Summary - Pickering Close, Stoney Stanton, LE9 LE9 4GN
2 bed 1 bath Apartment
- 25% shared ownership: affordable entry at £35,000
- Two bedrooms; main has fitted wardrobes
- Third-floor flat with Juliet balcony and open-plan living
- Two allocated off-street parking spaces
- Service charge approx. £92.29/month; rent £281.53/month
- Small overall size: 543 sq ft — limited internal space
- Lease approx. 77 years — lenders may refuse mortgages
- Low council tax (Band A); well-kept communal garden
A well-presented 2-bedroom third-floor apartment offered as a 25% shared ownership share in a quiet cul-de-sac within walking distance of Stoney Stanton village amenities. Built in 2006, the home has an open-plan living/dining area with Juliet balcony, fitted kitchen, two good bedrooms (main with fitted wardrobes) and a modern bathroom. The block includes well-kept communal gardens, bin store and two allocated parking spaces.
This is a small property (543 sq ft) suited to a first-time buyer seeking affordable entry via shared ownership. It benefits from gas central heating, double glazing, security entry and low council tax (band A). Monthly outgoings include a rent portion (£281.53), service charge (approx. £92.29/month or £1,107.48 annually) and other usual leasehold costs.
Important drawback: the lease has approximately 77 years remaining. Many mortgage lenders are reluctant to lend on leases under around 80 years, so buyers should check financing options carefully. The apartment is generally ready to move into but, given its compact size, storage and space are limited.
Overall, this is a practical, low-maintenance option for a buyer looking to step onto the property ladder with a manageable monthly cost and convenient village location — provided they confirm mortgage availability given the lease term.
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