18 Oakdale Drive, Whalley, BB7 9FW
View Map£73,500 for a 35% 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.
Whalley is an attractive village, with interesting shops and galleries, where old cottages rub shoulders with Tudor and Georgian buildings along the main street. Whalley is famous for its church and Abbey. Whalley Abbey was a large and important Cistercian Monastery.The ruins of the Abbey are now open to the public and are protected as an important Ancient Monument. Clitheroe lies at the centre of the Ribble Valley and is well placed for commuting offering excellent communication links with all East Lancashire business centres and the rest of the country by road and rail. The town offers a varied range of amenities including an excellent range of shops, bars, café’s and salons as well as supermarkets and the impressive Bowland Brewery leisure complex.
Ground Floor
Entrance Hall – 10’9” x 3’8”
Downstairs WC – 5’1” x 2’9”
Lounge/Dining Area – 15′ x 12’2”
Kitchen – 10’4” x 5’2”
First Floor
Landing
Bedroom One 12’3” x 9’2”
Bedroom Two – 12’2” x 8’8”
Bathroom – 7’3” x 5’7”
External
Garden Room – 9′ x 8’9”
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.
