1 bed first floor apartment
Shared Ownership
Stonehouse, GL10 3WW
£70,000
Features
- Easy access to M5 & A38
- 1.5 miles to Stonehouse train station*
- Trains run from Stonehouse and Stroud to Swindon, Reading, London Paddington and Cheltenham
- Located near to Stroud and Thornbury
- Nearby to a range of amenities for all ages
- Close to beautiful countryside
Description
Applications are open for the final 1 bedroom maisonette at The Alders at Great Oldbury! Start your application today.
Home available: Plot 379
Situated in a beautiful countryside setting, the Alders at Great Oldbury is a new development, forming part of the master Great Oldbury scheme.
Located on the edge of the Cotswolds, this development benefits from picturesque views and convenient commuter links with easy access to the M5 for travel to Bristol, Gloucester, and Birmingham. Just a short drive away you can enjoy the shopping and leisurely activities that Stonehouse and Stroud has to offer.
If you are willing to go further afield, you can enjoy everything Bristol has to offer in less than a 45 minute drive*.
Our homes at The Alders
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Get in touch
To make an enquiry about a property, please fill in the form below and a member of the team will be in touch
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*Travel times are taken from google.co.uk/maps and are approximate only
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Images and CGI’s are for illustration purposes only. Materials, specification, elevation, positioning may vary
FAQs
We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
You buy a share in your home that’s right for you. That could be from either 10/25% and up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example:
If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought!
You can speak to our panel of financial advisors for more information around affordability.
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then Shared Ownership could be right for you!
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
Once you’ve settled in to your new home and you’ve made it your own, you may want to consider buying more shares – we call this staircasing, and we’re with you every step of the way.
The more shares in your home that you own, the less rent you pay. Almost all of our homes can be purchased outright, meaning that you could own 100% of your home. You’ll be able to find out whether this is possible for your home by speaking to our dedicated sales team.