Ideal 50% starter home close to trains and town convenience.
50% shared ownership — affordable entry to ownership
Two double bedrooms with bright open-plan living space
Fourth floor with lift access and private balcony
Allocated secure underground parking included
Built 2019; contemporary finishes throughout
Service charge circa £3,000 per year (average)
Ground rent approximately £305 per year (average)
Neighbourhood shows constrained area and higher crime levels
This two-bedroom apartment in Franklin Court is offered on a 50% shared ownership basis, making it a practical route onto the local property ladder. Built in 2019, the flat sits on the fourth floor with lift access and presents a bright open-plan living and kitchen area that opens onto a private balcony.
The layout includes two double bedrooms and a modern family bathroom, with contemporary fixtures and neutral finishes throughout. Allocated secure underground parking and well-kept communal gardens add convenience and outside amenity. The property is approximately 0.6 miles from Elstree & Borehamwood station and is located within the town centre, close to shops and local facilities.
Buyers should factor in the ongoing costs: a high annual service charge (around £3,000) and ground rent (approx. £305), plus a community heating arrangement rather than individual gas heating. The neighbourhood classifications show constrained local area indicators and higher crime levels, which may affect longer-term desirability for some buyers.
Overall this is a sensible modern apartment for first-time buyers seeking an affordable entry via shared ownership. A full inspection is recommended to assess suitability, and buyers should confirm running costs and permission rules under the shared ownership lease before committing.
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