Mayfair Gardens, off Mayfair Avenue, Radcliffe
A new development of 8 two bedroom contemporary homes - all sold
Prices starting from £43,750 (35% share).
A brand new development of eight 2 bedroom contemporary homes with gardens and parking, located at the edge of Radcliffe close to a wide range of amenities and public transport routes. These properties are being built by Bury Council and are available to purchase on a shared ownership basis.
All homes benefit from superb eco features including energy efficient boilers and double-glazing, making them inexpensive to heat and maintain. Each home features a fully fitted modern kitchen with integrated stainless steel oven, ceramic hob with extractor hood and glass splash-back and an integrated fridge freezer, as well as a stylish, contemporary bathroom. There are landscaped front gardens and turfed gardens to the rear and 2 allocated parking spaces.
This development is located off Mayfair Avenue in Radcliffe and the postcode is M26 3WE.
Shared ownership details
These properties are offered for sale on a shared ownership basis.
Shared ownership is a part-buy, part-rent scheme. It is supported by the Government and gives people the opportunity to buy a share in a new property and pay a reduced rent on the remaining share.
This means that buyers will need a smaller mortgage and deposit (minimum 5% subject to lender requirements) than they would need if they were buying the property outright. They will also have the option to buy more shares as and when they can afford to. Monthly costs are usually lower than renting the same home privately.
Eligible applicants may purchase a 35%, 50% or 75% share of the property, depending upon their financial circumstances.
Who is eligible?
In order to be eligible, applicants must meet the following criteria at the time of sale:
- not own any other residential property (applications from home owners will be accepted if they can demonstrate that they are in the process of selling their current home)
- agree to use the property as their own/main home throughout ownership and it cannot be rented out
- not have a household income of more than £80,000 per annum.
Please contact Plumlife to register your interest on 0161 447 5050 or, e-mail firstname.lastname@example.org.