Summary - 5 Roman Bank, SPALDING PE11 2HN
3 bed 2 bath Terraced
40% share of a modern three-storey townhouse — affordable route onto the ladder..
3 bedroom modern townhouse built 2022 with EPC B84
40% shared ownership; approx. £357.43 monthly rent payable
Long lease (987 years) but tenure is leasehold/shared ownership
Integral single garage plus driveway parking for two vehicles
Private enclosed rear garden, low-maintenance paved frontage
Medium river flood risk; surface-water risk low
Area has high crime rates and local deprivation indicators
Fast broadband availability; mains gas central heating
A modern three-storey mid-terrace offered as a 40% share through Amplius shared ownership, this townhouse is a direct route onto the ladder for first-time buyers. Built in 2022, the home feels new and low-maintenance, with gas central heating, an integral garage, driveway parking and a private enclosed rear garden for outdoor use.
Accommodation is arranged over three floors: entrance hall with utility and internal garage access on the ground floor; a kitchen/diner, lounge and cloakroom on the first floor; and three bedrooms with a contemporary family bathroom on the top floor. The layout suits a young family or couple wanting separate living and sleeping zones and easy adaptability of space.
Important practical points you should weigh up: this is a leasehold shared-ownership sale (40% share) with a long remaining lease (987 years) and an ongoing monthly rent charge (approximately £357.43 per month). The property sits in an area with higher crime levels and local deprivation indicators, and there is a medium risk of flooding from rivers — surface-water risk is low but river risk is medium.
On the positive side, the house has an EPC rating of B84, fast broadband availability, mains gas heating and modern finishes throughout. Nearby schools include several rated Good or Outstanding, and local amenities (supermarket, bus links, shops) are within easy reach. Overall, this is a practical, modern home that provides an affordable ownership route, but it suits buyers who accept shared-ownership costs and the local area risks.
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