Low-maintenance 50% shared ownership flat for the over‑55s — chain free but lease limits buyers.
50% shared ownership for over-55s, suitable for downsizers or low-maintenance living
Ground/first-floor access with communal gardens and one allocated parking space
Approximately 614 sq ft — compact but spacious-through living area
Electric storage heating and double glazing (installed before 2002)
Service charge £88.74/month and monthly rent on unsold share £185.15
Lease has 64 years remaining — many lenders likely to refuse mortgage
Located in a very deprived area with higher crime; check local services
Chain free but confirm costs and lease implications with solicitor
A purpose-built two-bedroom apartment for over-55s, offered as 50% shared ownership, gives access to low-maintenance living with communal gardens and an allocated parking space. The layout includes a roomy through-lounge, separate kitchen, two bedrooms and a modern walk-in shower, suited to downsizers wanting straightforward, single-floor-style living with minimal garden upkeep.
Buyers should note a material lease issue: 64 years remain on the 99-year lease and mortgage lenders may refuse lending. There is a monthly service charge (£88.74) and monthly rent on the unsold share (£185.15) — total running costs and lease length should be checked with a solicitor and lender before committing.
The flat is heated by electric storage heaters and has double glazing (pre-2002). The property sits in a major-conurbation area with fast broadband and strong mobile signal but is in a very deprived neighbourhood with higher local crime rates; prospective purchasers should review local services and personal security arrangements.
Chain free and modest in size (approximately 614 sq ft), this apartment suits someone seeking an affordable, low‑maintenance home close to amenities and transport links, or an investor who understands the shared‑ownership model and lease constraints.
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