Contemporary three-bed on 50% shared ownership — ideal for first-time buyers..
50% shared ownership — accessible entry into the property market
Three bedrooms, modern interior, built in 2020
123 years remaining on the lease (leasehold)
Approx 904 sq ft; enclosed rear garden and off-street parking
Monthly rent/service for remaining 50% approx £405.87 (verify legally)
Service charge recorded at £486 (below average) — confirm coverage
Single bathroom only — may be tight for larger families
Area flagged as very deprived despite low crime and good schools
This recently built three-bedroom semi-detached home on Tedder Grove offers modern, manageable living ideal for first-time buyers. Built in 2020, the property feels fresh throughout with a contemporary kitchen, bright lounge and enclosed rear garden for outdoor use.
Available as 50% shared ownership, the purchase provides an accessible route onto the ladder while retaining many benefits of a new development — gas central heating, an EPC B rating and fast broadband make it practical for everyday family life and homeworking. Off-street parking and nearby good schools add to the appeal for families.
Important facts to note: the property is leasehold with 123 years remaining. The remaining 50% carries an ongoing monthly charge for rent and service of about £405.87 (to be verified by your solicitor). A service charge figure of £486 is recorded (below average) — clarify whether this is annual and what it covers before proceeding.
Overall, this is a well-presented, low-maintenance home that suits buyers seeking affordable entry into a modern development. If you need a larger share of ownership or complete mortgage independence, factor in the additional monthly cost and leasehold obligations when calculating affordability.