Summary - 57, MOUNDSLEY GROVE B14 4RF
3 bed 2 bath Terraced
Ideal starter home for buyers seeking low-maintenance urban living with update potential.
25% shared ownership townhouse over three floors
This three-bedroom, three-storey terraced townhouse is offered as a 25% shared ownership, suited to first-time buyers or small families seeking an affordable entry into the city. The layout provides a ground-floor kitchen/diner and WC, a first-floor reception with patio doors to the rear garden, and two bathrooms across the upper floors. Solar panels support water heating and the property has mains gas central heating and double glazing.
The home is presented in modern but basic decorative order and will benefit from cosmetic updating to maximise value. The rear garden is low-maintenance with decking and stone areas; parking is available to the front. Energy Performance is C and council tax band is C, keeping running costs relatively reasonable.
Material considerations: this is a leasehold shared-ownership home with around 82 years remaining — lease length may need urgent attention and renewal. Rent/service charge combined is approximately £500 per month; the property sits in an area with high crime rates and marked local deprivation, which will affect resale and lettability in the short term.
Overall this property offers a low-cost route onto the housing ladder or a potential buy-to-let opportunity after improvements, but buyers should factor in lease extension costs, ongoing monthly charges and local area challenges before committing.
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