80% shared ownership; modern two-bed close to Sunbury station and communal gardens..
80% shared ownership option available — buy 80% for £240,000, rent on remaining 20%
Two-bedroom second-floor flat with balcony overlooking communal gardens
Allocated parking space plus visitor parking; lift access to second floor
Modern fitted kitchen, good storage, and contemporary bathroom (EPC B)
121 years remaining on lease; leasehold tenure with service charges
Service charge and sinking fund c. £202.36/month — factor into costs
Area flagged as deprived with high local crime — important to consider
Convenient for Sunbury station; average broadband but excellent mobile signal
Set on the second floor of Magnolia House, this two-bedroom shared ownership flat offers a ready-to-live-in layout and good natural light. The open reception/kitchen opens onto a balcony that overlooks well-kept communal gardens, adding private outdoor space without maintenance work. The modern kitchen and bathroom, gas central heating and an EPC rating of B make the apartment energy-efficient and practical for everyday living.
This property is promoted as an 80% share option: buy 80% for £240,000 with a monthly rent of £199.94 on the remaining 20%. The flat includes an allocated parking space and visitor parking, lift access, built-in storage and a useful utility cupboard with plumbing for a washing machine. The 121-year lease remaining offers long-term security for buyers.
Important practical points: the property is leasehold with a service charge and sinking fund totalling £202.36 per month. The wider area scores as deprived with a high local crime level, which may be a consideration for some buyers. Broadband speeds are average, although mobile signal is excellent and Sunbury station is conveniently close for commuters.
This home will suit first-time buyers or those trading down who want a manageable, low-maintenance flat close to transport links. It also has potential for buy-to-let investors within the shared ownership framework, but purchasers should check rental permissions and running costs before committing.
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