Affordable 50% shared-ownership two-bed with terrace, parking and long lease..
- 50% shared ownership; 50% full price £320,000
- Share price £160,000; rent approx £368.03 pcm
- Private terrace and French doors to outdoor space
- Off-street parking included
- 668 sq ft; two bedrooms, one bathroom
- Service charge approx £247.74 pcm (£2,972.88 pa)
- Long lease remaining (circa 169 years)
- Single bathroom; ground-floor location may reduce privacy
A well-presented ground-floor two-bedroom flat in a modern purpose-built block in Upper Norwood. The home offers a separate kitchen, a generous living area with French doors opening to a private terrace, and off-street parking — practical features for everyday life and entertaining.
Offered as a 50% shared ownership opportunity, the asking share price is £160,000 with an approximate rent of £368.03pcm and service charges of £247.74pcm (annual service charge c. £2,972.88). The flat is circa 668 sq ft, has gas central heating, double glazing and an EPC rating of C. The remaining lease is long (about 169 years), making this suitable for buyers seeking an affordable entry onto the property ladder.
Note the material financial commitments: ongoing rent and service charge payments alongside mortgage costs, and the flat has a single bathroom. The property is straightforward and ready to move into, but buyers should factor shared-ownership rules and monthly charges into affordability calculations.
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