Millers Court

2 bedroom homes in Millers Court, Ormskirk, West Lancashire, L39 4XF

Tenure Shared ownership
What is Shared ownership?
Availability Available
Min share price from £77,000 for 70% share
Full price from £81,000
Min deposit from £4,050
Monthly rent from TBC
Service charge from £55
Bedrooms 2
Bathrooms 1
Parking 1
Wheelchair accessibility No
Pets TBC
Energy efficiency rating C

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

** 70% Shared Ownership - Over 55's ** This two bedroom first floor apartment enjoys a corner position within the popular Millers Court Development, Ormskirk. Ideally positioned for the town centre and with its own front door and parking space, this truly is a great opportunity for those looking to downsize. The accommodation includes, lounge, kitchen, two bedrooms and shower room, stairlift and benefits from gas central heating and double glazing.

Local area information

This is located in Ormskirk.

Illustration by: James Halsall

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Millers Court

2 bedroom homes in Millers Court, Ormskirk, West Lancashire, L39 4XF

Tenure Shared ownership
What is Shared ownership?
Availability Available
Min share price from £77,000 for 70% share
Full price from £81,000
Min deposit from £4,050
Monthly rent from TBC
Service charge from £55
Bedrooms 2
Bathrooms 1
Parking 1
Wheelchair accessibility No
Pets TBC
Energy efficiency rating C

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