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)

Pennington Wharf, 3 bed homes


Pennington Wharf, Leigh, Wigan, WN7 4QD

Shared ownership

Starting prices

50% share from
£95,498
Full price
£190,995
Minimum deposit
£4,775
Monthly rent
£219

Overview

Pennington Wharf, Leigh is made up of three bedroom houses and two bedroom apartments now available on part buy - part rent.


Local area information

Offering a superb range of 3 bedroom homes tailored to suit any lifestyle and with the beautiful Leeds and Liverpool Canal running right by the development, Pennington Wharf is the ideal location for a new home.
Situated close to Leigh, our hugely popular Pennington Wharf development is close to a range of amenities including supermarkets, shops and a choice of schools. The existing development has already seen the construction of the stunning Diamond Jubilee Marina, as well as the impressive marina apartments & commercial area.
*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*


Plot availability

Plot number Gosford
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 50%
Minimum share price £96,998
Full market price £193,995
Ownership Leasehold

The Gosford is a 3 bedroom home which will appeal to growing families or couples looking for extra space.

 

The entrance hallway leads to a generous lounge which overlooks the front of the home. The spacious kitchen with dining area features French doors opening to the rear garden. 

 

Upstairs, the master bedroom has an en-suite shower room and there are two further bedrooms as well as a stylish family bathroom.

  • 3-bed home
  • Open plan kitchen/diner
  • Rear garden
  • Cloakroom
  • Ensuite to the master
  • Symphony kitchen/Zanussi integrated stainless steel single oven/electric hob/stainless steel splash-back and Zanussi chimney hood
  • Integrated eco-bin
  • Mains pressure hot water system/tribune cylinder
  • Mains operated smoke alarms to hallways
  • CO alarm

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** 


FAQ's

Min share price from: £96,998 for a 50% share
Full price from: £193,995
Minimum deposit from: £4,775
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £96,998 for a 50% 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
£95,498
Full price
£190,995
Minimum deposit
£4,775
Monthly rent
£219