£56,000 /Sale price

This well presented one bedroom fourth floor flat is available to purchase using Shared Ownership at 40% of the total value. The accommodation comprises an open plan kitchen/dining/reception room, main bedroom and a family bathroom. Outside benefits from communal areas. Shared Ownership is another way to get started on the property ladder. You buy a percentage of a property and pay rent on the rest. We own part of it - but you're living there; you can decorate it and decide when to sell. Buying a share may mean you need a lower mortgage and deposit than purchasing a property outright. Shared Ownership can be a cost-effective way to start the property ladder and is ideal for first-time buyers. In addition, Shared Ownership may work out less per month than renting privately. You can buy a home through the shared ownership scheme if you cannot afford all the deposit and mortgage payments for a home that meets your needs. The maximum household income is £80,000.