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11 Wildewood Rise

Shared ownership

Sherborne DT9 5FZ, Sherborne, dt9 5fz

For sale
Shared ownership
Photo of 11 Wildewood Rise
Live from space album cover

from

£112,000

with min. deposit

£5,600

40% Share from
£112,000
Full market price
£280,000
Minimum deposit
£5,600
Monthly rent
£364
Monthly service charge
£0

2 bedroom semi-detached house

To be eligible for this property you must have a local connection to West Dorset.

 

ENTRANCE 3.59M X 1.10M

Entry to this home is through the UPVC front door. The hallway features a W/C and carpet flooring.
The entrance hall is also home to the carpeted stairs that will take you to the first floor where you will find the airing cupboard and loft access.

LIVING/DINING ROOM 5.15M X 4.05M

The good-sized living/dining room has carpet flooring, one UPVC window and underfloor heating. There is also a telephone point, and a TV aerial point.
The living/dining room provides access to the rear garden.

KITCHEN 1.40M X 2.20M

The kitchen features laminate …

Features

Allocated parking

Off street parking

Back Garden

Enclosed Garden

Private Garden

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors2
Entrance floorGround floor
Tenureleasehold
Lease years123

from

£112,000

with min. deposit

£5,600

40% Share from
£112,000
Full market price
£280,000
Minimum deposit
£5,600
Monthly rent
£364
Monthly service charge
£0
Aster

Aster

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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