75% shared ownership; 117 years left on lease
A tidy, move-in-ready two-bedroom semi-detached home built in 2017, offered as a 75% shared ownership. The open-plan ground floor with French doors to a landscaped rear garden creates a bright, practical living space for a first home or small family. Allocated off-street parking and a summerhouse with power add usable outside space and storage.
The property is compact at around 445 sq ft, so rooms are best suited to efficient living rather than generous proportions. Leasehold details are straightforward: 117 years remaining, monthly rent on the unsold 25% share currently £116.41, service charge £38.21 and building insurance charged £154.62 monthly. Buyers should check affordability for combined rent, service charge and mortgage payments.
Location benefits include fast broadband, excellent mobile signal, good nearby schools and local amenities in Penkridge. There is no flooding risk and the home has modern gas central heating with a boiler and radiators. However, the surrounding area records higher crime levels and broader area deprivation indicators; viewings should include a local area check for personal comfort and safety.
Internally the home is well presented with laminate and carpeted floors, a fitted kitchen with integrated appliances, a guest WC and a contemporary family bathroom. The property offers low-maintenance living with potential to personalise cosmetics where desired. Shared ownership makes this accessible for first-time buyers but restricts full ownership until a higher share is purchased.
