Low-deposit entry with private balcony and good transport links.
25% shared ownership available for £110,000 (based on £440,000)
This bright first-floor apartment in Sylvan Hill offers a practical entry onto the housing ladder via Shared Ownership. The open-plan living room and modern kitchen give a contemporary, easy-to-live-in layout, with a private balcony, bike storage and communal grounds providing useful outdoor space. The property is well-presented, has an EPC rating of B, and benefits from excellent mobile signal and fast broadband — suited to commuting professionals or couples.
The home is offered as a 25% share for £110,000 (based on a £440,000 valuation). Monthly outgoings for the 25% share are: rent £940.25 and average service charge £156.54 (total £1,096.79), plus any mortgage payments. Note there is an annual rent increase each April, and the scheme has eligibility and allocation rules that can prioritise local applicants.
Practical positives include a very long lease (995 years), low local crime, good nearby schools including an Outstanding secondary, and direct public-transport links — the station is about a 16-minute walk with routes into central London in under an hour. The property suits first-time buyers or small households looking for low deposit entry (from a 5% minimum deposit on the share).
Important considerations: this is a shared-ownership, leasehold flat so you will pay ongoing rent and service charges, and there are allocation and eligibility requirements. Seek independent legal and financial advice to check mortgage availability and that shared-ownership terms meet your long-term plans.
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