30% share modern 3-bed with garden and two parking spaces — affordable first step onto the ladder..
30% shared ownership offer at £97,500 (purchase price for share)
This recently built (2021) mid-terrace home is offered as a shared-ownership opportunity, ideal for first-time buyers seeking a modern, low-maintenance property in Wellington. The house has three bedrooms, two bathrooms (including an en-suite to bedroom one), and an open kitchen/dining area that benefits from good natural light. French doors from the sitting room open onto a compact, easy-care rear garden; two allocated off-street parking spaces are included.
Practical running costs are favourable: the building is energy-efficient with gas central heating, an average thermal performance for the walls, and a below-average service charge of £0.63. Monthly payments for the 30% share include rent (£513.58), building insurance (£14.82) and give a total of £528.40 — buyers should budget for these ongoing charges in addition to mortgage payments.
Important purchase details and drawbacks: the property is leasehold and sold via shared ownership (30% share offered at £97,500) with a minimum 5% mortgage deposit (£4,875). Council tax band is not specified and there may be restrictions on staircasing or resale depending on the shared-ownership terms. The house is suitable for buyers who accept tenure restrictions and want an affordable route onto the property ladder.
Local amenities suit family life: several Ofsted-rated good primary and secondary schools are nearby, the area has very low crime, fast broadband and excellent mobile signal. This creates a convenient, connected base for commuters or local workers, though those wanting full ownership immediately should consider the implications of the shared-ownership leasehold arrangement.