Make describes it as a contemporary take on the classic Victorian terrace. It is also affordable, with shared-ownership prices of £41,000 and deposit requirements as low as £2,050.
There are 30 homes available for shared ownership, out of a total of 94 homes. Prices start at £41,000 for a 40 per cent share of a shared-ownership one-bedroom flat, with a total value of £102,500, which falls inside the stamp duty ceiling of £125,000.
The two-bedroom flats start from £49,000 for a 40 per cent share of a property priced at £122,000, meaning a £2,450 deposit is required (based on a 95 per cent mortgage), while two-bedroom houses are £70,000 for a 40 per cent share (deposit: £3,500). There are also three-bedroom houses priced at £78,000 for a 40 per cent share (deposit: £3,900).
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