Initial price	£259,950
28/06/24	£254,000
Price Change	-2.29%

### Mentioned in the Article Leasehold: describes a type of property ownership where the owner does not have full ownership of the property — they hold a lease for a specified term, often in exchange for a periodic payment (rent). Freehold: a form of land tenure in English and Welsh law whereby the owner has certain perks attached to the land, such as air rights, mineral rights, and the right to do as they wish with the land as long as it's legal. Share of Freehold: a form of ownership where the flat owner also owns a share of the freehold of the entire building, Estates or tenements, which means they are part of the management of the building and usually a member of the Residents Association. New Build: a new housing development on the market, often with a warranty provided by the NHBC (National House Building Council) or similar. Usually, these homes are energy-efficient and have modern fittings and finishes. Period Property: a property built during a specific era, such as Georgian, Victorian, or Edwardian times. These properties often have period features and charm. Converted: a property that has been transformed from one use to another, such as from a commercial building to residential apartments. Furnished: a property that comes with furniture, fixtures, and fittings so the tenant does not have to supply them. Unfurnished: a property that does not come with furniture, fixtures, and fittings, so the tenant supplies all the necessary items to live comfortably. Part-Furnished: a property that comes with some furniture, fixtures, and fittings but not a full set for every room. Lease Extension: a legal process where the leaseholder can extend their lease, in exchange for a fee. This can make the property more attractive to potential buyers or mortgage lenders. Chain-Free: a property that is being sold without the need for a chain of buyers. This can often make the buying process quicker and less complicated. Newly Built: a property that has been built recently, often with modern conveniences and energy efficiency in mind. Off-Street Parking: a parking space that is not on the street but on the property itself, such as a driveway or a garage. Detached: a property that is not sharing any walls with neighboring properties.