New shared-ownership two-bed with garden and parking — an affordable step onto the ladder.
Available Shared Ownership from 40% (£80,000) of £200,000 value
A brand-new two-bedroom end-of-terrace offered via Shared Ownership from a 40% share, ideal for first-time buyers seeking an affordable route onto the property ladder. The house sits on a modern development on the edge of Methwold village and delivers contemporary living across two floors with a landscaped, fully enclosed rear garden and off-street parking for two cars.
Downstairs the layout is practical: entrance hall with cloakroom, storage cupboard, an open kitchen/dining area and a lounge with French doors opening to the patio. Upstairs are two double bedrooms (master with built-in wardrobe) and a contemporary family bathroom. The property benefits from an electric air source heat pump and fast broadband, making it efficient and well-suited to everyday family life or remote working.
Important financial and tenure details are straightforward: available from a 40% share at £80,000 (full value £200,000), with rent payable on the remaining share and a service charge of £30.65 pcm covering grounds maintenance and buildings insurance. Buyers must pass an affordability assessment and a reservation deposit is required; the lease has 990 years remaining. There is a one-year defects warranty from completion.
Potential buyers should note this is a leasehold Shared Ownership purchase — monthly rent on the unsold share and the service charge apply. Heating is electric via an air source heat pump, which is efficient but differs from gas systems and may affect running costs depending on usage and energy prices. Overall, this is a low-maintenance, modern starter home with clear scope to increase ownership through future staircasing.
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