Wave of new homes in Wavertree
Thursday 21 May 2015
The Picton Road development by
Riverside Home Ownership will offer hopeful buyers 10 affordable
homes through its shared ownership scheme.
The new homes are expected to go on
the market for just £27,500 for a 25% share, making the development
a fantastic option for first time buyers who want to get a foot on
the property ladder.
Shared ownership gives buyers the
possibility of part owning a property and paying reduced rent on
the remainder, which is owned by a housing association such as
A selection of 4 two-bedroom and 6
three-bedroom properties make the development ideal for growing
families and the homes are expected to be ready to move into by the
end of the year.
Picton Road development taking shape
The development is being built at the
site of an old rail depot in Wavertree on a key route to Liverpool
The 10 properties available to buy
through shared ownership are being built as part of a wider
development by Riverside housing association which will offer 100
homes to rent.
The rented properties will be
available in 2016 whilst the shared ownership homes are expected to
be ready by November on a different part of the site.
Jennifer Bailey, Sales and Negotiator
at Riverside Home Ownership says, "the new development will provide
an affordable solution to buying a property and give buyers a
helping hand in finding their dream home.
With excellent transport links, home
owners are perfectly situated to enjoy a residential neighbourhood
which has easy access to the city centre - a perfect option for the