Summary - WHOLE COMPLEX, ADASTRAL PARK IP5 3RE
1 bed 1 bath Apartment
Affordable new-build ownership for eligible first-time buyers close to major transport links.
- 75% shared equity purchase, no rent on remaining 25%
- One double bedroom, open-plan kitchen/diner/lounge
- 999-year lease and zero ground rent for long-term security
- Allocated off-street parking space included
- New-build specification with integrated kitchen appliances
- Service charge £656 (below average); communal maintenance covered
- Local connection eligibility and possible additional leasehold fees
- Small, average-sized apartment — limited space for larger households
A newly built one-bedroom apartment offered as a 75% shared equity opportunity in the Brightwell Lakes development, suited to first-time buyers seeking a low-entry route to homeownership. The apartment has an open-plan kitchen/diner/living area, a double bedroom and an allocated off-street parking space. The 999-year lease and zero ground rent give long-term security, and the property sits in an affluent, low-crime area with fast broadband and strong transport links to the A12, A14 and nearby train stations.
Practical running costs are reasonable: a below-average service charge of £656 and no rent on the retained 25% share. The specification is modern with integrated kitchen appliances and full-height bathroom tiling; landscaped communal grounds reduce maintenance for owners. The location benefits from good local schools, shops and regular bus routes, making it convenient for work or commuting.
Important points to note: this is a shared ownership purchase with a 75% share—eligibility rules apply and a local connection to East Suffolk Council is required initially. Additional fees (leasehold packs, legal costs) may be payable, and CGI/images may not represent the finished plot exactly. Prospective buyers should arrange their own checks on services and appliances before exchange.
Overall this is a practical, low-maintenance first home or entry-level investment in a contemporary development, offering long lease security and convenient transport links, provided you meet the shared ownership eligibility and accept potential additional administrative costs.
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