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)

Valley Rise, 3 bed homes


Crawcrook Lane, Ryton, Gateshead, NE40 3SN

Shared ownership

Starting prices

25% share from
£39,000
Full price
£156,000
Minimum deposit
£1,950

Overview

Now Available! We are proud to offer a range of 3 bedroom homes at this exclusive Taylor Wimpey development, Valley Rise in Crawcrook!
 

Contact our Sales Team today to find our more!

Register your interest.

 


Local area information

Situated in the village of Crawcrook in Gateshead, Valley Rise provides an excellent range of 2, 3 & 4 bedroom homes in a choice of designs to suit all lifestyles.

Perched at the top of the Tyne Valley, the development has fantastic views across the area & benefits from a host of nearby local amenities.

With a rich history in mining, the village of Crawcrook is ideally located with excellent commuting links into Northumberland, as well as Gateshead, Newcastle City Centre & further afield via the A1.

The local high street, is ideal for nearby amenities, as are the neighbouring villages of Ryton, Greenside & Blaydon which lead to the popular Metro Centre for some retail therapy.

Nestled at the foot of the Tyne Valley is the beautiful Close House stately home which features the enviable greens of its golf course - rated amongst the top 100 in the world.


Plot availability

Plot number The Dadford
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £39,000
Full market price £156,000
Monthly rent TBC
Ownership Leasehold

As part of our Shared Ownership scheme, this home is available to purchase from a 25% share of £39,000 and a deposit as little as £1,950!

Shared Ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. Thirteen own 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 and you can also carry on buying shares to own your home 100%!

You can learn more about our Shared Ownership scheme here.

Situated in the village of Crawcrook in Gateshead, Valley Rise provides an excellent range of 2, 3 & 4 bedroom homes in a choice of designs to suit all lifestyles.

Perched at the top of the Tyne Valley, the development has fantastic views across the area & benefits from a host of nearby local amenities.

With a rich history in mining, the village of Crawcrook is ideally located with excellent commuting links into Northumberland, as well as Gateshead, Newcastle City Centre & further afield via the A1.

The local high street, is ideal for nearby amenities, as are the neighbouring villages of Ryton, Greenside & Blaydon which lead to the popular Metro Centre for some retail therapy.

Nestled at the foot of the Tyne Valley is the beautiful Close House stately home which features the enviable greens of its golf course - rated amongst the top 100 in the world.

This 3 bedroom semi-detached home is perfect for those looking to get onto the housing ladder and is suitable for singles, couples and families a like.

The Dadford features: 

  • Spacious entry hallway
  • Fitted kitchen
  • Open plan living/dining area
  • French doors that open into rear garden
  • Downstairs WC
  • Under stairs storage cupboard
  • Two double bedrooms
  • Generously sized single bedroom
  • Family bathroom

Estimated monthly finances on a Dadford:

  • 25% share: £39,000
  • 5% deposit: £1,950
  • Total rent (pcm): TBC

*Please note photography shown is for illustration purposes. Share offered is dependant on individual financial situation and may differ from those shown. 5% typical deposit required by mortgage lender, when mortgage is required. Actual deposit may vary based on lender and personal circumstances. 


FAQ's

Min share price from: £39,000 for a 25% share
Full price from: £156,000
Minimum deposit from: £1,950
Bedrooms: 3
Bathrooms: 2

There is only one available priced at £39,000 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

Thirteen
Shared ownership

Starting prices

25% share from
£39,000
Full price
£156,000
Minimum deposit
£1,950