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Flat 135, The Bridge 55 Deansgate Lane

Flat 135, The Bridge 55 Deansgate Lane, Altrincham, WA14 1SY

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£85,000 for a 50% share with Shared Ownership

  • Second Floor Apartment
  • One Bedroom
  • Sold As A 50% Share

Key features

  • One Bedroom Apartment
  • Second Floor
  • Open Plan Lounge/Kitchen
  • Bathroom
  • Designated Parking
  • Gated Access
  • Canal Side Location
  • Sold As A 50% Share

Property Details

A great opportunity to purchase this well presented one bedroom apartment, located on the second floor, in this popular canal side development. Being sold as a 50% share, the accommodation comprises of a communal entrance with stairs and lift to all floors, private entrance hallway, living room with doors opening to a ‘Juliet’ balcony, fitted kitchen, double bedroom and a modern bathroom suite. Externally there is allocated parking with secure gated access. Internal viewings essential. Rent and service charge £366.66 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

Timperley is a popular, friendly and affluent residential suburb in Trafford. It is known for its strong community spirit, leafy streets and excellent schools. It offers a village feel with easy access to Altrincham and Manchester city centre via Metrolink, making it popular with families and professionals.

Specification

Ground Floor

Communal Entrance

Second Floor

Entrance Hall – 19’3” x 5’7”

Lounge – 14’9” x 11’6”

Kitchen – 11’5” x 6’5”

Bedroom One – 17′ x 10’7”

Bathroom – 12’6” x 8’4”

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:

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Share Value

Mortgage amount

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