£104,000
2 bed terraced house for saleRues Farm Road, Felixstowe, Suffolk IP11
2 beds
Just added
Shared ownership
Leasehold
About this property
Two-bedroom mid-terrace house
Rear garden
Parking
Local amenities nearby
Available for 40% share
5% minimum deposit only
Bright and modern two-bedroom mid-terrace house now available in Suffolk, through Shared Ownership.
The property features a spacious reception room, separate kitchen, and a toilet on the ground floor. On the first floor there are two bedrooms and one bathroom.
The property offers residents a spacious rear garden and onsite parking.
So Resi are marketing this property for sale on behalf of the landlord, ReSI Housing Limited.
All enquiries will be initially assessed by So Resi to confirm eligibility. Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.
Information on the criteria and requirements for shared ownership can be found here:
Shared Ownership Eligibility & Affordability Criteria
To process and progress your application, your personal data may be shared with ReSI Housing Limited, Pinnacle Group (the managing agent), and the current shared owner, in accordance with our Privacy Policy.
If you would like a copy of our Privacy Policy, please refer to so Resi Privacy Policy or contact us directly.
Available for £104,000 for 40% share based on the marketing figure of £260,000.
Monthly rent - £475.1
Monthly Service Charge - £48.58
Total Monthly Charge - £523.68 plus mortgage required for 40% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
LocationThe property is situated in a popular residential area of Felixstowe, offering a convenient blend of coastal living and everyday practicality. A range of local amenities, including supermarkets, convenience stores, cafés, healthcare facilities, schools and leisure amenities, are within approximately 5–10 minutes by car, while Felixstowe town centre and seafront provide a wider selection of shops, restaurants and recreational attractions. Residents can also enjoy easy access to nearby parks, open spaces and the Suffolk coastline, making the location ideal for families and those seeking an active outdoor lifestyle.
The property benefits from good transport connections, with Felixstowe railway station reachable in around 5–10 minutes by car and offering regular services linking to Ipswich and the wider rail network. Central London can typically be reached in approximately 2 hours via connections through Ipswich to London Liverpool Street. The area also enjoys convenient road access to Ipswich, the A14 and regional destinations across Suffolk and Essex, making commuting and travel straightforward.
EPC rating
Energy rating band - B
Environmental rating band - B
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
The property features a spacious reception room, separate kitchen, and a toilet on the ground floor. On the first floor there are two bedrooms and one bathroom.
The property offers residents a spacious rear garden and onsite parking.
So Resi are marketing this property for sale on behalf of the landlord, ReSI Housing Limited.
All enquiries will be initially assessed by So Resi to confirm eligibility. Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.
Information on the criteria and requirements for shared ownership can be found here:
Shared Ownership Eligibility & Affordability Criteria
To process and progress your application, your personal data may be shared with ReSI Housing Limited, Pinnacle Group (the managing agent), and the current shared owner, in accordance with our Privacy Policy.
If you would like a copy of our Privacy Policy, please refer to so Resi Privacy Policy or contact us directly.
Available for £104,000 for 40% share based on the marketing figure of £260,000.
Monthly rent - £475.1
Monthly Service Charge - £48.58
Total Monthly Charge - £523.68 plus mortgage required for 40% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
LocationThe property is situated in a popular residential area of Felixstowe, offering a convenient blend of coastal living and everyday practicality. A range of local amenities, including supermarkets, convenience stores, cafés, healthcare facilities, schools and leisure amenities, are within approximately 5–10 minutes by car, while Felixstowe town centre and seafront provide a wider selection of shops, restaurants and recreational attractions. Residents can also enjoy easy access to nearby parks, open spaces and the Suffolk coastline, making the location ideal for families and those seeking an active outdoor lifestyle.
The property benefits from good transport connections, with Felixstowe railway station reachable in around 5–10 minutes by car and offering regular services linking to Ipswich and the wider rail network. Central London can typically be reached in approximately 2 hours via connections through Ipswich to London Liverpool Street. The area also enjoys convenient road access to Ipswich, the A14 and regional destinations across Suffolk and Essex, making commuting and travel straightforward.
EPC rating
Energy rating band - B
Environmental rating band - B
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Mortgage calculator
Monthly repayment
£520 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (246 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%



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