Affordable shared-ownership opportunity near Cotswold Water Park and village amenities.
35% share offered at £89,950 with staircase option to 50%
New kitchen, new family bathroom and solid-roof garden room
Low-maintenance landscaped rear garden with gated access
Driveway space plus one allocated parking spot
Monthly rent £366.37 and buildings insurance £12.64
Lease has 63 years remaining; mortgage risk until extended
Lease extension application submitted to reach 125 years
Slow broadband and medium local flood risk to consider
A well-presented two-bedroom shared-ownership house in South Cerney, offered at £89,950 for a 35% share with scope to purchase up to 50%. The current owner has carried out extensive updates including a new kitchen, a solid-roof garden room with skylight and a newly fitted family bathroom, creating a bright, low-maintenance home ready to move into.
Practical features include driveway parking plus one allocated space, a landscaped gated rear garden and gas central heating. The cottage-style exterior and modern interior suit a first-time buyer or someone seeking a manageable home near local amenities and the recreational facilities of the Cotswold Water Park.
Important practical considerations are set out plainly: this is a shared-ownership sale with monthly rent of £366.37 and buildings insurance of £12.64. The lease currently shows 63 years remaining — lenders commonly refuse mortgages on short leases. An application has been submitted to extend the lease to 125 years, but buyers should satisfy themselves on the extension status and mortgage options before committing.
Other local selling points include very low crime, good primary schools nearby and easy access to village facilities. Note slower broadband speeds and a medium flood risk for the area; these are factual factors to check against personal needs and insurance requirements.
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