2 bed flat

The property is a Shared Ownership apartment in the Coronation Square development, with a full market value of £500,000 and a 25% share value of £125,000. The apartment is available for purchase with a minimum deposit of £6,250, and the buyer pays rent on the unowned share, currently £859 per month, as well as a service charge of £235 per month. The property has a leasehold tenure, with an initial ground rent of £0, a service charge of £2,820, and an estate management fee of £0, with a lease length of 250 years.