Bishops Mead

Plot: 32

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Minimum share 40%
Minimum share price £110,000
Full market price £275,000
Monthly rent £378
Monthly service charge £22
Plot 32
Floor N/A
Beds 2
Bathrooms 1

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.

Housing Provider

Overview

Ground Floor

At the front of the property, there is an open plan kitchen/dining room, as well as a WC and stairs off the hallway. At the rear, there is a living room with a door that opens up onto the garden.

First Floor

At the top of the stairs, there is a family bathroom off the landing, with one bedroom at the front of the property and one at the back.

Outside

This property has two allocated parking spaces, and a fully enclosed rear garden.
 

*While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change.


**Buyers will need to have a local connection to the Wiltshire Council Area (living working or have immediate family in Wiltshire).

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.

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes