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£144,000
This superb modern home is available to buy from as little as £144,000 with a 40% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £360,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared Ownership
This superb modern home is available to buy from as little as £144,000 with a 40% share!
This attractive detached home sits overlooking an open field on Sowthistle Drive (a cul de sac of just six houses). Thoughtfully designed across two floors, the property combines generous living spaces with practical features, making it ideal for a growing family or anyone seeking comfort and convenience. The ground floor centres around a bright, open-plan kitchen and dining area that overlooks the garden, creating a wonderful space for cooking, entertaining and everyday life. French doors open directly onto the rear garden, allowing plenty of natural light and offering an easy flow between indoors and outdoors. A separate reception room at the front of the home provides a cosy retreat for relaxing, while a utility room and a ground-floor cloakroom add valuable practicality.
Upstairs, the home offers three well-proportioned bedrooms, including a spacious main bedroom with its own en-suite shower room. The additional bedrooms are ideal for children, guests or a dedicated home office, all served by a modern family bathroom.
Outside, the property benefits from an impressive rear garden, offering ample space for outdoor dining, play areas or future landscaping ideas.
Overall, this is a superb opportunity to secure a stylish, detached home in a desirable setting—perfect for those seeking space, comfort and a welcoming environment close to local amenities and transport links.
Sowthistle Drive enjoys a convenient position within a popular residential area of Gloucester, offering easy access to a wide range of local amenities. Nearby, you’ll find well-regarded schools, supermarkets, cafés and everyday services, making the neighbourhood ideal for families and busy professionals alike. Green spaces and leisure facilities are also within easy reach, providing plenty of options for outdoor activities and weekend recreation. Transport links are excellent, with quick access to major routes into Gloucester city centre, Cheltenham and the wider region, as well as nearby motorway connections for effortless commuting. Regular public transport services further enhance connectivity, ensuring everything you need is close at hand.
PRICING & AFFORDABILITY
Full Market Value: £360,000
40% Share Price: £144,000 (rent £524.74 pcm)
Minimum 5% Mortgage Deposit (% share): £7,200
Approximate Service Charges: £55.01 pcm*
Lease: 121 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership