3 bed semi-detached house for sale in Shammer Close, King's Lynn PE31, £102,000

102,000.00

Offer Nr.:
65386802
Type of ad:
for Sale
Property type:
3 bed semi-detached house
Bedrooms:
3
Bathrooms:
1
Contact name:
Hastoe Housing - Resale Properties
Phone(s):
020 7768 1214

* Leasehold
* Private garden
* Off street parking
* Central heating
* Double glazing
Property features:
Parking
Private garden
Fitted kitchen
Central heating
Double glazing
Over - bath shower
Downstairs WC
Kitchen: 3. 56m x 3. 80m
Living room: 3. 50m x 5. 10m
Bedroom 1: 3. 80m x 3. 35m
Bedroom 2: 2. 80m x 3. 44m
Bedroom 3: 2. 10m x 2. 44m
Bathroom: 2. 53m x 1. 60m
Garden: 120 ft
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: £255, 000
Minimum Share: 40%
Share Value: £102, 000
Monthly Rent: £240. 43
Service Charge pcm (including buildings insurance): £40. 83
Total Monthly Charge: £281. 26
Next rental increase: April 2024
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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