Affordable entry to village living with low-maintenance outdoor space and parking.
Two-bedroom semi-detached bungalow, single-storey layout and private garden
40% shared ownership price £150,200 (full market value £375,500)
123 years remaining on lease — long lease for a new build
Air source heat pump heating included; energy-efficient modern system
Two off-street parking spaces; village location near River Avon
Service charge £7,092.48 pa (above average); rent/service charge £591.04 pcm
New build (2024) with practical finishes; vinyl flooring in kitchen/bath
Leasehold tenure — review lease terms and ongoing charges carefully
A newly built two-bedroom semi-detached bungalow on a modern development in the picturesque village of Welford On Avon. Offered on a 40% shared ownership basis, Plot 18 gives lower-entry access to a full market value home — purchase price £150,200 based on a £375,500 valuation. The property is single-storey and designed for low-maintenance living, with a turfed rear garden, two off-street parking spaces and straightforward accommodation: entrance hall, fitted kitchen, lounge and bathroom/WC.
Heating is provided by an air source heat pump and the kitchen comes fitted with hob, oven and extractor. The finish is practical rather than high-end — vinyl flooring in the kitchen and bathroom and screen fencing to the garden — which keeps running and upkeep expectations modest. The 123-year lease offers long-term security typical of new build shared ownership, and the site benefits from low local crime, excellent mobile signal and a pleasant village setting close to the River Avon.
Costs and restrictions are important to note: the property is leasehold with a service charge of £7,092.48 per year (described as above average) and a combined rent/service charge of £591.04 per month on the 40% share. These ongoing charges affect affordability and should be factored into budgeting alongside monthly rent on the unsold equity. Council tax band is unspecified.
This bungalow will suit buyers seeking a quiet, rural lifestyle with lower upfront cost—particularly those downsizing or seeking a manageable step onto the property ladder via shared ownership. It is not aimed at buyers wanting a large garden, high-end finishes, or a wholly independent freehold home; prospective purchasers should review the lease and service charge details before committing.