Affordable shared-ownership opportunity for first-time buyers near local amenities.
No upper chain, buy outright or 25% shared ownership
Open-plan lounge/kitchen with integrated appliances and balcony
Allocated off-street parking and communal gardens
118 years remaining on lease — long leasehold security
Service charge approx £152.37/month (£1,825 pa); ground rent £250 pa
25% share: £57,500; housing association rent £520 pa
Area classed as deprived; local crime above average
Total size 464 sq ft — compact one-bedroom layout
This second-floor purpose-built apartment offers an accessible route onto the property ladder. You can buy the flat outright at full market value or purchase a 25% shared ownership stake, making this a practical option for first-time buyers. The open-plan lounge, dining and kitchen flows out to a generous balcony, adding light and extra outdoor space.
Practical features include an allocated parking space, communal gardens and integrated kitchen appliances. The 118-year lease provides long-term security. Monthly service charge is £152.37 (approximately £1,825 pa) and ground rent is a modest £250 pa; a 25% purchaser would pay a housing association rent of £520 annually on top of service charges.
Buyers should note the wider area is classified as deprived with above-average crime statistics; the neighbourhood classification is described as ‘hampered aspiration’. This is reflected in price and value potential, but it may influence suitability for some households. The apartment is chain-free and ready for immediate occupation or letting subject to shared-ownership terms.
Rooms are compact but well laid out: the main living/kitchen area and a sizeable bedroom make it a sensible single or couple’s home, or a starter buy-to-live. Interested parties must verify lease, service charge details and appliance conditions with their solicitor and the housing association.
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