50% shared ownership at fixed price £115,000
A ready-to-move-into three-bedroom townhouse offered as a 50% shared ownership at a fixed price of £115,000. The house is arranged over two floors with a contemporary lounge, luxury kitchen/diner and a modern bathroom. An enclosed rear garden and driveway provide private outdoor space and off-street parking for two cars.
This home suits first-time buyers looking to get on the ladder with a lower up-front cost. The long lease (121 years remaining) and below-average service charge (£66.16 annually) make ownership straightforward, while excellent mobile signal and fast broadband support home working and leisure.
Buyers should note this is a leasehold shared ownership sale: a 50% market share is available with a current monthly rent on the unsold 50% of £245.73. Purchasers will need to complete the provider’s shared-ownership application and meet eligibility criteria. There is one family bathroom serving three bedrooms, which may be limiting for larger households.
Location benefits include a sought-after modern development just off Sowgate Lane, close to local shops, transport links and several primary and secondary schools rated Good. The property has no identified flood risk and sits in an affluent area with average crime levels.