Shared Ownership Properties For Sale in Old Colwyn, Conwy 🏡

Through Old Colwyn shared ownership, also known as part buy part rent, you purchase an initial share of a property often between % 25-75 and pay rent on the remaining share that you don't own. I came across a lovely development of Old Colwyn shared ownership apartments in Llandudno that have just been released for sale. Old Colwyn properties are modern one and two bedroom flats in a brand new building, so you won't have any issues with the condition. they are within walking distance of parks, shops, bars and excellent transport links into the heart of the city. Old Colwyn Prices start from just value for a 25% share of a one bed, which works out at about £500-600 per month for the remaining rent. Not bad at all when you  the location. As your circumstances change, you have the option to staircase by purchasing additional shares of the property in increments of 10% until you own it 100%. There's also no worry about chains collapsing as shared ownership properties are exempt from the stamp duty land tax. I'd recommend acting fast if you like the sound of it, as shared ownership homes tend to sell quickly. Old Colwyn development has only been on the market for a couple weeks but over half the available Old Colwyn properties are already under offer. Why not book an viewing this weekend to check it out.