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117 Great Oldbury

Shared ownership

58 Rowbotham Way, Stonehouse, GL10 3GW

For salenew home
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Live from space album cover

3 bedroom terraced house

Located in Gloucestershire just a short drive from Stroud, Gloucester and Cheltenham, Stonehouse is a small town with lots to see and do in the local area. Whether you’re browsing the independent shops, walking along the canal or taking the kids to the farm, there’s no shortage of things to do and places to see close to your new home in Stonehouse.

Although Stonehouse is a small town, it has excellent transport connections to towns and cities nearby and across the UK, including a direct train to London and close proximity to the M6 motorway. The town is under 10 minutes away from Stroud by car or five minutes by train, while the journey from …

Features

Bedrooms3
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£126,000

with min. deposit

£6,300

45% Share from
£126,000
Full market price
£280,000
Minimum deposit
£6,300
Monthly rent
£353
Monthly service charge
£61.09
Sage Housing

Sage Housing

Brochures

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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