Shared Ownership in Hereford, Herefordshire 2 bedroom Flat

  • £156,000

    Equity share: 50% / £78,000

United Kingdom, England, Herefordshire, HR2 6SH, Hereford, Hereford
For Sale Shared Ownership

Shared Ownership in Hereford, Herefordshire 2 bedroom Flat

United Kingdom, England, Herefordshire, HR2 6SH, Hereford, Hereford
  • £156,000

    Equity share: 50% / £78,000

Property Overview

  • Flat
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Property Description

We are pleased to bring to the market this 2 bedroom Flat Shared Ownership. It is situated in Hereford, Herefordshire and is available now.


Flat 8 Stable Drive, Hereford

Quiet area close to local amenities, hairdresser, shops, post office, schools and parks.

The property is also on a bus route and within walking distance to town.

This is a quiet neighbourhood with good size double bedrooms and an electric entry system for security.



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 Lynn Jaiteh

Seller Contact Details: Email: Tel: 07527390754

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, (£29,084) and minimum deposit (£6,400) for this property.

The property also has section 106 requirements, please read these prior to applying: You must be resident in Herefordshire and have been for the last 12 months.

A member of the household must be contracted to work in Herefordshire for at least 16 hours a week.

Where a member of the household proposes to move to Herefordshire they must have accepted a contract to work 16 hours a week more.

Where a member of the household is required to move to provide or receive support from ancestors, adult children or siblings who currently reside in Herefordshire where that person has a proven need to receive support.

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.

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

As this property is a flat, please note that as a result of building safety regulations, some lenders are requiring certain properties to have a completed EWS1 form. An EWS1 (External Wall System) form provides independent assurance that your building meets the requirements of the Government’s latest standards.

Unfortunately, we have seen that some lenders may still wish to request this information even though it is not a legal requirement. Stonewater do not have an EWS1 in place for all buildings and should a mortgage lender require this, any purchase may be impacted. If an EWS1 is requested, whether one is required or not, Stonewater are committed to providing as much information as possible to satisfy a lenders request for an EWS1. We suggest you speak with a financial advisor before proceeding.

Further information about EWS1 and Stonewater’s position can be found at

‘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, Herefordshire, HR2 6SH, Hereford, Hereford
  • City Hereford
  • County Herefordshire
  • Postal Code HR2 6SH


Updated on January 29, 2024 at 8:15 pm
  • Property ID: MS-118147
  • Rental Amount Per Month: £282/Month
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Flat
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 74.75
  • Value Of The Equity Share: 50% / £78,000
  • Overall Property Value: £156,000
  • Tenure: Leasehold

Contact Stonewater Homes Resales about: Shared Ownership in Hereford, Herefordshire 2 bedroom Flat

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