Affordable shared-ownership route near transport and good schools.
Two double bedrooms with average-sized living space
Open-plan kitchen/living area opening onto private balcony
Fourth-floor apartment in a 2009 development with lift
25% shared ownership; additional monthly rent £741
Service charge c. £384 pcm plus £40 buildings insurance (£5,088 pa)
Long lease (about 142 years remaining)
Good local transport links; excellent mobile and fast broadband
Area classified as deprived — consider long-term resale risk
This fourth-floor, two-bedroom apartment in Trico House is offered as a 25% shared ownership, presenting a realistic route onto the property ladder for first-time buyers. The open-plan kitchen/living area opens onto a private balcony, and the layout includes two double bedrooms, a modern bathroom, plus dedicated storage and a separate laundry cupboard — practical features for everyday living.
Built in 2009, the block is served by a lift and secure entry. The lease length is long (around 142 years remaining), and broadband and mobile signals are strong — useful for commuting and home working. Local amenities and transport links are close by, and several well-rated primary and secondary schools are within reach.
Buyers should note material costs attached to this tenure: the share is 25% with an additional monthly rent of £741, and combined service charge and buildings insurance currently total about £384 pcm plus £40 buildings insurance (c. £5,088 pa). The property is leasehold and located in an area classified as deprived, which may affect long-term resale prospects.
Overall, this apartment suits those seeking an affordable entry into the area via shared ownership, with ready-to-use accommodation and reasonable living space. It will particularly suit buyers prioritising location, modern fittings and ease of access rather than those seeking a no-rent, freehold investment.
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