Shared-ownership ground-floor home with garden and parking, ideal for downsizers.
- 70% shared ownership for over-60s, no rent on remaining 30%
- Ground-floor lounge with patio doors onto communal garden
- Off-street resident and visitor parking available
- Small overall size: about 555 sq ft, limited storage
- Dated kitchen requiring modernization and updating
- Lease term circa 60 years; many lenders may refuse to lend
- Service charge approx £281.71 per month; ongoing cost
- Local area: high crime and very deprived; consider location impact
A ground-floor, two-bedroom retirement apartment offered as 70% shared ownership for over-60s, set within a modern red-brick block with secure intercom entry. The lounge opens via patio doors onto a communal garden, and the home includes off-street resident and visitor parking. Service charge is quoted at £281.71 per month and council tax is very low.
The layout suits a downsizer seeking manageable space and easy outside access. The kitchen is dated and would benefit from modernization; the property is small (approximately 555 sq ft) so storage and room sizes are modest. Broadband speeds are slow in the area but mobile signal is excellent.
Important lease information: the unexpired lease is reported as 60 years. This is likely to restrict mortgage options — many lenders may refuse to lend on a property with this term remaining. Buyers should obtain solicitor confirmation of lease length and seek mortgage advice early.
Location notes: the building sits in a major conurbation with regular bus links nearby. The immediate area shows high crime levels and significant deprivation, which may concern some buyers. Positives include a nearby good primary school and easy local transport; however, the communal setting and service charge mean ongoing costs and shared maintenance responsibilities.
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