Summary - Burnt Common Lane,
Ripley,
GU236HD GU23 6HD
2 bed 1 bath Flat
Affordable commuter-friendly home close to top schools and transport links.
Open-plan living with dual-aspect windows and private balcony
Master bedroom with ensuite; two double bedrooms
Two off-street parking spaces included
Long lease (990 years) on a new-build development
Shared ownership: estimated monthly rent £521.35 and staircasing implications
Compact overall size: 544 sq ft — limited living/storage space
Service charge £78.43pcm (below average); reviewed annually
Slow broadband speeds in the area
A smartly designed two-bedroom apartment in a recent development on Burnt Common Lane, offered via shared ownership to help first-time buyers get on the ladder. The apartment has a light, open-plan living area with dual-aspect windows, a private balcony, and a fitted kitchen with oven, hob and washing machine. The master bedroom includes an ensuite; both bedrooms are doubles. Two off-street parking spaces are included.
The building is new with a long 990-year lease and below-average service charge (£78.43pcm). Based on a 35% share the minimum purchase price is £122,500 with an estimated monthly rent of £521.35 and combined monthly payments around £1,260.54. A £500 reservation fee and a small minimum share deposit (£6,125 at 5%) are part of the purchase costs.
This home suits buyers seeking an affordable commuter base: transport links to London are excellent and local schools include several rated Good or Outstanding. The apartment’s compact 544 sq ft footprint and modest room sizes make it best for singles, couples or small families rather than those needing extensive living space.
Notable limitations: broadband speeds are reported slow, and as a shared ownership property you will pay rent on the unsold equity and be subject to annual service charge reviews. The new-build setting reduces immediate maintenance concerns, but space is limited and council tax banding is yet to be determined.
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