80% shared-ownership two-bed near Sunbury station with balcony, parking and option to buy 100%.
80% shared ownership with option to buy 100% at £300,000
Two bedrooms, second-floor flat with lift access
Private balcony overlooking communal gardens
Allocated parking plus visitor parking
EPC B; built post-2012, double glazed and modern fixtures
Monthly rent £199.94 on remaining 20% share
Service charge c. £202.36/month (includes sinking fund)
Area shows higher deprivation and elevated local crime rates
This well-presented two-bedroom second-floor flat in Magnolia House offers an accessible entry into home ownership via an 80% shared-ownership scheme. The apartment has a modern open-plan reception/kitchen, a private balcony overlooking well-kept communal gardens, and an allocated parking space — practical features for a first-time purchase. The block, built after 2012, has lift access, good double glazing and an EPC B rating, supporting lower running costs.
The tenure is leasehold with 121 years remaining and a monthly rent of £199.94 on the unsold 20% share. There is a clear option to buy the full 100% ownership later at £300,000, giving a straightforward route to full ownership for buyers who want to plan ahead. Service charges and a sinking fund apply at around £202.36 per month (approx. £2,428.68 annually).
Location is a key advantage: the flat is close to Sunbury station and local amenities, with several well-rated primary schools nearby and at least one outstanding secondary option within reach. That said, the immediate area scores higher for deprivation and has a higher-than-average crime rate; buyers should weigh local social factors alongside the property's practical benefits.
Suitable for first-time buyers seeking a manageable, modern home with purchase-upgrade potential, the property should appeal to those prioritising transport links and low immediate maintenance. Check details on charges, permissions and the shared-ownership rent before committing.
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