42 Lloyd Wright Avenue, Beswick, M11 3NJ
View Map£150,000 for a 50% share with Shared Ownership
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.
Beswick is an suburb of the city of Manchester, situated in East Manchester. The River Medlock and the Ashton Canal both run through it. It neighbours the larger district of Bradford to the east and the two areas are sometimes referred to as Bradford-with-Beswick. Beswick has been an up and coming area since it hosted the 2002 Commonwealth Games. Beswick’s major landmark is the Cycling Velodrome. There are three good primary Schools in Beswick which are Church of England School of The Resurrection, Ashbury Meadow Community Primary School and St Brigid’s R.C. Primary School. Secondary schools are situated close by in Bradford, Gorton or Openshaw.
Ground Floor
Entrance Porch
Cloakroom/WC
6′ 3” x 2′ 9” (1.90m x 0.84m)
Open Plan Living/Kitchen
25′ 3” x 17′ 0” (7.69m x 5.18m)
Kitchen Area
First Floor
Landing
Bedroom One
10′ 10” x 9′ 9” (3.30m x 2.97m)
En-suite Shower Room
9′ 7” x 3′ 2” (2.92m x 0.96m)
Bedroom Two
10′ 6” x 9′ 9” (3.20m x 2.97m)
Bedroom Three
10′ 10” x 7′ 0” (3.30m x 2.13m)
Bathroom
6′ 9” x 6′ 4” (2.06m x 1.93m)
External
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
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.
