House hunters who want to get a foot on the property ladder at an affordable price are encouraged to enquire about Fabric Living’s final homes for shared ownership at The Place in Royton – where just three, three-bedroom homes remain for sale.

Perfect for families and couples, The Place on Radcliffe Street offers a perfect blend of style, convenience and comfort at an accessible price.

Shared ownership is a government initiative allowing purchasers to buy a share in a new home through a mortgage and savings, and pay rent on the share they don’t own.

This option enables house-buyers to secure a property of their own with a lower deposit and smaller mortgage payments. Over time, shared owners can also increase their share if they would like.

Like all properties at The Place, the final three-bedroom houses are finished to a high specification with excellent energy performance and contemporary living in mind.

Built across three floors, light, spacious rooms are complemented by stylish bathroom designs and modern kitchens.

Outside, each home has a turfed rear garden in which to relax, plus allocated private parking.

Prices at The Place vary depending on the house type and size of share, but a typical example is £110,250 based on a 35% share in a three-bedroom, three storey property with shared ownership. Shares can range from 25% to up to 75% under the new shared ownership model.

Homes at The Place are being marketed through Fabric Living, the shared ownership and sales brand from housing provider, First Choice Homes Oldham (FCHO).

Joel Owen, FCHO’s Director of Development said:

“This exciting scheme in the sought-after location of Royton is part of our continued investment in creating new, truly affordable homes locally.

“Shared ownership is a part-rent, part-buy scheme that could help people on the path to homeownership much sooner than they may have thought possible.

“Contact us about these final homes and see how shared ownership could work for you.”

To help increase the amount of affordable housing available in Oldham and surrounding areas to meet housing need, Fabric Living is currently developing more than 120 homes for shared ownership in Oldham, Rochdale and Kirklees.

For more information about The Place or to book a viewing, call 0161 524 1699 or email sales@fabricliving.co.uk.