Affordable shared-ownership home with on-site gym and parking.
One bedroom apartment with private balcony and lift access
This one-bedroom shared ownership apartment offers a straightforward entry to Stanmore living. Set within a modern 2003–2006 development, the flat benefits from a private balcony, lift access, allocated off-street parking and a residents-only gym. The 614 sq ft layout is practical and bright, suited to a single occupant or couple wanting low-maintenance accommodation close to local amenities and good transport links.
The long lease (111 years) gives security for the purchaser, and communal services are well specified: double glazing, mains gas via a community heating scheme, and fast broadband. Local indicators are positive — very low crime, schools rated Good nearby, and an area popular with young families and students. The building’s shared facilities and secure setting create a convenient, social environment.
Important practical points: this is a shared ownership sale and the annual service charge is around £3,000, with a small ground rent of £150. Buyers should confirm what proportion of the lease is being offered and the implications for future staircasing and mortgage availability. Community heating can reduce individual boiler maintenance but may affect running costs and control.
Overall, the property suits first-time buyers seeking an affordable step onto the ladder with modern fittings and on-site amenities. It delivers convenience and security but requires consideration of shared-ownership rules and ongoing communal costs before proceeding.
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