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)

Woodland Mews , 3 bed homes


Manor Way, Peterlee, Durham County, SR8 5RJ

Shared ownership

Starting prices

25% share from
£40,000
Full price
£160,000
Minimum deposit
£2,000

Overview

Now released! We have a range of 3 bedroom homes available at this exclusive Keepmoat Development in Peterlee for Shared Ownership!

 


Local area information

With so much close to home, and all within walking distance, if you’re looking for convenient modern living, this location ticks all the boxes. You’re just a few minute’s walk from all the amenities of Peterlee. The local supermarkets, including a large Asda and Aldi are just 12 minute’s walk or 2 minutes by
car. Castle Dene Shopping Centre, with over 80 outlets, is half a mile or just a 10 minute walk away. Here you’ll find a great choice of stores, including Argos, Boots, New Look and more. Plus, there are banks, coffee shops and lots of places to grab a bite to eat, like the local pub, The Five Quarters.

Also, within walking distance is the local Peterlee Leisure Centre. If you love living an active lifestyle, this place is for you. There’s a gym, swimming pool, sports hall and lots of free parking. Nature lovers will also love how close to home the stunning Castle Eden Dene Nature reserve is. A 10 minute walk away, this Site of Special Scientific Interest is a series of deep ravines and is the largest area of semi-natural woodland in the north-east of England. And if you do fancy jumping in the car or on a bus, Durham, Sunderland, Newcastle and Middlesbrough are all easy to get to.

With vibrant cities, stunning coastline, a rich local heritage and areas of outstanding natural beauty on the doorstep, you’ll always have lots of ways to spend your free time. The famous Durham Heritage Coastline is just a mile away and its stunning National Nature Reserve 2.5 miles away. Packed with natural and historical highlights around every headland, it is a great place to explore and enjoy the fresh sea air. The popular coastal town of Seaham is a 15 minute drive away.


Plot availability

Plot number The Larch
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £40,000
Full market price £160,000
Monthly rent TBC
Ownership Leasehold

As part of our Shared Ownership scheme, this home is available to purchase from a 25% share of £40,000 and a deposit as little as £2,000!

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.

With so much close to home, and all within walking distance, if you’re looking for convenient modern living, this location ticks all the boxes. You’re just a few minute’s walk from all the amenities of Peterlee. The local supermarkets, including a large Asda and Aldi are just 12 minute’s walk or 2 minutes by
car. Castle Dene Shopping Centre, with over 80 outlets, is half a mile or just a 10 minute walk away. Here you’ll find a great choice of stores, including Argos, Boots, New Look and more. Plus, there are banks, coffee shops and lots of places to grab a bite to eat, like the local pub, The Five Quarters.

Also, within walking distance is the local Peterlee Leisure Centre. If you love living an active lifestyle, this place is for you. There’s a gym, swimming pool, sports hall and lots of free parking. Nature lovers will also love how close to home the stunning Castle Eden Dene Nature reserve is. A 10 minute walk away, this Site of Special Scientific Interest is a series of deep ravines and is the largest area of semi-natural woodland in the north-east of England. And if you do fancy jumping in the car or on a bus, Durham, Sunderland, Newcastle and Middlesbrough are all easy to get to.

With vibrant cities, stunning coastline, a rich local heritage and areas of outstanding natural beauty on the doorstep, you’ll always have lots of ways to spend your free time. The famous Durham Heritage Coastline is just a mile away and its stunning National Nature Reserve 2.5 miles away. Packed with natural and historical highlights around every headland, it is a great place to explore and enjoy the fresh sea air. The popular coastal town of Seaham is a 15 minute drive away.

This well-connected development is just minutes from the A1086 Coast Road and near the A19 for Sunderland and Middlesbrough. The nearby bus stops
on Yoden Way provide regular services to Durham, Sunderland and the local area.

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

The Larch features: 

  • Spacious entry hallway
  • Modern fitted kitchen
  • Dining area
  • Spacious living room with french doors
  • Downstairs WC
  • Under stairs storage
  • Two double bedrooms
  • Generously sized single bedroom
  • Family bathroom
  • En-suite to master bedroom
  • Further storage space

Estimated monthly finances on The Larch:

  • 25% share: £40,000
  • 5% deposit: £2,000
  • 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. 

Plot number The Mulberry
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £41,250
Full market price £165,000
Monthly rent TBC
Ownership Leasehold

As part of our Shared Ownership scheme, this home is available to purchase from a 25% share of £41,250 and a deposit as little as £2,063!

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.

