50% Shared Ownership Properties For Sale -
- 50% Shared Ownership
- Early Reservations being taken
- Anticipated Completion
- January 2019
- Brand New
- Twelve 2 Bedroom Apartments
- Limited Off Road Parking Spaces
- £250.00 Reservation Fee
- Call Now to Discuss
The Property Centre are excited to have teamed up with Rooftop Housing Group for the sale of 21 brand new apartments on Black Dog Way. There are nine 1 bedroom properties and twelve 2 bedroom properties. The anticipated build completion date will be January 2019. Early reservations are being taken now.
2 bedroom homes prices start from £77,500 for a 50% share. The monthly rent for the remainder 50% share plus monthly service charge is available on request. There are limited parking spaces available. Reserve first to guarantee a parking space.
Floorplan is an example of 1 bedroom apartment (plot 21)
Shared Ownership is a fantastic opportunity for those who want to get a foot on the property ladder but can't afford to buy a home on the open market. It allows you to buy a share in a brand new leasehold property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. After the initial purchase it is possible to buy further shares and eventually own these properties outright.
We will offer shares for sale normally between 50-75% of the property depending on how much you can afford to purchase and charge rent on the remaining share. The bigger the share you buy, the less rent you have to pay. You will need to be able to raise a mortgage for the share you want to purchase unless you have sufficient money to enable you to do so.
Am I eligible?
Shared Ownership uses the following criteria to help people to get a foot on the housing ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.
RESIDENTIAL SALES - DISCLAIMER NOTICE: Appliances such as radiators, heaters, boilers, fixtures or utilities (gas, water, electricity) which may have been mentioned in these details have not been tested and no guarantee can be given that they are suitable or in working order. We cannot guarantee that building regulations or planning permission has been approved and would recommend that prospective purchasers should make their own independent enquiries on these matters. All measurements are approximate.
RESIDENTIAL LETTINGS – AGENTS NOTE: Please note that additional fees from £300.00 will apply depending on the number of applicants. A calculation will be provided prior to payment of any holding fee. Further details can be found at www.thepropertycentres.co.uk/fees.