25 Albion Road, Leyland, PR26 7BQ
View Map£72,500 for a 25% 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.
In Leyland, residents are spoiled for choice with an abundance of things to do and enjoy. The local area offers an array of parks and green spaces, such as Worden Park, providing the perfect setting for leisurely walks, picnics and outdoor activities. Additionally, there is a diverse selection of shops, from charming boutiques to well-known retail chains in the centre of Leyland, located less than 8 minutes away from the site. Here you can also find a variety of restaurants, bars, cafes and pubs, offering a wide range of cuisines to satisfy every palate. For families with children, there are a number of ‘Good’ and ‘Outstanding’ rated schools in the vicinity, providing peace of mind for parents seeking quality education options for their little ones. With its superb transport links and top-rated schools, the local area of Centurion Village offers both practicality and excellent opportunities for residents of all ages.
Ground Floor
Entrance Hall
Lounge/Diner – Metres: 4.7 x 5.0 Feet: 15.4 x 16.4
Kitchen – Metres: 2.5 x 4.2 Feet: 8.2 x 13.7
Downstairs WC – Metres: 0.9 x 1.8 Feet: 2.9 x 5.9
First Floor
Second Bedroom – Metres: 2.6 x 4.5 Feet: 8.5 x 14.7
Third Bedroom – Metres: 2.6 x 3.8 Feet: 8.5 x 12.4
Fourth Bedroom – Metres: 2.0 x 2.8 Feet: 6.5 x 9.1
Family Bathroom – Metres: 2.0 x 2.1 Feet: 6.5 x 6.8
Second Floor
Fourth Bedroom – Metres: 2.0 x 2.8 Feet: 6.5 x 9.1
Ensuite Shower Room – Metres: 2.0 x 2.5 Feet: 6.5 x 8
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.
