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)

Fabrick, 1-2 bed homes


Warren Road, Cheadle, Stockport, SK8 5BB

Shared ownership

Starting prices

100% share from
£135,000
Full price
£135,000
Minimum deposit
£6,750

Overview

Affordability

With Help to Buy available, owner occupiers can purchase at Fabrick with a deposit of just 5% topped up by a 20% Government Equity Loan. With prices starting at £135,000 that’s a deposit of just £6,750, with no Stamp Duty to pay if you’re a first-time buyer:

Purchase price: £135,000

5% deposit: £6,750

Help to Buy loan: £27,000

Mortgage: £101,250

Approx. repayments: £410 (subject to mortgage terms)

 

The Development

Fabrick is a new 184 one and two bedroom apartment development available through Shared Ownership.

  • Multi award-winning developer
  • Best-in-class specification
  • Engineered hardwood flooring in kitchen/ living areas
  • White gloss soft-close kitchen units with granite worktops
  • Integrated Bosch appliances; designer bathrooms
  • Nest Learning thermostats
  • 1GB Hyperoptic broadband

Residents also enjoy access to a club lounge and stunning roof top terrace with far-reaching views.

 

Homemaker - We Build the Space, You Make It a Home

We know how much of a strain on the finances buying a home can be. You have to raise a deposit, then there’s solicitors fees and removal costs to consider. All this can leave you out of pocket.

We’re offering buyers our Homemaker furniture contribution to help you to transform your apartment into a home. We’ll even take care of delivery and installation so you don’t have to!


Local area information

With its quaint village appearance and cosmopolitan vibe, Cheadle Hulme is just eight miles from Manchester City Centre and five miles from Manchester Airport. There are a variety of local restaurants such as the ever-popular Gusto and great pubs such as The John Millington and Chiverton Tap. Platform 5 is a trendy coffee house come bar next to the train station and there is a John Lewis, Waitrose and Morrisons to satisfy food and homeware needs.

Located on Warren Road, Fabrick sits just two minutes’ walk from Cheadle Hulme station for a 16-minute train journey to Manchester Piccadilly and Stockport six minutes. The new £800m Airport City Manchester development (Manchester Airport) is just 10 minutes’ drive and the intu Trafford Centre, the UK’s third largest shopping centre, 20 minutes, for the best shopping in the North West.

For more developments available through Help to Buy and Shared Ownership in Manchester, view our list of properties.


Plot availability

Plot number 1.16
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number 1.18
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number 1.19
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number 1.20
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number 1.21
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number 1.22
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number G.06
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number G.06
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number G.07
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number G.08
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £135,000
Full market price £135,000
Monthly service charge £30
Plot number 1.01
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £137,500
Full market price £137,500
Monthly service charge £30
Plot number 1.02
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £137,500
Full market price £137,500
Monthly service charge £30
Plot number 1.03
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £137,500
Full market price £137,500
Monthly service charge £30
Plot number 1.04
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £137,500
Full market price £137,500
Monthly service charge £30
Plot number 1.09
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £137,500
Full market price £137,500
Monthly service charge £30
Plot number 1.12
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £137,500
Full market price £137,500
Monthly service charge £30
Plot number 1.06
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £138,500
Full market price £138,500
Monthly service charge £30
Plot number 1.14
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £139,500
Full market price £139,500
Monthly service charge £30
Plot number G.24
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £139,500
Full market price £139,500
Monthly service charge £30
Plot number G.26
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £139,500
Full market price £139,500
Monthly service charge £30
Plot number G.247
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £139,500
Full market price £139,500
Monthly service charge £30
Plot number G.29
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £139,500
Full market price £139,500
Monthly service charge £30
Plot number 1.24
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £142,500
Full market price £142,500
Monthly service charge £30
Plot number 1.25
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £142,500
Full market price £142,500
Monthly service charge £30
Plot number 1.27
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £142,500
Full market price £142,500
Monthly service charge £30
Plot number 1.30
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £199,000
Full market price £199,000
Monthly service charge £30
Plot number G.30
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £199,000
Full market price £199,000
Monthly service charge £115
Plot number 1.23
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 100%
Minimum share price £210,000
Full market price £210,000
Monthly service charge £115

FAQ's

Min share price from: £135,000 for a 100% share
Full price from: £135,000
Minimum deposit from: £6,750
Bedrooms: 1
Bathrooms: 1

There are 28 available ranging from £135,000 for a 100% share to £210,000 for a 100% 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

Inspired Homes
Shared ownership

Starting prices

100% share from
£135,000
Full price
£135,000
Minimum deposit
£6,750