Affordable shared ownership option with terrace and parking.
- Two-bedroom ground-floor flat with private terrace
- Shared Ownership 50% option; share price £142,500
- Full market value £285,000; monthly rent £349.03
- Leasehold with 114 years remaining
- Monthly service charge £69.32 (below average)
- Off-street parking included
- EPC B and low local crime
- Broadband speeds reported slow
A practical two-bedroom ground-floor flat offered via Shared Ownership, priced at a 50% share of £142,500. The layout includes an entrance hall, open-plan kitchen/dining/reception, two bedrooms, a family bathroom and a private terrace. Off-street parking and an EPC B rating add to everyday convenience.
This tenure suits first-time buyers seeking a lower deposit and mortgage requirement; monthly outgoings include a rent element (£349.03) and a modest service charge (£69.32). The lease has 114 years remaining, providing long-term security typical of modern leasehold developments.
Be aware of a few practical limitations: the property is average-sized with limited internal space compared with a house, and local broadband speeds are reported slow. The flat appears well located for low local crime, good schools and suburban amenities, making it a sensible entry-level purchase for those prioritising affordability and access over expansive living space.
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