Tenure: Leasehold
This two bedroom home is perfect for those looking to get onto the housing ladder and is suitable for singles and couples.
As part of our Shared Ownership scheme, this home is available to purchase from a 25% share!
Shared Ownership means is you can step onto the housing ladder and move into your dream home faster and easier, with a small mortgage…and an even smaller deposit!
The share purchase price is calculated using the full market value and the percentage share purchased. If you buy a 25% share, the share purchase price will be £43,750 and the rent will be £300.78 a month. If you buy a larger share, you'll pay less rent.
The table below shows further examples. Share, Share Purchase Price, Monthly rent
25% £43,750 £300.78
50% £87,500 £200.52
75% £131,250 £100.26
The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.
EPC rating: B. Council tax band: B, Tenure: Leasehold, Service charge description: Please see Key information about the home for requirements and costs. , % Share being sold: 25, Additional liabilities or obligations: Please see Key information about the home for requirements and costs. ,