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£85,000
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
*Price of £85,000 represents a 25% share of the full market value of £340,000.
Elevate your living experience with a two-bedroom apartment at L&Q at Victoria Riverside, perfectly placed in Manchester’s up-and-coming Red Bank area. Situated in the striking City View Tower, these homes offer captivating views of the city skyline and easy access to the best of Manchester. Enjoy the luxury of on-site amenities, including a gym, co-working spaces, and relaxing green areas.
You're not just getting a home at L&Q at Victoria Riverside, you're buying into a lifestyle.
Please note, there is no allocated parking at L&Q at Victoria Riverside.
Under the Shared Ownership scheme you part-buy/part-rent your home, making it possible for first-time buyers and families to get on the property ladder.
The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%.
The Benefits of Shared Ownership:
Affordable Entry: Buy a share between 25% to 75% of the property.
Lower Deposits: Typically, just 5-10% of your share's price.
Manageable Mortgage: Only need a mortgage for your share.
Flexible Ownership: Increase your share gradually until you own 100%.
Cost-Efficient Living: Enjoy lower running costs with a new-build home equipped with the latest technologies and fixtures.
Council Tax Bands will be confirmed upon completion of the property. To view the council tax bands in Manchester refer to Manchester City Council's website or ask your sales advisor for more information.
Images used solely for illustrative purposes only and may differ from the actual house type or plot. Please speak to our Sales Advisor for more information.
L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. Incentive amount is based on the property type and development. For full terms and conditions visit https://lqhomes.com/terms-and-conditions/. Shared Ownership terms and conditions apply. Prices start from £63,000 for a 25% share of a 1 bedroom apartment at L&Q at Victoria Riverside. Full market value of £252,000. Please visit lqhomes.com/sharedownership for more information.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
