Low-cost entry to homeownership near town centre and transport links.
25% shared ownership - 25% equity stake available at £40,000
This first-floor, two-bedroom shared ownership flat offers an affordable step onto the housing ladder with a 25% share priced at £40,000. At about 577 sq ft, the apartment has a sensible layout: lounge/diner, fitted kitchen, two bedrooms and a family bathroom. The building is modern (constructed 2007–2011) and benefits from double glazing and gas central heating to radiators.
Practical advantages include allocated off-street parking, communal gardens and a long lease (approximately 128 years remaining). Broadband and mobile signal are strong, and the location provides straightforward access to the town centre, public transport and local amenities including schools and healthcare.
Be honest considerations: the wider area is classified as deprived with higher-than-average crime levels, and some nearby schools vary in Ofsted ratings. The property is leasehold shared ownership (25% share) — buyers should budget for ongoing rent and service/ground rent charges and confirm eligibility for shared ownership. No significant building safety issues have been declared.
This property suits a first-time buyer seeking an economical entry into homeownership or an investor comfortable with shared-ownership terms. Internal viewing is essential to judge room sizes and condition for yourself, and to confirm costs associated with the lease and communal upkeep.