Compact first-floor retirement flat with communal gardens and no onward chain.
75% shared ownership available (guide: £150,000 for the share)
This first-floor two-bedroom flat sits in an over-55s development close to Hampton village amenities and transport. Offered as a 75% shared ownership (guide in listing: £150,000 for the share), it comes chain free and benefits from communal gardens, a secure entry system and double glazing.
The accommodation is compact at about 529 sq ft, arranged in a traditional layout with a medium living room and two modest bedrooms. Service charge and communal maintenance are in place (approx. £196 pcm / £2,352 pa) and the property is connected to mains gas heating with a boiler and radiators.
Buyers must note a material drawback: only 64 years remain on the lease. That level of lease remaining may cause mortgage lenders to refuse lending or impose strict conditions; buyers should obtain specialist mortgage and legal advice before proceeding. Ground rent is low (£50 pa) and there is no onward chain, which could suit cash buyers or those able to arrange specialist funding.
This flat will suit downsizers or retirees seeking proximity to local shops, parks and good schools for visiting family, but it is a small, age-restricted home where lease length and ongoing service charges are important considerations. Any prospective purchaser should verify all tenure details, costs and lender acceptability prior to offer.
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