Summary -
34 Phillips Crescent,Martlesham Heath,MARTLESHAM,IP5 4AB
IP5 4AB
3 bed 1 bath End of Terrace
Affordable route onto the ladder with modern finish and parking.
40% shared ownership option — £148,000 for advertised share
A brand-new three-bedroom end-of-terrace offered through shared ownership, ideal for buyers looking to step onto the property ladder with a lower upfront cost. The home is recently renovated/new-build standard, with bright neutral interiors, a kitchen-diner and allocated off-street parking. Broadband and mobile signal are strong, supporting home working and streaming.
The share advertised is 40% for £148,000 (full market value £370,000). Other share options from 25%–75% are available; the remaining share is rented back at £508.75 monthly for a 60% share. Service charge is modest at £80.07 per month (£960.84 annually). Tenure is leasehold and the property is managed under Havebury shared ownership terms.
Practical drawbacks are factual and important: the home has one bathroom only and the overall footprint is described as small (approx. 730 sq ft). The local area is noted as very deprived, which may affect long-term demand or resale timing. Buyers should also be comfortable with leasehold/shared ownership rules and monthly rent/service charges alongside mortgage costs.
For first-time buyers this property offers an accessible route into a three-bedroom home in Martlesham Heath, with scope to staircase (buy more shares) later. It suits those prioritising low upfront cost, modern finish and good digital connectivity, while accepting smaller living space and some social-economic challenges in the wider area.
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