Freeman Forman says ..

Property Oracle says ..

This property is a two-bedroom semi-detached house situated in Hampden Park, Eastbourne. The listing highlights its status as a shared ownership property, a crucial detail affecting affordability and overall ownership. The property’s condition is excellent, exhibiting a modern design and seemingly brand new or recently renovated interiors. The photos show a clean, contemporary style throughout. The location in Hampden Park offers a reasonable compromise between residential tranquility and convenient access to amenities and transportation. Hampden Park train station is relatively close, enabling easy commutes to Eastbourne and beyond. Educational institutions, including schools with good and outstanding Ofsted ratings, are also within a manageable distance. While the surrounding area offers a calm, residential feel, larger shopping options would require a short trip into Eastbourne town centre. The property’s small plot size or lack of significant garden space is a noticeable constraint. The listing price of £77,500 for a 25% share is attractive, but potential buyers need to factor in the ongoing rent for the remaining share, which will alter the complete cost of ownership. In summary, this shared ownership property presents a potentially affordable entry point into the Eastbourne housing market for eligible buyers, with notable strengths in condition and location, offset by the shared ownership structure and limited land. The small plot size is a significant limitation for families or those who value extensive outdoor space. Overall it is a decent property suitable for first-time buyers who meet the criteria for shared ownership.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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