£75,000

2 bed flat for sale
The Sidings, Preston PR3

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

Just added
Shared ownership
Leasehold
Added on 28/02/2026

About this property

  • 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

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

Mortgage calculator

Monthly repayment

£375 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (121 years)

  • Service charge

  • Council tax band

    B

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    50%

  • Shared ownership rent

    £193 per month

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