£42,000 /Sale price

This cosy one bedroom first floor flat is available to purchase using Older Persons Shared Ownership at 70% of the total value. The accommodation comprises of entrance stairway, kitchen, reception room, main bedroom and family bathroom. Outside benefits from communal gardens and allocated car parking. Prospective purchasers must be 55+ 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.