Start the New Year with a new Bungalow from just £42,498Published Monday, 16 December 2019
Six rare affordable bungalows are waiting to be snapped up in Ribble Valley from just £42,498 .
The two-bedroom bungalows featuring open plan living areas, French doors, bathrooms and kitchens are available at the Dilworth Lane development thanks to Ribble Valley Borough Council and Snugg Homes.
They are available to the over-55s with a local connection and household income below £80,000 on a shared ownership basis from just £42,498 for a 25 per cent share, with £292.18 monthly rent on the remainder.
A 50 per cent share will set you back just £84,997, with around £194.79 monthly rent, while a 75 per cent share is up for grabs from £127,496, with £97.39 monthly rent.
Bridget Hilton, chairman of Ribble Valley Borough Council’s health and housing committee, said: “The provision of affordable housing is one of the biggest challenges facing the council and affordable bungalows are particularly scarce.
"We are working closely with developers and housing associations to address this problem and our partnership with Snugg Homes has brought much-needed high-quality accommodation for older residents to the borough.”
Samantha Bilsbury, property sales coordinator at Snugg Homes, added: “Tootle Green is a superb development and we are delighted to have worked with Ribble Valley Borough Council to bring these rare affordable bungalows to the local housing market.
“There is a lack of suitable accommodation for young people, small families and older people in Ribble Valley and these bungalows present the perfect opportunity to purchase a home via shared ownership.”
The bungalows are set in a quiet cul-de-sac surrounded by trees and shrubs, making them ideal for mature residents in an area where affordable bungalows are almost non-existent.
Further details are available from Dewhurst Homes on 01772 783993, Snugg Homes on 01942 267819 or Ribble Valley Borough Council’s housing team on 01200 425111. Please note office hours may vary over the festive period.