Thirty-Six Avebury Avenue
What is Shared Ownership?
|Minimum share price||£108,500|
|Full market price||£310,000|
|Monthly service charge||£130|
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.
Fully fitted kitchen units
Grey wood effect worktops
Oven, hood, and hob with splashback
White tiling in bathroom
Novilon Aquagrip flooring in kitchen and bathroom
Carpets in lounge, bedrooms, and hallway
BT and Sky+ points
Parking to all units
Predicted energy efficiency rating B