Modern semi-detached shared-ownership home with garden and parking, ideal for first-time buyers..
50% shared ownership — share price £212,500; rent £512.96 monthly
Built in 2020, this three-bedroom semi-detached home offers modern living spaces, an enclosed rear garden and off-street parking for two cars. The ground floor has a generous kitchen/diner with integrated appliances and patio doors, plus a bright dual-aspect living room leading to the garden. Upstairs are three bedrooms, a main en-suite and a family bathroom — a practical layout for couples or small families.
This property is offered as shared ownership (50% share) at £212,500 with a monthly rent of £512.96 and a service charge of £16.47. There is an 80% staircasing cap, so buyers should plan long-term ownership expectations accordingly. The tenure is leasehold and buyers should review the lease length and terms before committing.
Practical strengths include mains gas central heating, good broadband and excellent mobile signal, low flood risk, and a below-average service charge. The neighbourhood is an ageing rural community on the small town fringe, with local schools rated Good and easy access to nearby amenities. Crime levels are average.
Notable limitations: the property sits in an area classified as deprived and the shared ownership model limits immediate full equity. The vendor’s full market valuation (£425,000) indicates potential capital value, but staircasing restrictions and ongoing rent affect total cost. Images provided are generic, so buyers should inspect the actual home to confirm condition and finishes.
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