Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Chadwick Gardens, 2-3 bed homes


Chadwick Gardens, Preston, Fylde, PR3 0ZQ

Shared ownership

Starting prices

50% share from
£59,975
Full price
£119,950
Minimum deposit
£2,999
Monthly rent
£137

Overview

Chadwick Gardens , Eccleston is made up of 2 and 3 bedroom apartments / houses now available on part buy - part rent. 


Local area information

Chadwick Gardens is a small exclusive development of 2 & 3 bedroom family homes, situated in a desirable semi-rural location in the picturesque village of Little Eccleston, on the southern banks of the River Wyre.
The neighbouring village of Great Eccleston, which is within walking distance of the development, offers three public houses, a choice of places to eat, village store and post office and a bustling traditional market held weekly along with a popular monthly farmers market.
Chadwick Gardens is conveniently located being just a few miles from the M55 which provides residents with swift access to Blackpool, Kirkham, Preston, Garstang, Lancaster and the North West motorway network.


Plot availability

Plot number Oakmere - 2 bed
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £47,980
Full market price £119,950
Ownership Leasehold

These stylish apartments are an ideal choice for first-time buyers or young professionals wishing to get on the property ladder.

Constructed to the highest specifications, these apartments are built with practicality in mind and include large lounge/dining, adjoining kitchen, two good sized bedrooms and three piece bathroom.

Service charge outlined on this portal is heylo’s admin and building insurance fee. Estate and Service charge fees (if applicable) are available from the sales team on site.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots please speak to a sales advisor for more information**

Features:

  • Luxury Fitted Kitchen
  • Stainless Steel Single Electric Oven/4 Ring Gas Hob with Silver Glass Splashback and Extractor Hood
  • Roca Sanitaryware in White
  • Gas Central Heating with High Efficiency Boiler and Panel Radiators

FAQ's

Min share price from: £47,980 for a 40% share
Full price from: £119,950
Minimum deposit from: £2,999
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £47,980 for a 40% 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.

Housing Provider

Heylo Housing
Shared ownership

Starting prices

50% share from
£59,975
Full price
£119,950
Minimum deposit
£2,999
Monthly rent
£137