1/5
£65,000
This superb modern home is available to buy from as little as £65,000 with a 25% 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 £90,000.
• 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.
Nestled within a sought-after residential enclave, this beautifully presented ground-floor apartment offers a superb blend of contemporary living and effortless style. Step through the entrance into a welcoming hallway that leads into a bright, open-plan living space. The generous reception and kitchen area creates a seamless environment for both day-to-day living and entertaining, complete with modern fixtures and plenty of natural light.
The home features a comfortable double bedroom, thoughtfully positioned to ensure privacy and tranquillity. The well-appointed bathroom is finished to a high standard, complimented by practical storage and a sense of calm throughout. Every space has been designed with both comfort and convenience in mind, making this property ideal for first-time buyers, professionals, or anyone looking to downsize without compromising on quality.
Externally, the development enjoys an established neighbourhood setting with easy access to local shops, cafés, and green spaces. Residents benefit from excellent transport connections, with frequent bus services and nearby rail links providing direct routes into central stations and key commuter hubs. Whether you’re heading into the city for work or exploring the wider area at weekends, this location supports an active and well-connected lifestyle.
PRICING & AFFORDABILITY
Full Market Value: £260,000
25% Share Price: £65,000 (rent £446.88 pcm)
Minimum 5% Mortgage Deposit (25% share): £3,250
Approximate Service Charges: £215.10 pcm*
Lease: 990 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