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£129,950 or £64,975 ( 50% Share)

1 Bed Apartment

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Waterside
Portland Street
Worcester
WR1
This property has been built by:

Assettrust Housing Ltd
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Property Details

Key features:

  • Purchase from 25% to 75% of the property value, paying rent on the remaining share
  • High specifications with design led kitchen and bathrooms
  • Fantastic canal side location – within walking distance of the historic city centre
  • Legal fees paid up to £1,000
  • Gifted 5% deposit paid on a maximum share of 25%
  • Move in within 6 weeks

 For example, with shared ownership you can afford a stylish contemporary apartment walking distance from Worcester city centre for as little as £524 per month.*

This figure is based on a shared ownership mortgage purchasing a 50% share of a one bedroom apartment valued at £129,950 with a 20% deposit on the share and rent payable on the remainder. The assumed mortgage term is based on a mortgage term of 25 years mortgage at a rate of 6%. Additional service charge payable. A minimum income of £18,400 (single or joint) is required.

Development Details

THE WATERSIDE, ROYAL WORCESTER

The Waterside, Royal Worcester offers a range of contemporary styled apartments and townhouses on the edge of the canal with colourful views towards the footbridge and small marina. To make the most of the location, some of the apartments have balconies.

The development has an elegant modern look that harmonises beautifully with the heritage buildings of Albion Mill, just a little further along the canal. The canal side walk passes in front, where Worcester’s intriguing industrial past can be seen in the adjacent buildings and bridges.

World famous Royal Worcester porcelain was once produced here, and many of the original factory buildings remain, distinguished by their rich red brick exteriors and architectural detail.

The development is within walking distance of Worcester city centre, which is characterised by its cathedral and historic buildings as well as some of the best shopping in the West Midlands.

About Assettrust Shared Ownership

If you’re trying to buy a home of your own, then you probably know how difficult it is to make that first step onto the ladder. Assettrust Housing is here to help, with shared ownership schemes that reduce start-up costs and monthly repayments.

Assettrust Housing is a privately financed company established in 2003 to provide affordable homes on a rental or shared ownership basis throughout England and Wales. We do not use government grants to fund any of our schemes.

Our policy is to combine traditional values with state of the art management and financing techniques. We are governed by a charter which ensures fair rents, high standards of maintenance and effective long-term management. Assettrust tenants and owners live in high quality new homes of modern design, which include large urban mixed-tenure developments or smaller schemes.

* An additional service charge will be payable. Your home may be repossessed if you do not keep up with the repayments on your mortgage.

Interior images are indicative only and may not accurately reflect the final specification or aspect of the apartments.

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Trinity Mirror Digital Property give notice that the property particulars and related information on this site, whilst believed to be accurate, are set as a general outline for guidance only. Intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by physical inspection of the property in question or otherwise as to their accuracy. Consequently, no information displayed on this site (or any linked site) constitutes or forms part of a contract. No person in the employ of Trinity Mirror Digital Property has the authority to make or give any representation or warranty in relation to the properties. Trinity Mirror Digital Property display information about properties on behalf of third parties for whom they are not agents nor representatives, and are therefore not responsible for the validity of the details relating to properties shown.

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