Property Details

Plot 6&8 Michael Road

£36,000 for 40%
Scheme: Shared Ownership
Developer: Together Homes
Development: Michael Road
2 2
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or Call Together Homes on 08450770027


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About this Property

Property Features:

The listed price is for a 40% share of this home using the popular Shared Ownership scheme. Shares are available from 25% to 75% (depending on affordability). Includes a back garden, off road parking, close to local amenities and great transport links.

Property Overview:

Ideal home for First Time Buyers - Ready to move into

This 2 bedroom house is available to buy now on a shared ownership basis. You could take that first step on the property ladder with a 40% share costing just £36,000. With kitchen appliances already installed and carpets (or vinyl) throughout, you could move straight into your new home.

The property comprises a Living Room, Dining Kitchen, downstairs Cloakroom, two double Bedrooms and a family Bathroom. There is a door leading from the Dining Kitchen onto a patio area, with an enclosed garden beyond. At the front of the house there is off road parking.

Shared ownership enables you to buy a share in your new home and pay a subsidised rent on the remaining share. It does not mean that you have to share your home with anyone else. The monthly cost of owning a shared ownership home usually works out less than buying the home outright and in many cases the monthly costs are less than renting privately.  

Buying a 40% share in this house would only cost you £36,000, but shares are available from 25% to 75% (depending on affordability). Once you have purchased a share you will have the option to purchase further shares up to 100%. The higher the share you own, the lower your rent will be - until you own 100%, when there will be no rent to pay.

For more details, please call Together Homes on 0845 077 0027.
 

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