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- Gas central heating
- Double glazed windows
- Modern fitted kitchen
- Allocated parking
- 10 year build warranty
- Vinyl flooring through kitchen/bathroom
- Turfed rear garden
Available for Shared Ownership
Platform Housing Group are proud to release for sale a range of 3-bedroom properties in Bishops Cleeve. This development is situated on the edge of the Cotswolds Area of Outstanding National Beauty, and is just outside the market town of Cheltenham. These shared ownership properties are perfect for families and first-time buyers alike, as the site provides rural calm and strong transport links to Cheltenham, Gloucester, and Oxford.
Bishops Cleeve is one of the larger villages in the area and boasts a range of local amenities right on your doorstep. The site has plenty of green spaces surrounding it, with parks playgrounds and a playing field. This is on top of the vast number of fields and woodlands nearby.
For young and growing families, there is two primary schools in Bishops Cleeve and there is a secondary school for older children.
We will have a range of 3 x 3 bedroom properties available.
These properties are now built, and viewings will be available once an affordability assessment has taken place.
Other shares can be purchased subject to an affordability assessment.
Examples of deposit rates are based on our minimum required deposit rate of 5%. However please seek financial advice to confirm what deposit rate is available to you.
Council Tax TBC – due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.
Service Charge – A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis on April 1st. This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.
Ground Rent – Not applicable
- For further information, please download our brochure below.
- TO APPLY NOW, Please register with Help to Buy for Shared Ownership.
- Then send your approved Help to Buy Application form or reference number to the Sales Team.
- Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
- Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
- If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property – this is known as ‘staircasing’. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.
We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.
For more detailed information and your obligations in relation to shared ownership please download our ‘Guide to Shared Ownership'.
Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.
***Please note some images should be used as a guide only***