Curo are pleased to be offering a desirable two-bedroom, first floor apartment located on the outskirts of Frome. This home is just a 15-minute walk from the picturesque town centre and its wealth of independent shops, thriving café culture and arts scene, not to mention one of the longest-running outdoor weekly markets in the country. You’ll also be less than a 10-minute walk from the local train station, which provides easy access to the cities of Bristol and Bath.
Additional Charges
- 100% sales value: £185,000
- Minimum share purchase: 50%
- Purchase price of share: £92,500
- Rent per month: £236.48
- Service charge per month: £194.79
Eligibility Requirements
Households need to:
- Create a login and apply for this property on our website: www.curo-sales.co.uk/shared-ownership/
- Must have a local connection to Somerset
About Shared Ownership
Shared Ownership is a part rent/part buy scheme that can help you take your first step on the property ladder. It’s aimed at first time buyers and those who don’t currently own a home.
How does it work?
You buy a share in a home, usually between 25% and 75%, and pay a discounted rent to Curo on the remaining share. This means you’ll need a smaller deposit and a smaller mortgage, making it easier and more affordable for you to own a home. You can then purchase more shares at a time that is right for you, in most cases, up to 100%. This process is called ‘staircasing’ and once you’ve achieved full ownership, you’ll no longer need to pay rent to us.
We have many homes available to buy through Shared Ownership across South West England.