Shared Ownership Homes In Ross-On-Wye To Launch Soon

Residents looking to get onto the property ladder in Ross-on-Wye have a broader scope of choice thanks to the launch of Platform Home Ownership’s brand new Shared Ownership development.

Comprising an array of two-, three- and four-bedroom homes, the Middleton Avenue development is surrounded by countryside pursuits and leisure activities and high-quality schools near to the Welsh border.

Platform Home Ownership, in collaboration with EG Carter, is producing 44 high-quality homes just off Archenfield Road, 27 of which will be available through Shared Ownership, allowing local people to own their own home through a more affordable scheme.

Built with the modern homebuyer in mind, with contemporary fittings, areas for remote working and high energy efficiency, these versatile homes provide a blend between the peaceful riverside settings and the extensive amenities that a thriving town provides.

Shared Ownership allows home-seekers to purchase a share of their home and pay rent on the remaining amount, typically buying between 10% and 75% of the property’s full market value, depending on the model purchased with. This lowers the amount needed for a deposit, with most deposits on Shared Ownership schemes between 5% and 10% of the share and not the full amount. Through the process of staircasing, those using Shared Ownership can gradually increase the amount of their home that they own.

Vanessa Latty, sales consultant for Middleton Avenue said: “It’s exciting time for us here at Platform, and we’re thrilled to be providing homes in this great location for various types of homeseeker. Shared Ownership is quickly becoming a more sought-after route toward home ownership, so we don’t expect these homes to be on the market for too long.”

One of the impressive homes brought to Middleton Avenue courtesy of Platform is the ‘Holt’, a semi-detached, three-bedroom contemporary-design property which is ideal for families, downsizers, and commuters with an abundance of space for the demands that modern life brings. This home is fitted with central heating and double-glazed windows, while there is allocated parking and a 10-year build warranty,

Available at 10 plots at Middleton Avenue, this home type welcomes you into a spacious hallway with a large, fully integrated kitchen/dining area and modern lounge space for winding down or entertaining family and friends, while an understairs storage space and downstairs bathroom complete the ground floor. The first floor hosts two large bedrooms and a family bathroom, with yet more space for storage, while the third, smaller bedroom to the rear provides the flexibility to be used as a home office space or dressing room.

Ross-on-Wye is a picturesque town with many independent stores, cobbled streets and historic buildings, all set against the backdrop of the stunning River Wye. The M50 motorway is just a short drive from the development meaning Gloucester, Cheltenham, the Midlands, and Cardiff are all easily accessible, with rail routes also servicing nearby settlements.

Prices start from £94,000 for a Shared Ownership home. Find out more at www.platformhomeownership.com.

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