. Further information on the financial assessment and application form will be provided.

Please let us know if you need any further information and good luck with your viewing.

Please note, the majority of our shared ownership homes undergo a rent review in April 2024. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.

Property Address

Open on Google Maps
  • Address United Kingdom, England, Dorset, DT6 5QS, Bridport, Salway Ash
  • City Bridport
  • County Dorset
  • Postal Code DT6 5QS

Details

Updated on April 26, 2024 at 11:57 am
  • Property ID: MS-124510
  • Rental Amount Per Month: £928/Month
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Terraced House
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 26.8
  • Value Of The Equity Share: 67% / £160,800
  • Overall Property Value: £240,000
  • Tenure: Leasehold
  • Council Tax Band: B

Contact Stonewater Homes Resales about: Shared Ownership in Bridport, Dorset 2 bedroom Terraced House

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