Walbridge Way
- Shared ownership!
- Private turfed rear garden
- Floor covering throughout
- Pv panels
- Two allocated parking spaces
- Nhbc warranty
- Years remaining: 0 years
- Current ground rent: Contact branch
- Ground rent review period: Contact branch
- Annual service charge: Contact branch
- Ground rent increase: Contact branch
Council Tax Band: TBC
Tenure: Leasehold
Address - 144 Walbridge Way, Bridport, DT6 5FU
Open market - £375,000
45% share- £168,750
Rent - £472.66
Service charge - £25.20
Foundry Lea is a practical and appealing choice for those who are looking to get on the property ladder. GET IN TOUCH TODAY!
Location
Foundry Lea is a brand-new development located on the edge of Bridport, a charming market town in West Dorset. This welcoming community offers the best of both worlds – peaceful countryside living with all the essentials close by. In Bridport town centre, approximately two miles away, you’ll find a selection of independent shops, cafes, pubs and restaurants, along with supermarkets such as Waitrose, Lidl and Morrisons. Families will appreciate the nearby schools, such as Symondsbury CE Primary School, which is within walking distance. Foundry Lea benefits from excellent transport connections, with easy access to the A35, making it simple to get around Dorset and beyond. The development is just 10 minutes from the stunning Jurassic Coast, offering beautiful beaches and scenic walks. Foundry Lea offers modern homes in a fantastic location, combining comfort, convenience, and natural beauty.About Magna
Magna Housing is a medium-sized, independent housing company which works with local communities to help people solve their housing problems and make their housing dreams come true, overwhelmingly in the counties of Dorset and Somerset.What Is Shared Ownership?
You buy an initial share in your new homes - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment. Then, if your financial circumstances change, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.It does not mean that you have to share your home with anyone! Not just for first time buyers!
Eligibility
You are not eligible to apply if you:-Already own a home, or
-Are selling your current home but it is not yet under offer (sold subject to contract).
Basic shared ownership criteria:
-You cannot afford to buy a similar home on the open market.
-You do not have any County Court Judgements (CCJs) against you.
-Your household income does not exceed £80,000.
-You can afford the mortgage and deposit for the share you wish to purchase, or you have enough equity to buy the share.
-You do not own another property (if you do, it must be sold before completing on the shared ownership home).
Please Note
We will endeavour to use the photographs and virtual tours of the actual property but may also show pictures/videos of the showhome, other plots on the development and/or computer generated images. Floorplan images may be handed. Reservation fee applies.Utility supply:
- Electric Ask agent
- Water Ask agent
- Heating Ask agent
- Broadband Ask agent
- Sewerage Ask agent
Rights and restrictions:
- Private rights of way Ask agent
- Public rights of way Ask agent
- Listed property Ask agent
- Restrictions Ask agent
Risks:
- Flooded in last 5 years Ask agent
- Flood defences Ask agent
- Source of flood Ask agent
Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.