Spacious two-bed shared-ownership flat with parking and modern fittings, ideal for first-time buyers.
75% shared ownership — no rent on remaining 25%
This bright two-bedroom apartment in Cooden Ledge offers a practical step-on-to-the-ladder purchase via 75% shared ownership. The 16ft lounge with Juliette balcony and a 15ft main bedroom give a sense of space, while an integrated kitchen and modern bathroom mean you can move in with minimal immediate work.
Practical running costs are clear: gas central heating, double glazing, an allocated off-street parking space and a healthy lease of about 105 years remaining. Service charge and ground rent are payable (£1,624pa and £200pa respectively), and council tax sits in Band B, keeping ongoing costs relatively low for the area.
Important restrictions apply: letting and short-term rental (Airbnb) are not permitted, which limits buy-to-let potential. Pets are allowed by agreement. The property suits a first-time buyer or downsizer who values coastal suburb convenience and wants a low-maintenance, ready-to-live-in home with long lease security.
Situated on the western edge of St. Leonards, the flat gives straightforward access to nearby towns, transport links and local amenities. While the property is in generally good decorative order, buyers should note the shared-ownership arrangement and recurring service/ground charges when assessing affordability.
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