Affordable 50% shared ownership two-bed flat close to Basildon town and station.
- 50% shared ownership; minimum share £110,000 (full value £220,000)
- Ground-floor two-bedroom flat, approx. 700 sqft
- Semi-open-plan reception/kitchen; dual-aspect, bright living space
- Modern double glazing and mains gas central heating
- Communal off-street parking; low council tax (Band B)
- Shared ownership rent £132.43/month; service charge ~£88.43/month
- Conflicting lease information — verify remaining years and renew if short
- Area: higher deprivation and above-average crime rates
A well-presented, ground-floor two-bedroom flat offered as a 50% shared ownership (minimum share £110,000) within easy reach of Basildon town centre and station. The property measures approximately 700 sqft and features a dual-aspect reception with semi-open-plan kitchen, two good-sized double bedrooms and a bathroom with both overhead and hand-held showers. Modern double glazing, mains gas central heating and insulated cavity walls help with energy efficiency.
Practical advantages include communal off-street parking, low council tax (Band B) and strong mobile signal. The development was built c.2007–2011 and presents as move-in ready for buyers who meet shared ownership eligibility: minimum deposit and income thresholds apply. Monthly payments include a shared ownership rent of £132.43 and a service charge of around £88.43 (£1,061.16 pa stated elsewhere).
Important cautions are straightforward: this is leasehold shared ownership. Documents state a 125-year lease from 01/04/2009 but other information suggests materially fewer years remaining — the lease length should be verified and, if short, renewed promptly. The wider area scores high for deprivation and recorded crime is above average; consultees should satisfy themselves on local safety and suitability. The housing association will not carry out cosmetic redecoration unless confirmed in writing.
This home suits a first-time buyer seeking an affordable route onto the property ladder who prioritises good transport links and a modern, low-maintenance flat. It is not recommended for buyers who need a long, unencumbered freehold tenure, immediate rental income, or those unwilling to meet shared ownership eligibility criteria.