51 Burrfields Road, Chapel-En-Le-Frith, SK23 0JW
View Map£145,750 for a 55% 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.
Chapel-en-le-Frith is a charming town located in Derbyshire. The town has a rich history dating back to the 13th century and is home to several notable landmarks such as St. Thomas Becket Church and the Old Market Hall. One of Chapel-en-le-Frith’s main attractions is its picturesque setting within the Peak District National Park, where you can take advantage of numerous hiking trails that offer stunning views of the surrounding hills and valleys. Additionally, there are several quaint shops and cafes in the town center where visitors can relax and soak up the local atmosphere.
Ground Floor
Entrance Hall
10′ 5” x 3′ 3” (3.17m x 0.99m)
Downstairs WC
5′ 7” x 3′ 0” (1.70m x 0.91m)
Lounge/Dining Area
19′ 8” x 13′ 4” (5.99m x 4.06m)
Kitchen
9′ 6” x 6′ 7” (2.89m x 2.01m)
First Floor
Landing
Bedroom One
13′ 6” x 11′ 10” (4.11m x 3.60m)
Bedroom Two
9′ 7” x 7′ 5” (2.92m x 2.26m)
Bedroom Three
7′ 1” x 5′ 8” (2.16m x 1.73m)
Bathroom
7′ 2” x 5′ 6” (2.18m x 1.68m)
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.
