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Property Description

Shared Ownership – 50% Available at Just £75,000
A deposit from only £3,750 (5%) – subject to lending criteria

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An exceptional opportunity to step onto the property ladder with this beautifully presented two-bedroom apartment at The Sidings, Preston.

Available on a 50% shared ownership basis, the full market value is £150,000, meaning you can secure your share for just £75,000 — with a deposit as low as £3,750, subject to status. Even better, the monthly cost is approximately £225 per month before mortgage payments, making this a genuinely affordable and accessible starter home.

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Inside, the apartment offers bright and well-balanced accommodation. The open-plan living and dining area provides a comfortable space to relax or entertain, complemented by a modern fitted kitchen with ample storage and preparation space.

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There are two well-proportioned bedrooms, offering flexibility for guests, working from home, or a growing family. A contemporary bathroom completes the accommodation, finished in a clean, neutral style ready to make your own.

What truly enhances this home is the private outside space — perfect for a small garden set, potted plants or simply enjoying some fresh air — along with the invaluable benefit of allocated parking.

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Shared Ownership – A Simple Guide to Eligibility

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This home is available on a 50% shared ownership basis, a fantastic scheme designed to help buyers take their first step onto the property ladder.

To qualify, you’ll need to meet some standard criteria set by the housing association. In general, shared ownership is aimed at people who:

Are aged 18 or over. Do not currently own a home (or have agreed a sale on their existing property). Have a household income within the scheme limits.

Are unable to purchase a suitable property on the open market outright

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Before arranging a viewing, we kindly ask all interested buyers to complete a short affordability assessment. This isn’t anything to worry about — it’s simply there to make sure the home is financially comfortable and sustainable for you, taking into account income, deposit, mortgage borrowing and monthly commitments.

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The process is straightforward, and we’re very happy to guide you through each step. Our aim is to ensure that if you fall in love with the property, you’re in a strong position to move forward with confidence.

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If you’d like to check your eligibility or discuss how it works, just get in touch — we’re here to help.

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Situated in a convenient location within Preston, The Sidings offers access to local amenities, schools and transport links, while still enjoying a quieter residential setting.

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This is an ideal purchase for first-time buyers looking for an affordable, low-maintenance home with outdoor space and parking.

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Early viewing is highly recommended.