2 bedroom apartment for saleMissouri Drive, Great Sankey
Sold STC £60,000
- 50% Shared Ownership property
- NO CHAIN
- Two Bedrooms
- Current Rent £162.50 Per Month
Shared Ownership is a part-buy, part-rent initiative and is designed for people who can not afford to buy a home at full value on the open market in the area they wish to live.
Due to high property values in many areas, buying your own home has become unaffordable. Shared Ownership therefore has been hailed as the new way of getting on to the property ladder and achieving home ownership.
Through Shared Ownership you buy a share of the property and pay an affordable rent on the remaining share that you do not own. Although you do not own the property outright initially, you enjoy the normal rights of an owner occupier.
You purchase a 50% share and pay rent on the remaining share
CURRENT RENT £162.50
SERVICE CHARGES £14.20
(Rent & service charges subject to confirmation)
After a 12 month period you can buy further shares until you own the property outright. Buying further shares is called ‘Staircasing’.If you are a first time buyer, key worker, divorced or unable to purchase a property at full market value please contacts us as you may be eligible to purchase this property on a Shared Ownership Scheme.
Property ref: 121_1285_3836863
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