Affordable entry in a popular suburban development with driveway and garden.
25% shared ownership; £85,000 for the share
A modern three-bedroom semi in Orchard Meadows offered as a 25% shared ownership — an affordable route into a very affluent suburb. Built in 2022, the home benefits from an NHBC warranty, an EPC B rating and practical extras including driveway parking for two, an EV charging point and a private rear garden. The open-plan kitchen/diner with French doors gives a bright family hub, while the living room and three well-proportioned bedrooms provide flexible space for living or home working.
This is a genuinely lower-cost entry point: a 25% share is priced at £85,000. Buyers should note the ongoing costs — rent of £560 pcm on the unsold share, a service charge of £17.68 pcm, and an annual estate/management fee of about £131.50. The property is leasehold (990 years remaining) and all purchasers must pass affordability and eligibility checks with the landlord. There are also small completion fees (mortgage approval £60, notice fee £90) and rent/payment timing requirements on completion.
For first-time buyers the location and specification are strong draws: very low local crime, fast broadband, excellent mobile signal and nearby outstanding primary schools. The house is practically new, energy-efficient and ready to occupy with minimal maintenance required. The combination of a long lease, NHBC cover and modern heating should keep running costs reasonable.
Important negatives are straightforward: this is a shared-ownership leasehold arrangement with monthly rent and management fees, and eligibility checks apply. If you require full ownership immediately, this route will not be suitable. Otherwise, it’s a cost-effective way to secure a high-spec home in a sought-after suburb with good local schools and transport links.