Summary - Flat 87 Prospects Place, 16 Fairfax Drive SS0 9FR
2 bed 1 bath Apartment
- 45% shared ownership; staircasing available but additional cost likely
- Approximately 549 sq ft; two double bedrooms
- Open-plan fitted kitchen/reception with balcony
- Off-street residents' parking and communal grounds
- Long lease (about 120 years) and EPC rating B (energy-efficient)
- Service charge approx. £2,400 per year; factor into running costs
- Located in an area of high deprivation and above-average crime
- Council tax band C; mains gas heating via boiler and radiators
A well-presented two-bedroom ground-floor apartment offering 45% shared ownership, ideal for a first-time buyer stepping onto the ladder. The open-plan fitted kitchen and reception room lead onto a balcony, giving a light, airy feel across the main living space. Both bedrooms are doubles and there is built-in storage for everyday practicality.
Practical strengths include off-street residents’ parking, communal grounds, an energy-efficient B-rated EPC and a long lease of around 120 years. The flat measures about 549 sq ft and has gas central heating via boiler and radiators, keeping running costs straightforward. Council tax sits at a relatively affordable band C.
Important drawbacks are factual: the property sits in an area with very high deprivation and above-average local crime levels, which may concern some buyers. Service charges average around £2,400 p.a., and this is a leasehold shared-ownership arrangement (45% sale), so purchasers should budget for ongoing charges and staircasing costs if they later want to increase ownership.
Overall this is a compact, modern apartment that offers a low-entry-price route into ownership with practical features and good transport and local amenities nearby. It will suit buyers prioritising value and convenience, provided they are comfortable with the local area profile and leasehold/shared-ownership commitments.
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