Affordable two-bedroom with ensuite, balcony and garage for first-time buyers.
25% share price £66,250; rent on unsold equity £455.47 monthly
This two-bedroom shared-ownership apartment offers an affordable route onto the property ladder with a 25% share priced at £66,250 and a monthly rent on the unsold equity of £455.47. Set over a practical layout, the main bedroom includes an ensuite and the living room opens onto a private balcony, giving useful extra living space and natural light. The home is a new-build specification with integrated kitchen appliances, Amtico-style flooring, gas central heating and solar panels that help reduce running costs.
The property sits on a long 999-year lease and includes a garage for private parking—useful for commuters or families with a car. Broadband speeds are reported as fast and mobile signal excellent, supporting home working and streaming. Internal space is around 759 sq ft across an average-sized footprint and on two storeys accessed via a personal stairwell.
Important neighbourhood facts: this location is in a very deprived area with a high local crime rate and is classified as serving young, hard-pressed families and challenged communities. These are material considerations for buyers weighing safety, resale prospects and day-to-day convenience. There is no flood risk recorded.
Suitable for a first-time buyer seeking low-cost entry and modern, low-maintenance living, this home provides clear value if you can accept the surrounding area profile and ongoing rent to buy the remaining 75% in future. Prospective purchasers should factor the service, management arrangements and the rent on unsold equity into long-term affordability calculations.
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