Shared Ownership Properties For Sale in Penrhyn Bay ll30, Conwy 🏡

Penrhyn Bay excellent way for first time buyers or those on modest incomes to get a foot on the property ladder. You get all the benefits of homeownership like decorating as you please and building equity in an asset. Plus, you have the option to staircas up by incrementally purchasing additional shares of the home over time as your finances allow. I know a few people who started on a 50% share and within years were able to fully own their home this way. Right now there are some really attractive shared ownership developments popping up across Llandudno. One place I've had my eye on is a new project just outside of Llandudno. They've got spacious 2 and 3 bedroom terraced houses and apartments available with shares starting from as low as 25% of the full market value, the estimated monthly costs for rent and mortgage repayments work out to be significantly less than average local rents. Penrhyn Bay location is superb too, just a short train ride into Bath but feeling like a quiet village. There's plenty of lovely countryside walks right on your doorstep. Schools are rated highly in the area as well. With shared ownership, you really can have the best of both worlds the comfort of homeownership combined with a more affordable way to break into the property market. If you're interested, I'd get in touch soon before the best shares are all taken!