What Is Shared Ownership?
Shared Ownership is a way for people who may not normally be able to afford to buy a property on the open market, to be able to purchase their ideal home in an affordable way. Whether it's your first step on to the property ladder, a purchase through a pension lump sum, a change in relationship status or your home simply does not fit your needs anymore.
Shared Ownership allows you to purchase a percentage share of your ideal home, and pay a reduced rent on the remaining shares, with the opportunity to buy more shares when you are in a position to do so.
37 Quaker Rise - A 3 bedroomed mid-terraced home with off-street parking in Brierfield, Nelson.
This three-bedroomed home is set across three floors. Downstairs, we have a kitchen, a spacious lounge and a downstairs w.c.
Upstairs, there is a bedroom, a living space and a bathroom and the second floor consists of two bedrooms and a bathroom.
The home is rounded off with both front and rear gardens and off-street parking.
Ground Floor -
• Kitchen
• Lounge
• Downstairs W/C
First Floor -
• Bedroom 1
• Bathroom
• Living Space
Second Floor -
• Bedroom 2
• Bedroom 3
• Bathroom
Development & Location Information
This property is located in Brierfield, Nelson, just to the north of Burnley. Here you will benefit from the lovely town setting, with easy access to Burnley town centre, only a 15 minute drive away.
There is plenty to explore in the surrounding Lancashire countryside as well, with Pendle Hill and Hameldon Hill only a short drive away, perfect for family hikes.
£160,000 OMV - (25% Share - £40,000)
Rent - £275 pm – Other Shares are available.
Service Charge - £8.75 pm