Shared‑ownership opportunity in a calm over‑55s development with parking.
75% shared ownership — lower purchase cost but subject to housing association terms
Peaceful over‑55s development with communal gardens and residents’ parking
One double bedroom, lounge, kitchen and bathroom; about 460 sq ft
Requires renovation and updating throughout — opportunity to personalise
Lease 64 years remaining; many lenders may refuse mortgages on this term
Low service charge and small ground rent, but check future reviews and costs
No onward chain — vacant possession can simplify moving process
Convenient for shops, buses, parks, fast broadband and excellent mobile signal
Set within a peaceful over‑55s development, this one‑bedroom flat offers independent living with communal gardens and residents’ parking. The property is offered at 75% shared ownership with no onward chain, making it suitable for buyers seeking a quick move and lower upfront cost.
Internally the layout provides a bright lounge, kitchen, generous double bedroom and bathroom. The flat measures about 460 sq ft and would benefit from updating and personalization — an opportunity for buyers to refresh finishes and improve layout. Double glazing and gas central heating are already in place.
Important: the lease has 64 years remaining. This is a material issue — many mortgage lenders may refuse to lend on this lease length, so buyers should seek specialist mortgage advice and legal guidance before committing. Service charge and ground rent are low, but shared‑ownership eligibility and any housing association conditions must be checked.
Convenience is a strength: local shops, bus routes and green spaces are nearby, with fast broadband and excellent mobile signal. The development suits older buyers wanting a calm location close to amenities, but plan for renovation costs and confirm financing options given the lease term.
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