3 bed terraced house for sale

Addle Avenue, Cam, Dursley, Gloucestershire GL11

Discover our stunning new development offering a selection of beautiful Shared Ownership homes. Whether you're taking your first step onto the property ladder or looking for an affordable way to move, our experienced team is here to help.

We're excited to invite prospective purchasers to our upcoming Shared Ownership Workshop, where you'll have the opportunity to explore the development in detail, receive expert guidance from a qualified Shared Ownership advisor, and speak with experienced conveyancing professionals who can guide you through the buying process.

Places are limited, so get in touch today to reserve your space and learn how Shared Ownership could help make your dream home a reality.

The Asher is a well-designed three-bedroom home that offers practical and comfortable living, making it an ideal choice for first-time buyers or those looking to purchase through Shared Ownership.

The ground floor features a spacious open-plan kitchen and dining area with French doors leading to the south-facing garden, providing a flexible space for everyday living and entertaining. A separate living room to the front of the home offers additional space to relax, while a cloakroom and useful storage complete the ground floor.

Upstairs, there are three bedrooms and a family bathroom, offering plenty of space for couples, young families, or those needing a home office. The property also benefits from two allocated parking spaces.

What Is Shared Ownership?
Shared Ownership is a government-backed scheme designed to help people who cannot afford to buy a suitable home outright.

It's often described as part-buy, part-rent:
"You buy a share of your home (usually between 10% and 75%)
"You pay rent to the housing association on the share you don't own
"You're an owner-occupier and hold a lease on the property

Benefits Of Shared Ownership
A lower deposit and mortgage compared to buying outright
The opportunity to increase your share over time (known as Staircasing)
More security than private renting
The chance to benefit if your home increases in value

Shared Ownership Eligibility:

Your household income is £80,000 or less
You cannot afford to buy a suitable home on the open market
You have a good credit history and enough savings for a deposit (usually 5-10% of the share you're buying)
You can afford the ongoing costs of owning a home

Existing homeowners may still be eligible, but you'll normally need to be selling your current home and show that it doesn't meet your needs.

Pricing Example
Full market value - £325,000
Share price based on 40%
Share price - £130,000
Estimated Rent per month (inclusive of service charges) £521.88
Lease term 999 years
Minimum deposit required £6500