Affordable 2-bed shared ownership flat with allocated parking and fast broadband..
27% shared ownership; 27% share price £54,675
A compact two-bedroom flat offered via a 27% shared ownership scheme, ideal for first-time buyers seeking an affordable route onto the ladder. The 587 sq ft apartment sits within a modern post‑war development and provides an open-plan living/dining area, a fitted kitchen and allocated off-street parking.
Practical running costs are straightforward: current part-buy, part-rent share price is £54,675 (full market value £202,500), with an approximate rent on the un‑owned share of £376 pcm, annual service charge of £506.40 and ground rent of £150. The lease has around 120 years remaining.
Local conveniences are strong — fast broadband, excellent mobile signal, nearby shops, mosque and community amenities. Several well-rated schools are within reach, including two Outstanding secondaries, which will suit young families or buyers planning to grow into the home.
Buyers should note material drawbacks: the wider area shows higher crime levels and is classed as deprived, and the flat is small in overall size so storage and space are limited. The property is suited to first-time buyers or investors comfortable with shared ownership and an urban neighbourhood setting.
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