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Calico Grove, Rochdale

Shared ownership

Royle Road, Rochdale, OL11 3ET

For salenew home
Shared ownership
Photo of Calico Grove, Rochdale
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  • from

    £68,250

    2 bedroom

  • from

    £81,375

    3 bedroom

  • from

    £97,125

    4 bedroom

from

£68,250

with min. deposit

£3,413

Plumlife

£68,250

2 bedroom semi-detached house

£81,375

3 bedroom detached house

£97,125

4 bedroom semi-detached house

Availability

For sale

For sale

For sale

Minimum share

35%

35%

35%

Full market price

£195,000

£232,500

£277,500

Deposit from

£3,413

£4,069

£4,857

Monthly rent

£290

£346

£413

Monthly service charge

£24

£24

£24

Reservation fee

£500

£500

£500

Bedrooms

2

3

4

Bathrooms

1

1

2

Reception rooms

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

Floor area

68.2

79.4

97.2

Number of floors

2

2

2

Entrance floor

Ground floor

Ground floor

Ground floor

Tenure

leasehold

leasehold

leasehold

Lease years

990

-

990

Overview

Plumlife Homes are proud to introduce a brand new selection of properties at Calico Grove in Rochdale - part of a larger Countryside Homes development.

Calico Grove will feature a mixture of 2, 3 and 4 bedroom homes, all available through the Shared Ownership scheme. Located close to Rochdale town centre and to the M62, this development is ideal for first time buyers, growing families and commuters looking to get into nearby cities.

35 - 75% shares available. Shares from 25% may be available to purchase depending on individual circumstances and further Plumlife approval.

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.

from

£68,250

with min. deposit

£3,413

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