The Warren

Studio - 3 bedroom homes in The Warren, Hurst Green, Wokingham, BB2 7BF

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £115,000 for 50% share
Full price from £230,000
Bedrooms Studio -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

The Warren is a charming development of 31 characterful new homes, set in one of the Ribble Valley’s most picturesque villages.

The development offers the opportunity to reside in a luxurious new home that perfectly complements its sought after country village setting with breathtaking views out towards Pendle Hill and glorious countryside all around. It’s the ideal base from which to fully enjoy all the delights the Ribble Valley has to offer, whether its walks along the Tolkien Trail, fine dining at Michelin starred Northcote or mountain biking through Gisburn Forest.

A range of stylish and spacious homes are available suited to a broad range of homebuyers, including 2 bedroom bungalows, 3 bedroom semi-detached homes, 2 and 3 bedroom terraced homes and 4 and 5 bedroom family homes.

Architectural details and build materials have been chosen so as to complement neighbouring housing and ensure this new arrival blends perfectly into it’s attractive setting.

Status Plot No. Floor Beds Min share price Eligibility
Available Bungalow 713 2 £130,000 View details
Available Mews 904 3 £145,000 View details

FAQ's

Min share price from: £130,000 for a 50% share
Full price from: £260,000
Monthly rent from: £298
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £130,000 for a 50% share to £145,000 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.
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.

The Warren

Studio - 3 bedroom homes in The Warren, Hurst Green, Wokingham, BB2 7BF

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £115,000 for 50% share
Full price from £230,000
Bedrooms Studio -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