With so much close to home, and all within walking distance, if you’re looking for convenient modern living, this location ticks all the boxes. You’re just a few minute’s walk from all the amenities of Peterlee. The local supermarkets, including a large Asda and Aldi are just 12 minute’s walk or 2 minutes by
car. Castle Dene Shopping Centre, with over 80 outlets, is half a mile or just a 10 minute walk away. Here you’ll find a great choice of stores, including Argos, Boots, New Look and more. Plus, there are banks, coffee shops and lots of places to grab a bite to eat, like the local pub, The Five Quarters.

Also, within walking distance is the local Peterlee Leisure Centre. If you love living an active lifestyle, this place is for you. There’s a gym, swimming pool, sports hall and lots of free parking. Nature lovers will also love how close to home the stunning Castle Eden Dene Nature reserve is. A 10 minute walk away, this Site of Special Scientific Interest is a series of deep ravines and is the largest area of semi-natural woodland in the north-east of England. And if you do fancy jumping in the car or on a bus, Durham, Sunderland, Newcastle and Middlesbrough are all easy to get to.

With vibrant cities, stunning coastline, a rich local heritage and areas of outstanding natural beauty on the doorstep, you’ll always have lots of ways to spend your free time. The famous Durham Heritage Coastline is just a mile away and its stunning National Nature Reserve 2.5 miles away. Packed with natural and historical highlights around every headland, it is a great place to explore and enjoy the fresh sea air. The popular coastal town of Seaham is a 15 minute drive away.

This well-connected development is just minutes from the A1086 Coast Road and near the A19 for Sunderland and Middlesbrough. The nearby bus stops
on Yoden Way provide regular services to Durham, Sunderland and the local area.

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

The Mulberry features: 

  • Spacious entry hallway
  • Modern fitted kitchen with french doors
  • Dining area
  • Spacious living room with gorgeous bay window
  • Downstairs WC
  • Under stairs storage
  • Two double bedrooms
  • Generously sized single bedroom
  • Family bathroom
  • En-suite to master bedroom
  • Further storage space

Estimated monthly finances on The Mulberry:

  • 25% share: £41,250
  • 5% deposit: £2,063
  • 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. 

Plot number The Sycamore
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £43,000
Full market price £172,000
Monthly rent TBC
Ownership Leasehold

As part of our Shared Ownership scheme, this home is available to purchase from a 25% share of £43,000 and a deposit as little as £2,150!

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.

With so much close to home, and all within walking distance, if you’re looking for convenient modern living, this location ticks all the boxes. You’re just a few minute’s walk from all the amenities of Peterlee. The local supermarkets, including a large Asda and Aldi are just 12 minute’s walk or 2 minutes by
car. Castle Dene Shopping Centre, with over 80 outlets, is half a mile or just a 10 minute walk away. Here you’ll find a great choice of stores, including Argos, Boots, New Look and more. Plus, there are banks, coffee shops and lots of places to grab a bite to eat, like the local pub, The Five Quarters.

Also, within walking distance is the local Peterlee Leisure Centre. If you love living an active lifestyle, this place is for you. There’s a gym, swimming pool, sports hall and lots of free parking. Nature lovers will also love how close to home the stunning Castle Eden Dene Nature reserve is. A 10 minute walk away, this Site of Special Scientific Interest is a series of deep ravines and is the largest area of semi-natural woodland in the north-east of England. And if you do fancy jumping in the car or on a bus, Durham, Sunderland, Newcastle and Middlesbrough are all easy to get to.

With vibrant cities, stunning coastline, a rich local heritage and areas of outstanding natural beauty on the doorstep, you’ll always have lots of ways to spend your free time. The famous Durham Heritage Coastline is just a mile away and its stunning National Nature Reserve 2.5 miles away. Packed with natural and historical highlights around every headland, it is a great place to explore and enjoy the fresh sea air. The popular coastal town of Seaham is a 15 minute drive away.

This well-connected development is just minutes from the A1086 Coast Road and near the A19 for Sunderland and Middlesbrough. The nearby bus stops
on Yoden Way provide regular services to Durham, Sunderland and the local area.

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

The Sycamore features: 

  • Spacious entry hallway
  • Modern fitted kitchen
  • Dining area
  • Spacious living room with french doors
  • Downstairs WC
  • Under stairs storage
  • Two double bedrooms on first floor
  • Spacious lobby area on first floor
  • Amazing double master bedroom on second floor
  • Family bathroom
  • En-suite to master bedroom
  • Further storage space

Estimated monthly finances on The Sycamore:

  • 25% share: £43,000
  • 5% deposit: £2,150
  • 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: £40,000 for a 25% share
Full price from: £160,000
Minimum deposit from: £2,000
Bedrooms: 3
Bathrooms: 2

There are 3 available ranging from £40,000 for a 25% share to £43,000 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
£40,000
Full price
£160,000
Minimum deposit
£2,000