Affordable 45% shared-ownership one-bed with patio, balcony and parking.
45% shared ownership — affordable entry but partial ownership applies
This ground-floor one-bedroom flat is offered as 45% shared ownership, ideal for a first-time buyer seeking an affordable route onto the property ladder. The open-plan kitchen/living area opens onto a private patio, and the double bedroom has direct access to a rear balcony — practical outdoor space for a compact urban home. Heating is by mains gas with high-performance glazing throughout.
Practical features include one allocated off-street parking space, a storage cupboard and a modern three-piece bathroom. The development is purpose-built with low-maintenance brick elevations and faces landscaped communal areas. Prittlewell station, Southend Hospital, the A127 and Priory Park are all within easy reach, making commutes and local amenities convenient.
Material drawbacks are clear and important: the property is leasehold with 98 years remaining, offered as shared ownership (45%), and carries an average service charge of £2,160 per year. The local area records high crime levels and is classified as very deprived, which may affect resale and long-term capital growth. The accommodation is modest in size (approximately 536 sq ft) and best suited to a single person or couple.
Overall this is a practical, low-maintenance starter home or buy-to-let opportunity in a well-connected part of Southend-on-Sea. Buyers should budget for the service charge and understand the shared-ownership terms and local area challenges before committing.
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