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45 Water Mill Avenue

45 Water Mill Avenue, Chadderton, OL9 9FZ

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£105,000 for a 35% share with Shared Ownership

  • Semi Detached Property
  • Three Bedrooms
  • Sold As A 35% Share
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Key features

  • Semi Detached Property
  • Three Bedrooms
  • Downstairs WC
  • Lounge/Dining Area
  • Kitchen
  • Bathroom
  • Parking & Garden
  • Sold As A 35% Share

Property Details

A well presented semi detached property, located on this popular development, close to Chadderton. Being sold as a 35% share, the accommodation comprises of an entrance hall, downstairs WC, lounge and an open plan dining kitchen. To the first floor there are three good sized bedrooms and a family bathroom. Externally there is a driveway providing off parking for two cars, with side access to the rear garden and patio area. Rent, service/management charge and insurance £502.63 PCM. Lease 120 years.

What is Shared Ownership?
Shared Ownership lets you buy a share of your home and pay a rent on the rest. It’s designed to make the property ladder more affordable without needing a huge deposit or a large mortgage. Once you’ve bought your share, you’re a homeowner and that means you can decorate, personalise and properly settle in, it’s your space, no-one else’s.

You’re not dealing with short rental agreements, unexpected rent hikes or the worry of being asked to move out. It gives you the stability and freedom that renting often can’t offer and because you’re only buying a portion of the home to start with, it’s a fantastic step into home ownership.

If your circumstances change in the future, you also have the option to buy more of your home over time. There’s no pressure to do so, just the flexibility to increase your share when it suits you.

Keen to learn more about Shared Ownership & Plumlife Homes, check out our Guide to Shared Ownership in the documents section of this listing or contact us directly. 

Local Area

Chadderton is a popular, family-friendly residential town in Oldham, Greater Manchester. Located 6 miles northeast of Manchester and 1 mile west of Oldham. Chadderton boasts excellent transport links, including the Metrolink and regular bus services. The area is known for its strong community feel, with local amenities like Foxdenton Park.

Specification

Ground Floor 
 

Entrance Hall 5′ 7” x 4′ 7” (1.70m x 1.40m)
 

Lounge 15′ 8” x 12′ 3” (4.77m x 3.73m)
 

Dining Kitchen 16′ 0” x 13′ 10” (4.87m x 4.21m)
 

First Floor 
 

Landing 
 

Bedroom One 15′ 7” x 9′ 8” (4.75m x 2.94m)
 

Bedroom Two 13′ 2” x 8′ 4” (4.01m x 2.54m)
 

Bedroom Three 11′ 9” x 7′ 7” (3.58m x 2.31m)
 

Bathroom 8′ 6” x 6′ 6” (2.59m x 1.98m)
 

External 
 

 

Affordability Calculator

Work out the typical monthly costs of buying a Shared Ownership home using our handy affordability calculator. Simply input the value of the property you are interested in, select a share percentage, complete the remaining details, and the calculator will provide you with an example of what you can expect to pay on a monthly basis.

Please note, these figures are applicable to new build homes only and not resale properties.

*The deposit is set to 5% of the share price

Years

Results

Monthly Mortgage Costs:

Monthly Rental Costs:

Total monthly costs:

Share Value

Mortgage amount

* Other fees not shown in calculations ** This a guide only, not actual mortgage advice.