Summary - 48, TYLERS RIDE, CHELMSFORD, SOUTH WOODHAM FERRERS CM3 5ZT
1 bed 1 bath Apartment
Compact, low-maintenance ground-floor home for first-time buyers.
55% shared ownership — affordable entry into homeownership
A ground-floor, one-bedroom shared ownership home positioned close to South Woodham Ferrers town centre, ideal for a first-time buyer seeking low-maintenance, central living. The apartment is compact but well-presented, with a generous double bedroom, fitted kitchen and white bathroom. PVCu double glazing and an EPC B contribute to reasonable running costs.
The property is offered as 55% shared ownership (no rent on the balance noted) with approximately 104 years remaining on the lease. Heating is by electric storage/economy 7, which keeps installation simple but can mean higher energy bills compared with gas. Communal facilities include a lawned garden, cycle storage, washing line and 14 communal parking spaces serving 18 apartments (off-street parking accessed by an electric barrier).
Practical buyers will value the secure entry phone, ground-floor access and proximity to local shops, buses and schools. Note the small overall footprint (around 375 sq ft) — good for single occupants or couples but limited for those needing lots of space. There is a modest ground rent of £100 and some housing association criteria apply.
Buyers should be aware of local factors: crime is reported as high in the immediate area, and the property is leasehold/shared ownership, which carries restrictions compared with freehold. For someone looking for an affordable, centrally located first home or a straightforward investment, this is a sensible, chain-free option with immediate occupancy potential.
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