Affordable shared-ownership one-bed with full-length balcony and excellent transport links.
30% shared ownership offered at £82,500 (based on £275,000 valuation)
A bright one-bedroom third-floor apartment in the New Mill Quarter, offered via Shared Ownership (30% share). The open-plan living area and bedroom both open onto a full-length private balcony, giving extra outdoor space and abundant natural light. At about 543 sq ft, the layout offers practical storage and a generous double bedroom for a first home or buy-to-let starter.
This is an affordable purchase route: a 30% share priced at £82,500 with a minimum 5% deposit, plus a monthly rent of £565.40 and a service charge of £47.75 (total monthly charge c. £613.15). The long lease (circa 120 years) and EPC band C support mortgageability and energy performance, while council tax is described as affordable.
Location is a strong selling point: walking distance to Hackbridge station with good tram and rail connections to Central London, nearby supermarkets and local amenities, and easy access to Beddington Park. The area suits commuters and young families seeking transport links and local schools.
Material points to note: this is a leasehold shared ownership property with annual rent increases each April and a community heating scheme (check implications for bills). Buyers should factor monthly rent, service charge and potential future staircasing costs into affordability calculations and consult a solicitor about leasehold terms before committing.
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