Affordable new-build two-bed with parking and NHBC warranty.
- 60% Shared Ownership price £201,000 (full price £335,000)
- New build with 10-year NHBC warranty
- Two bedrooms and two bathrooms, circa 650 sq ft
- Two private off-street parking spaces
- Fitted kitchen with integrated oven, hob and extractor
- EPC rating B
- Leasehold tenure; shared ownership rent/charges apply
- Local area recorded as very deprived; resale risk possible
A newly built two-bedroom semi in Gloster Drive offered as Shared Ownership — buy a 60% share priced at £201,000 (full market value £335,000). The home is compact (about 650 sq ft) with two bathrooms, an integrated fitted kitchen and two private off-street parking spaces. It carries a 10-year NHBC new-build warranty and an EPC rating of B.
This property suits first-time buyers seeking an affordable route onto the housing ladder. The layout is practical: open-plan living, a small enclosed garden and bedrooms with good natural light. The fitted kitchen includes integrated oven, hob and extractor and the property is newly renovated throughout, so immediate major works are unlikely.
Be clear about the constraints: this is a leasehold Shared Ownership sale, so you will own a 60% share and pay any associated rent/service charges on the remaining share. Council tax banding is not yet provided. The wider area is recorded as very deprived, which may affect future resale values and local services.
Overall, this is a cost-effective way to secure a modern starter home with warranty protection and parking, ideal if you prioritise an affordable entry onto the market and a low-maintenance new build, while accepting the long-term implications of shared ownership and the local area profile.
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