Shared Ownership
This superb modern home is available to buy from as little as £87,500 with a 50% share!
This beautifully presented second floor apartment offers modern, low maintenance living with pleasant open views and a bright, spacious interior. The accommodation comprises a welcoming entrance hallway, leading into a generous open plan kitchen and living area with a Juliet balcony benefiting from picturesque views over the countryside. There are two well proportioned bedrooms and a modern family bathroom.
The apartment benefits from uPVC double glazing and allocated parking, together with well kept communal areas and landscaped surroundings.
Countess Court is located in the popular village of Burscough. The village offers a variety of shops, cafes, and restaurants, along with supermarkets and everyday conveniences. Nearby Burscough Wharf provides a charming waterside setting with independent eateries and leisure opportunities, while open countryside and canal side walks are all within easy reach.
Ideally positioned for commuters, with excellent transport links close by. Burscough Bridge and Burscough Junction railway stations provide regular services to Southport, Preston and Liverpool. Road connections are also convenient, with easy access to the A59 and A565, linking to nearby towns including Ormskirk, Southport and Preston. The motorway network is within comfortable driving distance, providing further connectivity for those travelling further afield.
PRICING & AFFORDABILITY
Full Market Value: £175,000
50% Share Price: £87,500 (rent £230.62pcm)
Minimum 5% Mortgage Deposit (50% share): £4,375
Approximate Service Charges: £86.77pcm*
Lease: 122 years remaining
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
