Summary - KINGFISHER HEIGHTS FLAT 18 HOGG LANE GRAYS RM17 5QQ
2 bed 1 bath Flat
Affordable two-bedroom step onto the property ladder near Grays station.
40% shared ownership; lower upfront cost than full ownership
This second-floor, two-bedroom flat in Kingfisher Heights offers an affordable route onto the ladder with 40% shared ownership. The apartment includes a living room that opens onto a private balcony, a separate kitchen, a modern bathroom and allocated off-street parking within a gated development.
Practical benefits include secure entry, easy access to Grays C2C station (about 0.3 miles) and nearby schools and shops, making the location convenient for commuting and everyday life. The building is modern in style and benefits from double glazing and communal maintenance that reduces external upkeep.
Important issues to note: the lease has around 78 years remaining, which may limit mortgage options and could lead some lenders to refuse a mortgage. The property uses electric storage heaters — expect higher running costs than gas-heated homes. The area is marked by high crime levels and local deprivation, which may affect long-term resale and insurance costs.
This flat will suit a buyer seeking a lower-cost entry into homeownership who accepts shared ownership terms and is prepared for potential financing hurdles. It also presents light refurbishment potential to personalise the interior and improve appeal for future resale.
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