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Riverside Home Ownership has a selection of 2 and 3 bedroom
homes available for Shared Ownership on the flagship Metropolitan
development with Keepmoat Homes.
Shared Ownership homes are available to part-buy part-rent from
as little as 25%, depending on your personal circumstances.
Situated in the established suburb of Westerhope, an excellent
range of local amenities are on the doorstep. Just a few minutes'
drive from the A1, and 3 miles outside Newcastle, Metropolitan is
also in an ideal commuter location.
Finished to a high standard, our homes benefit from:
Quality fitted kitchens
Brushed steel oven, hob and cooker hood
Fresh white paint finishes throughout
Economical gas central heating
Front and rear landscaped gardens
Off road parking
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Shared Ownership means you buy a share in a property, say 50%,
and pay a monthly rent and service charge on the share you don't
own. The amount you buy depends on your personal circumstances.
Because the rent element is reduced and the mortgage you need is
smaller, it's cheaper than buying it outright and the deposit you
need is less.
You've got the option to buy more shares in the future as and
when you can afford to, so you could eventually own 100% of your
Buyers will need to complete an application form to make sure
they meet the eligibility criteria.