Affordable 50% share, allocated parking, chain free — lease needs attention..
- 50% shared ownership; lower upfront cost
- Approx 442 sq ft; one double bedroom
- Generous lounge/diner and fitted kitchen
- Allocated off-street parking space
- Chain free for a quicker transaction
- Lease c.83 years remaining; renewal likely needed
- Service charge high at £4,296 pa
- Local recorded crime level: very high
A well-presented one-bedroom first-floor apartment offered on a 50% shared ownership basis, positioned close to Shirley town centre with easy access to Solihull. The block is modern Neo-Tudor construction (post-2007) with double glazing, mains gas central heating and an allocated off-street parking space. The layout includes a generous lounge/dining room, fitted kitchen, double bedroom and bathroom across about 442 sq ft.
This is aimed at first-time buyers who need an affordable route into a desirable area. Shared ownership keeps the initial purchase price lower, with an indicative rent on the remaining 50% around £358 pcm (awaiting final confirmation from the housing association). The property is chain-free and ready for a quick sale, with good broadband and excellent mobile signal for working from home.
Important practical points are straightforward: the lease has approximately 83 years remaining and will need attention and likely renewal in future conveyancing, and the service charge is relatively high at £4,296 per year. The location's recorded crime level is very high — buyers should check local safety data and consider this when viewing.
Overall, this apartment suits a buyer seeking an affordable entry into Solihull borough, valuing convenience and low council tax, prepared to manage shared-ownership costs and a lease that will need renewing in time.