Property: Stunning two-bed home could be yours for just £37,500 – why so cheap?

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Property: Stunning two-bed home could be yours for just £37,500 - why so cheap? 1

The listing said: “Our affordable part buy-part rent homes are available to purchase from as little as 25 percent, up to 75 percent, according to your own circumstances.

“Shared Ownership is a government backed scheme to help you get a foot onto the property ladder.”

As well as paying the initial fee, the buyer would need to pay a monthly rent of £257.81.

They would also be required to fork out for a monthly service charge of £27.26 which includes building insurance.


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