Summary - 3a Meadow Crescent, Royston S71 4DL
2 bed 1 bath Semi-Detached Bungalow
Low-maintenance two-bed home for over-55s with conservatory and parking.
75% shared ownership — 75% share priced at £125,000
A single-storey, two-bedroom semi-detached bungalow offered as 75% shared ownership; the 75% share is priced at £125,000 with no monthly rent on that share and a monthly service charge of approximately £86.10 (annual management cost c. £1,033). The compact layout includes a conservatory, a fitted kitchen, one shower room and an enclosed, low-maintenance garden with paved patio and off-street parking — suited to buyers seeking easy ground-floor living.
This home is restricted to buyers aged 55 or over and will particularly suit downsizers or retirees wanting a modest, manageable property with modern double glazing, gas central heating and an EPC rating of C. Council tax is low (Band B), broadband speeds are fast and mobile signal is excellent — practical conveniences for everyday living.
A significant caution is the remaining lease of 73 years. That term is short enough that many mortgage lenders may refuse to lend, which could limit purchase options or require a cash buyer or specialist lender. The area is described as very deprived with above-average crime levels; prospective buyers should assess neighbourhood suitability and safety.
Overall this is a practical, low-upkeep bungalow for an over-55 purchaser comfortable with shared ownership and aware of the lease-length and local area issues. Important practical checks include lender acceptability given the lease length, confirmation of service charge and management terms, and a survey to confirm condition internally.
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