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Shared ownership
£75,000

2 bedroom apartment for sale

The Sidings, Preston, PR3
Added today
Apartment
2 beds
1 bath
731
Added today

Key information

TenureLeasehold | 50% share | rental £192.60pcm | 121 yrs left
Council taxBand B
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 50% Share £75,000
  • Full Ownership £150,000
  • Low Deposit from Just £3,750 (5%) subject to lending criteria
  • Affordable Monthly Costs – Approx. £225 per month rent and service charges (before mortgage payments).
  • Allocated Parking
  • Two Well-Proportioned Bedrooms
  • Bright Open-Plan Living Area
  • Private Outside Space

Video tours

An exceptional opportunity to step onto the property ladder with this beautifully presented two-bedroom apartment at The Sidings, Preston.

Available on a 50% shared ownership basis, the full market value is £150,000, meaning you can secure your share for just £75,000 — with a deposit as low as £3,750, subject to status. Even better, the monthly cost is approximately £225 per month before mortgage payments, making this a genuinely affordable and accessible starter home.

Inside, the apartment offers bright and well-balanced accommodation. The open-plan living and dining area provides a comfortable space to relax or entertain, complemented by a modern fitted kitchen with ample storage and preparation space.

There are two well-proportioned bedrooms, offering flexibility for guests, working from home, or a growing family. A contemporary bathroom completes the accommodation, finished in a clean, neutral style ready to make your own.

What truly enhances this home is the private outside space — perfect for a small garden set, potted plants or simply enjoying some fresh air — along with the invaluable benefit of allocated parking.

Shared Ownership – A Simple Guide to Eligibility

This home is available on a 50% shared ownership basis, a fantastic scheme designed to help buyers take their first step onto the property ladder.

To qualify, you’ll need to meet some standard criteria set by the housing association. In general, shared ownership is aimed at people who:

Are aged 18 or over

Do not currently own a home (or have agreed a sale on their existing property)

Have a household income within the scheme limits

Are unable to purchase a suitable property on the open market outright

Before arranging a viewing, we kindly ask all interested buyers to complete a short affordability assessment. This isn’t anything to worry about — it’s simply there to make sure the home is financially comfortable and sustainable for you, taking into account income, deposit, mortgage borrowing and monthly commitments.

The process is straightforward, and we’re very happy to guide you through each step. Our aim is to ensure that if you fall in love with the property, you’re in a strong position to move forward with confidence.

If you’d like to check your eligibility or discuss how it works, just get in touch — we’re here to help.

Situated in a convenient location within Preston, The Sidings offers access to local amenities, schools and transport links, while still enjoying a quieter residential setting.

This is an ideal purchase for first-time buyers looking for an affordable, low-maintenance home with outdoor space and parking.

Early viewing is highly recommended.
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Area statistics

Crime score
Low crime
0/10
Home prices (average)
2 bedroom apartments
£171,841

About this agent

Keller Williams Plus - Essex
Keller Williams Plus - Essex
33 Robjohns Road Chelmsford, Essex CM1 3AG
01277 576084
Full profileProperty listings
Life is full of moments that matter, and moving home is one of them. Our business is built on relationships; it’s amazing what a conversation can lead to. Each of our agents is their own boss, they are committed to becoming your property person for life. With over 190,000 agents worldwide, Keller Williams is the largest real estate company in the world. Global we may be, but it’s locally where we make a difference. Your local agent will be an expert on the area they cover, and personally dedicated to ensuring your move is unforgettable.
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