Affordable modern three-bedroom home for first-time buyers wanting low-maintenance living.
40% share purchase; full market value £325,000
10-year NHBC build warranty included
Two allocated off-street parking spaces
Private rear garden accessed via patio doors
Downstairs WC for added convenience
Single upstairs family bathroom only
Leasehold/shared ownership tenure; rent payable on remaining share
Incentives offered; confirm terms and conditions
This three-bedroom new-build semi-detached home on Cottonwood Road offers an accessible route onto the property ladder via Shared Ownership. The layout includes a living room, open-plan kitchen/diner with patio doors to a private garden, a downstairs WC, and three bedrooms upstairs. Two allocated off-street parking spaces add everyday convenience. The property comes with a 10-year NHBC build warranty and modern fittings, making it low-maintenance for first-time buyers.
Important factual points are the tenure and cost structure: the advertised price is for a 40% share (full market value £325,000), with the remaining equity owned by the landlord. The home is leasehold/shared ownership with 990 years remaining on the lease; buyers should budget for rent on the unsold share and check service charges and eligibility criteria. There is a single family bathroom upstairs, which may be a consideration for larger households.
Location is a strong selling point for commuters and families alike. Red Lodge sits between Newmarket and Bury St Edmunds with good A11/A14 links, local shops, green spaces, and several well-rated primary schools nearby. This is a practical, modern starter home for buyers wanting low-maintenance new construction and convenient access to employment hubs.
Notes and caveats: marketing images are indicative CGI and some exterior/plan details may vary between plots. Buyers should confirm final specifications, incentive terms, service charge levels, and exact layouts before exchange. Shared ownership eligibility and staircasing options apply and will affect ongoing costs and future ownership plans.
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