keaze logo

High Definition

Shared ownership

7 RED, Media City UK, Salford, M50 2EQ

For salenew home
Shared ownership
Photo of High Definition
Live from space album cover
  • from

    £

    1 bedroom

from

£65,800

with min. deposit

£3,290

Latimer

£97,650

2 bedroom flat

Availability

For sale

Minimum share

35%

Full market price

£279,000

Deposit from

£4,883

Monthly rent

£415.59

Monthly service charge

£170

Annual ground rent

£0

Bedrooms

2

Bathrooms

2

Reception rooms

1

Furniture status

unfurnished

Floor area

67

Number of floors

1

Entrance floor

Ground floor

Tenure

leasehold

Lease years

250

Property features

Communal GardenLift accessWheelchair accessible

Overview

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

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

£65,800

with min. deposit

£3,290

Similar properties

High Definition
Shared ownership

High Definition

RED, MediaCity

1

1

Minimum deposit

£3,290

35% Share from

£65,800

Full price

£188,000

Firbeck Fields
Shared ownership

Firbeck Fields

new home

Doncaster Road, Langold/Worksop

3

1

Minimum deposit

£4,700

50% Share from

£93,998

Full price

£187,995

Furness Quay
Shared ownership

Furness Quay

new home

Furness Quay, Salford Quays

1 - 2

1 - 2

Minimum deposit

£2,748

35% Share from

£54,950

Full price

£157,000