47% shared ownership three-bed with garden and parking on Graven Hill — clarify charges first.
47% shared ownership — partial purchase, not full ownership
Leasehold with c.119 years remaining
Listed rent/ground charge £536.23 — confirm frequency and details
Service charge low at £8.50; building insurance £19.32
Three bedrooms, one bathroom — family layout but single bathroom
Off-street parking and private rear garden
Good condition throughout; modern interiors and patio doors
Very low local crime, fast broadband, nearby schools rated Good
A well-presented three-bedroom town house on the popular Graven Hill development, offered at 47% shared ownership. The property provides an accessible first-step on the housing ladder with off-street parking, a private rear garden and comfortable, modern living spaces across two storeys. Interiors are described as being in good condition and include a light living room with patio doors to the garden.
Practical running costs are partly transparent: there is a service charge of £8.50, building insurance £19.32 and a management fee of £5.15. The lease has around 119 years remaining, but the listing shows a substantial rent/ground charge of £536.23 which prospective buyers should confirm the frequency and exact nature of (rent vs ground rent) with the managing body before viewing.
This house suits first-time buyers aiming to buy into a family-oriented, low-crime neighbourhood with fast broadband and nearby schools rated Good. The 47% shared ownership model reduces the purchase price but limits full ownership and may affect future mortgage and sale options.
Important negatives: tenure is leasehold/shared ownership rather than freehold; there is only one bathroom for three bedrooms; noted charges include a relatively high-sounding £536.23 ground/rent figure. These points are material and should be clarified before committing to a viewing or offer.