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22 Newlyn Avenue

22 Newlyn Avenue, Macclesfield, SK10 3PN

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£130,000 for a 50% share with Shared Ownership

  • Back Garden
  • Driveway
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Key features

  • Quiet Cul de Sac location
  • Off Road Parking
  • Close to Macclesfield Town Centre
  • South West facing garden
  • Large living room
  • Dining Kitchen
  • Three bedrooms
  • Offered as a 50% share

Property Details

Plumlife Move bring to the market this well presented, three-bedroom semi-detached property, offered on a 50% Shared ownership scheme. Located on a quite Cul de sac 5 minutes outside of Macclesfield town centre, the property is perfectly situated close to local amenities including schools and transport. The ground floor comprises; entrance, living room, kitchen diner. To the first floor there is three ample sized bedrooms, and a family bathroom. Externally the property benefits from a driveway, and to the rear a larger than average southwest facing garden. Viewing is highly advised to appreciate what this property can offer! Lease approx. 146 years remaining, rent, service charge, ground rent & insurance £327.57 PCM.

 

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

Macclesfield is a historic market town in Cheshire, England, sitting 16 miles south of Manchester on the edge of the Peak District National Park. Known as the “Silk Town” for its rich textile heritage, it has a population of nearly 60,000 and blends rural charm with great commuter links.

Specification

Ground Floor

Entrance

Living Room – 11’1” x 15 ‘ 9’’

Kitchen – 14’2” x 8’6”

First Floor

Bedroom 1 – 7’9” x 13’9”

Bedroom 2 – 7’9” x 10’5”

Bedroom 3 – 6’1” x 10’4”

Bathroom – 6” x 5’9”

 

 

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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Total monthly costs:

Share Value

Mortgage amount

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