Shared Ownership Properties For Sale in Penrith, Carlisle 🏡

Penrith are some great new shared ownership developments popping up across Carlisle right now. One that caught my eye is in a charming village just outside of Carlisle. Penrith properties are modern two bedroom terraced houses with open plan kitchen living areas and private back gardens. they're priced from only for a 50% share. That monthly mortgage plus rent works out to be significantly less than local private rents. Not only are the homes beautifully designed and constructed, but the location is fantastic too. A quick commute into Bristol by train while still feeling like you're in the countryside. There are lovely country walks right on your doorstep and a local farm shop down the road for fresh produce. In the next few years, they're also planning a new primary school and village green for the community. Purchasing with shared ownership offers some great benefits over renting long term. For one, you're building equity in a property that you can choose to increase your share of over time. You're also protected from rent hikes year after year. And when it comes time to sell, you get to keep the profits on your share of the property's increased value. It really is a stepping stone towards full home ownership. I'd suggest contacting the developer soon if shared ownership in this idyllic village development appeals to you. Viewings are booking up fast as word spreads about these excellent value homes. It could be your chance to get on the property ladder and into your own little slice of the English countryside.