Radcliffe Street, Royton, OL2 5PT

The Place is a contemporary collection of newly built 2- & 3-bedroom homes in Royton with excellent road and rail links.

The Place is a contemporary collection of newly built 2- and 3-bedroom homes with excellent transport links bringing Manchester into commuting range, creating a superb opportunity to combine the appeal of a small, mature community with an exceptionally strategic location.
The Place gives residents an exceptional number of beautiful resources on the doorstep and further afield, for outdoor lovers Royton has several public parks with the most notable being Tandle Hill which is Oldham's oldest country park with over 100 acres of parkland with mature beech trees, mixed woodland and grassland, there are views across the Manchester Plain and the Pennine Hills. You don't have to walk far to access Royton Park which has a wide range of facilities to suit all ages.

The Gables
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3-bedroom homes available for Shared Ownership.

SHARED OWNERSHIP

Stepping into your new home is one of the best and most exciting achievements in your life and Shared Ownership makes that ambition possible. You initially purchase a part share in a home through a mortgage and savings. You only need to buy as much as you can afford, usually a minimum of 35%-40% and up to a maximum of 75%, and you pay a subsidised rent to us on the share that you don't own. The great thing about Shared Ownership is that you can buy a larger share of the property whenever you can afford it. The more you own, the less rent you pay. What's more, you can get started with a smaller deposit, because its calculated on the value of the share you buy. Shared Ownership provides you with the perfect opportunity to get your feet onto the property ladder. Even though you are only purchasing a share, it will definitely feel like your home since you are free to decorate and personalise it to your own taste.
Below we've listed some of the main qualifying criteria around your eligibility:

* Your household income is £80,000 a year or less
* You cannot afford all the deposit and mortgage payments for a home that meets your needs
* You're a first-time buyer or * You used to own a home, but cannot afford to buy one now or
* You own a home and want to move but cannot afford a new home suitable for your needs or * You're forming a new household - for example, after a relationship breakdown or
* You're an existing shared owner and want to move

This house is available to be purchased through Shared Ownership and below are some sample figures and available shares. Other combinations are available to suit your needs.

Full Marker Value £315,000
Estate charge at £4.42 and building insurance at £30.87 is payable per calendar month.


30% share at £94,500, Shared Ownership rent £505.31 pcm
40% share at £126,000, Shared Ownership rent £433.13 pcm
50% share at £157,500, Shared Ownership rent £360.94 pcm
60% share at £189,000, Shared Ownership rent £288.75 pcm
70% share at £220,500, Shared Ownership rent at £216.56 pcm
75% share at £236,250, Shared Ownership rent at £180.47pcm

All homes at The Place are built to a high specification with contemporary living in mind. Light, spacious rooms are complemented by eye catching stylish bathroom designs and kitchen/diners equipped with convenient fitted units throughout - including a stainless-steel oven, gas hob and extractor hood.

Call/email to book a viewing.