Affordable shared-ownership flat with excellent transport links and low running costs..
Bright open-plan living and kitchen with integrated oven, hob and extractor fan
Double bedroom with built-in hall storage
Low-maintenance modern bathroom with heated drying rail
25% shared ownership: full price £160,000, share £40,000
Rent £296.05pcm; service charge £172.11pcm
Lease 83 years remaining — needs renewal soon for mortgageability
Walkable to Strood station and town centre; fast broadband and mobile signal
Area deprivation and above-average crime — check local suitability
This one-bedroom shared-ownership flat offers an affordable entry into Strood with a bright open-plan living space and a modern fitted kitchen. The property is compact yet practical, with a double bedroom, built-in hall storage and a contemporary bathroom featuring a bath, shower and heated drying rail. Integrated oven, hob and extractor fan keep the kitchen low-maintenance and ready to use.
Situated within walking distance of Strood town centre and train station, the flat benefits from fast public-transport links to London, excellent mobile signal and fast broadband — useful for commuters and first-time buyers. Local shops, parks and a mixture of state and independent schools are nearby, and the development is described as quiet and well maintained.
Important practical points: the flat is sold as a 25% shared ownership share (£40,000) with rent of £296.05pcm, service charge £172.11pcm and 83 years remaining on the lease. The short lease will need addressing promptly as a material issue for mortgageability and future resale. The surrounding area is relatively deprived and has above-average crime rates, so buyers should check local safety data and suitability.
Overall this is a low-upkeep, commuter-friendly flat that suits a first-time buyer seeking affordability and convenience. It offers immediate move-in condition for everyday living, but the limited lease length and local area factors are significant and should be factored into purchase and financing decisions.
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