Birch Hill Gardens

1 - 3 bedroom homes in Oakhurst Drive, Rochdale, Rochdale, OL12 9QA

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £46,498 for 50% share
Full price from £92,995
Min deposit from TBC
Monthly rent from TBC
Service charge from TBC
Bedrooms 1-3
Bathrooms 1 - 2
Parking 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Nestled amongst the foothills of the beautiful South Pennines is one of Persimmon Homes’ most exciting projects to date - the sympathetic
restoration and conversion of the old Birch Hill Hospital and Clock Tower into a range of stunning apartments and townhouses, available through shared ownership in Manchester.

Originally opened as a workhouse by the Mayor of Rochdale in 1877, the historic buildings and clock tower have been an iconic landmark in Rochdale ever since. Offering luxury living in a privileged setting, the scheme is set to become one of Rochdale’s most exclusive and desirable addresses - creating a sought-after development of carefully converted mews homes and individually designed apartments.

Local area information

Birch Hill Gardens also offers superb opportunities for those who love the great outdoors. With an abundance of countryside, woodland and lakes on the doorstep, there are plenty of options nearby for residents to explore. Be sure to visit Watergrove Reservoir, perfect for walkers and dog owners, and the beautiful Hollingworth Lake area of Littleborough is just 3 miles away, with the lake bank easily accessible from the development. With stunning woodland to walk through and enjoy, the lake is a great place to visit and even hosts its very own sailing club, together with a range of watersports.

Close to commuter routes Not to be overlooked by its stunning surroundings, Rochdale town centre has much to offer with its rich heritage, including the original Co-op shop at the Pioneers’ Museum. It’s also easily accessible, with the striking new Transport Interchange and the Metrolink providing great public transport.

Status Plot No. Floor Beds Min share price Eligibility
Available 2 bed 2 2 £74,498 View details

FAQ's

Min share price from: £74,498 for a 50% share
Full price from: £148,995
Bedrooms: 2
Bathrooms: 2

There is only one available priced at £74,498 for a 50% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Birch Hill Gardens

1 - 3 bedroom homes in Oakhurst Drive, Rochdale, Rochdale, OL12 9QA

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £46,498 for 50% share
Full price from £92,995
Min deposit from TBC
Monthly rent from TBC
Service charge from TBC
Bedrooms 1-3
Bathrooms 1 - 2
Parking 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes