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Flat 9 1 Alexandra Road

Flat 9 1 Alexandra Road, Manchester, M16 7BU

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£77,500 for a 50% share with Shared Ownership

  • Allocated parking
  • Balcony
  • Lift access
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Key features

  • Third Floor Apartment
  • Private Balcony
  • Allocated Parking
  • Close to City Centre
  • Two Bedrooms
  • Open Plan Kitchen Diner
  • Plenty of Storage
  • Sold as a 50% Share

Property Details

Plumlife Move bring to the market this well presented two bedroom third floor apartment, located close to Manchester City centre.. Being sold as a 50% share, the accommodation comprises of an entrance hall, open plan lounge/kitchen, two bedrooms and a bathroom, with a storage room. The property further benefits from allocated parking and a private balcony. Viewings are highly recommended to see what this property can offer you. Rent and service charge £512.89 PCM. Lease 76 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

Manchester is a major city in North West England known for key areas like Ancoats, Didsbury, and the City Centre. It serves as the bustling core of the wider Greater Manchester county. The city is notable for its architecture, musical exports, links to media, links to science and engineering, sports clubs and its transport connections.

Specification

Kitchen / Living Room – 22’8” x 15’8”

Bedroom One – 11’6” x 9’6”

Bedroom Two – 11’7” x 7’1”

Bathroom – 7’1” x 8’5”

Storage Room – 7’1” x 3’3”

 

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

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Monthly Rental Costs:

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Share Value

Mortgage amount

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