1 bedroom apartment for sale
Silchester Place, SO23 7FT
Share percentage 50%, full price £240,000, £6,000 Min Deposit.
Share percentage 50%, full price £240,000, £6,000 Min Deposit.
Monthly Cost: £1,028
Rent £267,
Service charge £93,
Mortgage £668*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Who is it for?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
Summary
1 bed apartment for resale in Winchester
Description
Set within a quiet, small block of four properties, this spacious, one-bedroom apartment is centrally located, just a short walk away from both the city centre & railway station, offering excellent transport links.
Located on the ground floor, this apartment needs to be viewed to appreciate everything it has to offer. Comprising of a welcoming entrance hallway with doors leading to the living room, separate kitchen, double bedroom and bathroom. The back door leads directly out to a beautiful, large garden and the nearby allocated parking space.
All rooms are well proportioned and ideal for a single person or couple to enjoy comfortable and convenient living. It has double glazing, gas-fired heating throughout and smart meter, to keep energy bills at a minimum.
The current owner is willing to discuss lease extension options for any interested party.
Please note, a local connection to Winchester City Council is required.
Key Features
- Modern, clean property with large rooms
- Quiet location, in a block of 4 properties
- 5 min walk into Winchester centre & 7 min walk to railway station
- Direct access to a lovely garden
Particulars
Tenure: Leasehold
Lease Length: 76 years
Council Tax Band: A
Property Downloads
Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £240,000, £6,000 Min Deposit. Calculated using a representative rate of 5.03%
