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)

Pavilion Point, 2 bed homes


Broadleaf Road, Liverpool, Liverpool City, L19 0AA

Shared ownership

Starting prices

40% share from
£58,000
Full price
£145,000
Minimum deposit
£2,900
Monthly rent
£199

Overview

Pavilion Point, a new development of exclusive two-bedroom apartments near the vibrant Liverpool suburb of Aigburth. Designed and built with modern living in mind, Pavilion Point marries high specification with a beautiful location. Apartments at Pavilion Point are available to buy through shared ownership, making home ownership in the popular Aigburth area more affordable and
accessible. The award-winning Redwing sales team are able to assist with shared ownership eligibility queries, questions about the development, and to help you start the journey to owning your new home at Pavilion Point.

A development of just 14 homes, Pavilion Point is the perfect boutique retreat from city life. Each apartment is finished to a high specification, from comfort and technology to efficiency and security. With four apartment types available, you can choose the ideal layout that works for you.


Local area information

Just a few minutes away is Sefton Park or visit to the Grade II listed Palm House. The Park hosts a range of events throughout the year. If bars and restaurants are more your thing, then the eclectic Lark Lane is a hidden gem, with a lively and bustling vibe both day and night. From bohemian wine bars to Eastern cuisine and Neapolitan pizza, 'the Lane' is a heaven for foodies and socialites. For avid shoppers, Liverpool City Centre is just a few steps away on the Mersey rail Northern Line, where you can enjoy Liverpool ONE, the Metquarter, and more. Closer to home, New Mersey Shopping Park offers a range of fashion and homeware stores alongside a new Super screen Cineworld cinema.

Located in Aigburth and Garston, Pavilion Point is perfectly situated near the heart of Liverpool. Cressington station is just moments away, offering connections to the city centre. Easily accessible by road, the M57 and M62 are a short drive away. As well as commuting links, the development boasts easy access to a range of local schools with Good or Outstanding OFSTED ratings.


Plot availability

Plot number 1
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £58,000
Full market price £145,000
Ownership Leasehold
Plot number 3
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £63,980
Full market price £159,950
Ownership Leasehold
Plot number 4
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £63,980
Full market price £159,950
Ownership Leasehold
Plot number 5
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £63,980
Full market price £159,950
Ownership Leasehold
Plot number 8
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 40%
Minimum share price £66,000
Full market price £165,000
Ownership Leasehold

FAQ's

Min share price from: £58,000 for a 40% share
Full price from: £145,000
Minimum deposit from: £2,900
Bedrooms: 2
Bathrooms: 2

There are 5 available ranging from £58,000 for a 40% share to £66,000 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

Redwing
Shared ownership

Starting prices

40% share from
£58,000
Full price
£145,000
Minimum deposit
£2,900
Monthly rent
£199