Worrall Street, Salford, M5 4UB

Love where you live with Shared Ownership at Worrall Street. A vibrant building just waiting to be found, a range of beautiful homes to discover and a remarkable city to explore.

Stepping into a new home that belongs to you can be one of the best feelings in the world and with Shared Ownership at Worrall Street, that feeling could be just around the corner.

Step inside Worrall Street and you'll find a warm and welcoming lobby with handy postal and cycle storage.

Sitting right on the edge of Manchester City Centre, and near the heart of Salford Quays, your days are easy to fill enjoying your surroundings. If you're looking to explore a little further afield, you're perfectly placed to do so with Cornbrook tram stop just a short walk away where you can start your journey.

Ready to find your place at Worrall Street? Get in touch with the Plumlife team today.

Your new home

This two bedroom apartment at Worrall Street features an open plan living and kitchen/dining area with plenty of kitchen surface space, as well as handy storage. When you want some fresh air, step outside onto your private balcony from the lounge. You'll also find two good sized bedroom and a bathroom. The master bedroom also features an en-suite bathroom.

Whether you choose a 1, 2 or 3-bedroom apartment, you'll discover a beautiful space that you'll be proud to call home. You'll be spoiled for choice, with 22 different apartment styles to choose from.

Communal spaces

You'll discover a co-working space where you can relax, work and play, while feeling part of a community. Uniquely designed by the former winner of Interior Design Masters, Lynsey Ford, you can be sure that all of your needs have been considered.

When you want a change from the hustle and bustle of city life, escape to your very own roof terrace, exclusively for our shared ownership homeowners.

What is Shared Ownership?

Shared Ownership offers a straightforward, flexible route to homeownership. Instead of purchasing a property outright, you can purchase a share that you can afford - typically between 25% and 75%. In some cases, you can buy from as little as 10% of a home, if that's the share level that's affordable to you.

You'll then pay subsidised rent on the remaining share alongside your mortgage costs. This approach requires a much smaller deposit compared to when buying a home on the open market, making it ideal for first-time buyers or those with limited savings.

Price breakdown example:

Full value of the property: £265,000
75% share: £198,750
Rent: £151.82

What are the benefits of Shared Ownership?

• It's a great option if you can't afford to buy a home outright.
• You'll need a smaller deposit, from as little as 5%* of the share you buy, rather than the price of
  the whole home.
• Your monthly repayments can often work out cheaper than if you had an outright mortgage.
• If your circumstances change, you can choose to increase the share you own, or even purchase your home outright through a process called staircasing.
• You'll get all the benefits of a brand new home, including a blank canvas to make your own, the latest technology and often lower energy bills than an older home.
• You can sell the shares you own at any time.
• Thanks to Shared Ownership, a location or home which previously seemed out of reach really could become affordable.

Please note the following charges apply:

Service charge guide:
2 bedroom apartments between £222.96 - £253.59
Service charge varies by plot number, please speak to a Sales Advisor for confirmation. The amount payable monthly includes buildings insurance and the reserve fund payment.

Higher or lower shares are available up to a maximum of 75%, depending on individual circumstances and further Plumlife approval. Please contact the Plumlife team for more information.

Please note: Images used are CGIs (computer generated images) so may vary from actual specification/layout. For further information on external layouts and levelling please speak to a sales advisor.

*Dependent on individual circumstances