* Leasehold
New plots released! Reserve now!
Shared ownership Three bedroom semi - detached home available to purchase from a
40% share at £87, 400 with a minimum deposit of £4, 370. Full market value
£218, 500. Call today for more information on this stunning home!
Legal and General Affordable Homes are delighted to bring to the market this
well thought out, double - fronted property briefly comprises homely lounge to
one side and kitchen/diner to the other. From here, you can access the private
rear garden. There is also a WC completing the ground floor. To the first
floor, a charming master bedroom complete with wardrobe space, two further
bedrooms and modern family bathroom. Externally, the property offers ample
off - road parking with electric vehicle charging point.
Financial Breakdown:
Full market value: £218, 500
40% share value: £87, 400
5% deposit: £4, 370
Rent charged on un - owned share: 2. 75%
Rent on un - owned share (60%) £300
Estimated monthly service charge: £56. 11
Cottam offers a great choice of shops, great bars and restaurants and you'll
also be just a few miles from Preston city centre. With lots of green open
space around the development and close to the Lancaster Canal, it is the ideal
place to buy your new family home.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers
you the chance to buy a share of your home (between 40% and 75%) and pay rent
on the remaining share. Later on, you could buy bigger shares when you can
afford to and, if you chose, own the property outright. Monthly costs to
purchase via Shared Ownership are generally less than purchasing outright or
renting, making it a fantastic option to get onto the housing ladder.
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these
homes for sale on a Shared Ownership basis. We are creating communities to
live, grow and flourish and are committed to removing the stress and anxiety
associated with moving house, whilst delivering customer satisfaction and
quality new homes.
*Please note, images used are for illustrative purposes only. Please speak with our advisors to discuss specification and finishes

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