Discounted new-build apartment for qualifying first-time buyers with allocated parking.
- One-bedroom first-floor apartment with open-plan living/kitchen/dining
- 512 sq ft; generous bedroom and two built-in storage cupboards
- New-build, newly renovated with modern finishes and energy-efficient features
- 20% Discounted Market Sale—price shown is 80% of open market value
- Eligibility criteria apply (income cap, local connection, first-time buyer rules)
- Leasehold with 999-year lease; annual service charge £236
- Allocated off-street parking; no flood risk indicated
- Local crime levels reported above average; council tax band not yet set
This bright one-bedroom first-floor apartment in The Beacon offers a compact, modern home ideal for a first purchase. The open-plan living/kitchen/dining room and generous bedroom make efficient use of 512 sq ft, with two handy storage cupboards and contemporary finishes throughout. The property is new-build, newly renovated and comes with allocated off-street parking and a long lease (999 years).
Crucially this home is offered through a Discounted Market Sale scheme at 80% of open market value — the listed price reflects a 20% discount. Buyers must meet eligibility criteria including local connection and household income limits (under £80,000). These restrictions make the property a strong opportunity for qualifying first-time buyers but unsuitable for buyers who do not meet the rules.
Practical points to note: tenure is leasehold with an annual service charge of £236 (below average). Council tax banding will be set post-occupation. The location is in a comfortable suburban area with fast broadband, average mobile signal and no flood risk. Reported local crime levels are above average, which should be considered alongside the otherwise affluent, well-kept neighbourhood.
Overall this is a sensible, cost-effective option for a qualifying first-time buyer seeking a low-maintenance, energy-efficient new home with secure parking and long lease security. Those who cannot meet the eligibility criteria, need larger accommodation, or are sensitive to local crime statistics should consider alternatives.
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