Rose Gardens

2 - 3 bedroom homes in Rose Gardens, Clitheroe, Ribble Valley, BB7 1FF

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £77,749 for 50% share
Full price from £155,498
Min deposit from £1,944
Monthly rent from £178
Bedrooms 2-3
Bathrooms 1

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

Rose Gardens , Clitheroe is made up of 2 and 3 bedroom houses now available on part buy - part rent. 

Local area information

Clitheroe enjoys the glorious surroundings of the Ribble Valley and easy access to a wide range of attractions and amenities. This ancient market town dates back to Saxon times and Clitheroe Castle, said to be the smallest Norman castle in England, is now home to a Museum and 16 acres of landscaped gardens which offer attractions to appeal to every age group. They include a bandstand, children’s playground, skatepark and Lancashire’s first Labyrinth.
The Rose Garden also features quirky metal and limestone sculptures.

Status Plot No. Floor Beds Min share price Eligibility
Available Woodrush House 3 £91,497 View details
Available Meilot House 2 £92,000 View details
Available Marigold First 1 £29,613 View details

FAQ's

Min share price from: £91,497 for a 50% share
Full price from: £182,993
Minimum deposit from: £1,944
Monthly rent from: £210
Bedrooms: 3
Bathrooms: 1

There are 3 available ranging from £91,497 for a 50% share to £29,613 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.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Rose Gardens

2 - 3 bedroom homes in Rose Gardens, Clitheroe, Ribble Valley, BB7 1FF

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £77,749 for 50% share
Full price from £155,498
Min deposit from £1,944
Monthly rent from £178
Bedrooms 2-3
Bathrooms 1

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