Terraced house for sale in Preston PR4, 3 Bedroom

Price reflects a 75% share and is available to buy with a deposit of just £9,468.75***

A fantastic opportunity to buy a 3 bedroom home now available at Cottam Meadow on a Shared Ownership basis with Sage Housing.

About the area
At Cottam Meadow there is a variety of new homes to suit all types of buyer. Locally there's a choice of great bars and restaurants and you'll also be just a few miles from Preston city centre. With lots of green open space on the development and running alongside Lancaster Canal, it is the ideal place to buy your new home.

About the home
A 3 bedroom mid terrace home the Faygate comprises of entrance hall giving access to the WC, kitchen, and living room . The Living space offers double French doors onto the rear garden. The first floor gives access to all rooms from the landing with bedroom 1 with En-suite & bedroom 2 to the front of the home and bedroom 3 to the rear with a centrally located house bathroom. There is allocated parking spaces to the front of the property.

Lounge – 6.09m X 3.17m (19’9” x 10’4”)
Kitchen – 4.14m X 3.44m (13’5” x 11’2”)
Bedroom one – 6.09m X 3.12m (19’9” x 10’2”) Bedroom two – 3.19m X 3.12m (10’4” x 10’2”) Bedroom three – 2.92m X 2.14m (9’5” x 7’0”)

Pricing & Affordability
The share options below are based on the full market value of £252,500

40% Share £101,000 – Rent £347.19 pcm
50% Share £126,250 – Rent £289.32 pcm
75% Share £189,375 – Rent £144.66 pcm

Plus, you will pay a service charge of approximately £44.63 per month.

Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. At Cottam Meadow you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home. Lsl Land & New Homes are selling the homes on Cottam Meadow development on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit .



Important Note to Purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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