Summary - Flat 9, Mandrel House, 10 Old Barn Lane CR8 5FN
2 bed 2 bath Flat
Contemporary 2-bed with parking and long lease — ideal shared ownership start.
50% shared ownership — lower deposit but you buy a share, not full freehold
Long lease (119 years) offering tenure security
Allocated off-street parking included
Open-plan living with Juliette balcony, lots of natural light
Main bedroom with private en suite shower room
Built 2019 — modern construction and contemporary finishes
Service charge £128pcm (below average); ground rent £150pa
Average-sized 750 sq ft; communal grounds modest
A modern, well‑specified two-bedroom apartment finished in 2019, suited to first-time buyers seeking an affordable step onto the property ladder. The open-plan living, dining and kitchen area benefits from large windows and a Juliette balcony, bringing good natural light into the principal living space. The main bedroom includes an en suite shower room and there is a separate fully tiled family bathroom.
Practical comforts include an allocated off-street parking space, lift access, secure video entry and a long lease of 119 years, all aiding convenience and resaleability. Service charge is £128pcm (below average) and ground rent is £150pa — predictable running costs for a leasehold flat. The 50% shared ownership structure reduces the upfront price, making this an attractive option for buyers who need a lower deposit and monthly cost.
Location works well for commuters and families: the building sits close to bus stops with rail connections to central London, local shops and good schools nearby, and open green spaces such as Riddlesdown Common within easy reach. The development is set back from the main road behind a maintained communal lawn, offering a degree of separation from passing traffic.
Notable drawbacks are the leasehold/shared-ownership tenure — you buy a 50% share and will have ongoing service charge and ground rent commitments. The communal grounds are modest and the flat is average-sized at around 750 sq ft, so storage and layout may feel compact to some. Street-level bus stops and the main road nearby could bring occasional noise despite the setback.
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