Affordable London entry with modern finishes and private balcony.
50% shared ownership available for £115,000
A compact one-bedroom apartment offered as a 50% shared ownership in a newly built development on Catkin Road. Priced at £115,000 for the 50% share, the home includes a private balcony, open-plan living/kitchen and modern finishes, designed for low initial entry to the London market.
This third-floor apartment (approximately 421 sq ft) benefits from new-build specifications, good mobile signal and fast broadband. Heating is provided via a community scheme. Monthly rent on the unsold share is quoted at £343.75, and the minimum deposit starts from £7,500. Furnishings shown are CGI.
Important factors to consider: the property is leasehold and sold via Shared Ownership, which has staircasing, rent and service-charge implications. The wider area is described as deprived and regeneration is ongoing, which may affect short-term local amenities and resale dynamics. Council tax and some running-cost details are not provided.
This apartment suits a first-time buyer looking for an affordable London entry point with modern, low-maintenance accommodation and potential to increase ownership over time. It is less suitable for buyers seeking a large home, immediate full ownership, or those wanting a fully established neighbourhood with mature amenities.