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)

Potters Warren, 2-4 bed homes


Wetherden Road, Elmswell, Mid Suffolk, IP30 9DG

Videos, 3D tours


Shared ownership

Starting prices

35% share from
£119,000
Full price
£415,000
Minimum deposit
£5,513
Monthly rent
£469
Monthly service charge
£60

Overview

Reserve for just £125* – offer available until 31st October 2020

Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.

*Fee reduced from £500. Offer available until 31st October 2020 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

 

About Potters Warren

Available Now – two, three and four bedroom houses are available to buy with Clarion Housing through the Shared Ownership scheme.

Just ONE two bedroom house remains in the current release of homes. 

The show home is an example of a three bedroom house on offer at Potters Warren and is definitely worth a view. Take a 3D walkthrough; please copy and paste the link below into your browser:

https://roundme.com/tour/556317/view/1819421

For further details contact Clarion Housing’s customer service team, who will be able to advise on the current situation with regards to viewings.

Potters Warren, built by Crest Nicholson, is close to amenities and surrounded by open space in a semi-rural, village location. You can reach Elmswell station within 10-15 minutes. The area is well-connected on the Cambridge line.

An ideal opportunity for young and growing families and for those commuting to and between London/Cambridge/Ipswich.

- Two to four bedroom houses with parking
- Approx. a 14 minute walk to Elmswell station – direct trains to Bury St Edmunds, Ipswich and Cambridge
- Situated just north of the A14
- Semi-rural location with links to nearby towns and London
- Minimum of one parking space per home, most houses benefit from two allocated parking spaces

To register your interest or for any other enquiries please contact the Customer Service Team – Sales 

Please note:

All images displayed throughout are indicative only and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.


Local area information

Homes are set in a semi-rural, village location surrounded by open space.  Potters Warren is also close to amenities. You can reach Elmswell station within 10-15 minutes. The area is well-connected on the Cambridge line.


Plot availability

Plot number 208
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £110,250
Full market price £315,000
Monthly rent £469
Monthly service charge £60
Ownership Leasehold
Plot number 209
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £110,250
Full market price £315,000
Monthly rent £469
Monthly service charge £60
Ownership Leasehold
Plot number 204
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £110,250
Full market price £315,000
Monthly rent £469
Monthly service charge £60
Ownership Leasehold
Plot number 201
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £119,000
Full market price £340,000
Monthly rent £506
Monthly service charge £60
Ownership Leasehold
Plot number 202
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £119,000
Full market price £340,000
Monthly rent £506
Monthly service charge £60
Ownership Leasehold
Plot number 198
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £95,000
Full market price £380,000
Monthly rent £653
Monthly service charge £60
Ownership Leasehold
Plot number 227
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £100,000
Full market price £400,000
Monthly rent £688
Monthly service charge £60
Ownership Leasehold

FAQ's

Min share price from: £110,250 for a 35% share
Full price from: £315,000
Minimum deposit from: £5,513
Monthly rent from: £469
Bedrooms: 3
Bathrooms: 1

There are 7 available ranging from £110,250 for a 35% share to £100,000 for a 25% 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

Clarion
Shared ownership

Starting prices

35% share from
£119,000
Full price
£415,000
Minimum deposit
£5,513
Monthly rent
£469
Monthly service charge
£60