For Sale in Cheadle Hulme, Greater Manchester

Older Persons Shared Ownership in Cheadle Hulme, Greater Manchester 1 bedroom ground floor flat available for £70,000 – 70% share

7 Albert Mews, Albert Road, Greater Manchester SK8 5DB

Albert Mews offers housing available to purchase on a shared ownership basis for people over the age of 55 and is located in Stockport, Manchester.

1 bedroom, two person, ground floor apartment
Property is available on a shared ownership basis – 70% share for £73,500 FMV: £105,000

Albert Mews consists of two beautiful, period style buildings, converted into 18, one bedroom apartments for residents aged 55 and over.  They are ideally located within walking distance to all shops and bus routes, providing easy access to Stockport, with the train station also nearby.  There are lifts within the buildings, beautifully maintained gardens and off road parking.

Eligibility

• You are eligible if you have a household income that is less than £80,000 per year (in London it is less than £90,000).
• You don’t have to get a massive deposit because you will only need a mortgage for the share you are buying.
• The share of a property typically starts at 25% which you can take out a mortgage for, although the amount of share available to buy will be dependent on the housing provider.
• In addition you be required to pay a reduced rent as well as a mortgage.

Property listed on MovingSoon.co.uk by Johnnie Johnson Housing - Sales.

Please make sure you include a contact number and email address as well as quoting Property ID (#93145) when submitting your enquiry.