Affordable two-bed retirement flat with private entrance and parking, chain free.
50% shared ownership, purchase price £30,000
A first-floor, two-bedroom retirement apartment offered on a 50% shared ownership basis, priced at £30,000. The flat has a private entrance, communal gardens and off-street parking, and is for over-55s in a residential development close to local shops and bus routes. Leasehold with approximately 99 years remaining; no onward chain.
The accommodation requires general modernisation throughout — the kitchen, bathroom and living areas show dated 1970s–1980s finishes and the property currently relies on electric night storage heaters. Monthly outgoings include rent of £312.18 for the unsold share and a service charge averaging £87.49 covering maintenance, grounds, lighting, insurance and the emergency call system.
This is a compact (c.512 sq ft) option suited to downsizers or buyers seeking an affordable way into retirement housing with scope to personalise. Applicants will be vetted by the housing association and must meet shared-ownership income eligibility criteria. Note the local area shows higher crime and deprivation levels; purchasers should satisfy themselves on suitability and safety prior to offer.
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