Share percentage 65%, full price £175,000, £5,688 Min Deposit.
Monthly Cost: £866
Rent £160,
Service charge £72,
Mortgage £634*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Ground floor apartment with fitted kitchen
Description
This two bedroom, ground floor apartment is in Gosport. Communal outdoor space provided! Available on Shared Ownership resale, you could buy with just a 5% deposit.
Featuring a living room, and separate fitted kitchen with oven, hob and hood. There are two comfortable bedrooms, with storage to the master. The bathroom has a white suite.
Key Features
- Two bedroom ground floor apartment
- Fitted kitchen with oven, hob and hood
- Bathroom with shower over the bath
- Built-in storage to the master bedroom
- Service charge is reviewed once a year
Particulars
Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: C
Property Downloads
Floor Plan 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 65%, full price £175,000, £5,688 Min Deposit. Calculated using a representative rate of 5.03%
