North Ridge Close, Tyldesley, Greater Manchester, M29 8RR

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this three-bedroom mid-terrace shared ownership resale home in Tyldesley, Greater Manchester. The price shown represents purchasing a 60% share of the property, based on a full market value of £260,000.

Property overview

This well-proportioned three-bedroom mid-terrace house offers practical and comfortable accommodation across two floors, making it an ideal choice for first-time buyers, couples and growing families.

The property extends to approximately 65 sq m (698 sq ft) and benefits from a spacious lounge, separate kitchen, three bedrooms, a family bathroom, an en-suite shower room and a convenient ground-floor Wc.

Upon entering the property, the entrance hallway provides access to the kitchen, ground-floor Wc and staircase leading to the first floor.

The kitchen measures approximately 1.78m x 2.71m (5'10” x 8'11”) and offers a practical arrangement of worktop and storage space, with room for essential kitchen appliances. A window provides natural light, creating a pleasant space for everyday cooking.

To the rear of the property, the lounge measures approximately 3.60m x 3.76m (11'10” x 12'4”). This generously sized room provides ample space for comfortable seating and additional furniture, making it ideal for relaxing or entertaining. French doors provide natural light and direct access to the outside.

A convenient ground-floor Wc completes the downstairs accommodation.

Upstairs, the first-floor landing provides access to three bedrooms and the family bathroom.

The principal bedroom measures approximately 2.79m x 3.04m (9'2” x 10'0”) and offers comfortable accommodation for a double bed and bedroom furniture. The room also benefits from its own en-suite shower room, measuring approximately 1.81m x 2.07m (5'11” x 6'9”).

Bedroom two measures approximately 2.80m x 2.84m (9'2” x 9'4”) and provides flexible accommodation suitable for a bedroom, guest room or home office.

The third bedroom measures approximately 1.84m x 3.21m (6'0” x 10'6”) and would be well suited as a child's bedroom, nursery or dedicated workspace.

The family bathroom measures approximately 1.78m x 1.55m (5'10” x 5'1”) and includes a bath, wash basin and Wc.

With three bedrooms, two bathrooms, separate living and kitchen accommodation and a ground-floor Wc, this property offers an excellent opportunity for buyers looking for an affordable home in a convenient Greater Manchester location.

Financial breakdown

• Full Market Value: £260,000
• 60% Share Value: £156,000
• Rent on Unowned Share: £261.62 per month
• Service Charge: £0.00 per month
• Estate Charge: £20.73 per month
• Buildings Insurance: £20.88 per month
• Management Fee: £31.44 per month
• Reserve Fund Payment: £0.00
• Total Monthly Payment (excluding rent): £73.06
• Total Monthly Payment (including rent): £334.68
• Lease Length: Approximately 121 years remaining
• Tenure: Leasehold

Larger shares may also be available, subject to affordability assessment.

For example, purchasing a 70% share would cost £182,000, with monthly rent of £196.30, while purchasing a 75% share would cost £195,000, with monthly rent of £163.58.

The rent is reviewed annually in accordance with the lease, using the Retail Price Index (Rpi) plus 0.5%.

All financial information is based on the property's Key Information Document and should be confirmed before proceeding with a purchase.

Local area

North Ridge Close is situated in Tyldesley, a popular residential town within the Metropolitan Borough of Wigan, Greater Manchester. The area offers a convenient location with access to local amenities, schools, transport connections and surrounding green spaces.

Tyldesley town centre provides a range of everyday facilities, including supermarkets, independent shops, cafés, restaurants and local services.

The area is well suited to families, with a selection of primary and secondary schools nearby, alongside parks, leisure facilities and recreational opportunities.

For those who enjoy spending time outdoors, the surrounding area offers access to several green spaces and countryside walking routes. Nearby Astley and the wider Wigan borough provide additional opportunities for walking, cycling and exploring the local countryside.

The neighbouring towns of Atherton and Leigh offer further shopping, dining and leisure facilities, while Manchester city centre provides a wider selection of employment opportunities, entertainment venues and cultural attractions.

For commuters, Tyldesley benefits from access to the A580 East Lancashire Road, providing connections towards Manchester and Liverpool. The nearby M61 and M60 motorways also offer convenient access to the wider North West.

Public transport connections include the Leigh-Salford-Manchester Busway, providing services towards Manchester city centre and surrounding areas. Rail services are available from nearby Atherton station, offering connections towards Manchester and Wigan.

With its combination of local amenities, transport connections and access to Greater Manchester's employment centres, Tyldesley offers an attractive location for a wide range of buyers.

What is Shared Ownership?

Shared Ownership offers you the chance to buy a share of your home (usually between 25% and 75%) and pay rent on the remaining share. Later on, you could buy more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Eligibility criteria

To be eligible for a home here you'll need to:

• Have a combined household income under £80,000 per annum
• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

About Highlight Housing

Highlight Housing, The Affordable Homes Agency, specialises in the sale and letting of affordable homes across the UK.

Working in partnership with Legal & General Affordable Homes, we help customers understand their options and guide them through the Shared Ownership process, from initial enquiry through to completion.

Shared Ownership disclaimer

Shared Ownership eligibility criteria applies. Images are indicative only. Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our sales consultants.