Summary - 1 Homend Court Old Cottage Hospital, The Homend HR8 1DB
1 bed 1 bath Apartment
Town-centre one-bed with parking — shared ownership for first-time buyers.
50% shared ownership — buy a £65,000 equity share
This one-bedroom, split-level apartment sits in the heart of Ledbury and is offered on a 50% shared ownership basis — a practical route onto the property ladder in a popular market town. The flat has its own entrance, allocated off-street parking and a newly fitted boiler, so heating is efficient and immediate. Secondary-glazed sash windows and characterful exposed brickwork reflect the building’s Victorian/Tudor Revival origins.
Accommodation is compact across two levels: entrance hall, kitchen/lounge, bathroom and a good-sized first-floor bedroom. The overall footprint (approx. 539 sq ft) suits a single buyer or couple seeking a low-maintenance town-centre home within walking distance of shops, the station and local amenities. There’s no onward chain which speeds purchase.
Buyers should note this is a leasehold shared ownership property. You would purchase a 50% equity share (price shown on that basis), pay a monthly rent (£177.45pcm) plus a low service charge (£27.69pcm currently), both of which may rise with inflation. The lease has about 110 years remaining. There’s no private garden and the building’s solid brick walls are likely uninsulated — further insulation works may be limited by the construction and by conservation considerations.
Practical negatives to weigh: the local crime rate is above average and the apartment faces the town street so there is some town-centre noise. Serviceability of fixtures or utilities has not been verified. For a straightforward, lower-cost entry to Ledbury living, this apartment represents genuine value, but buyers should factor in ongoing rent payments and potential retrofit limits if aiming to improve thermal efficiency.
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