2 bedroom apartment for sale

Available

Hellyar Rise, Hedge End, SO30 4DP

£161,250 · Shared Ownership Resale

Share percentage 75%, full price £215,000, £8,063 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
NOW SELLING | Deposits from £8,063 | Register now
Floor plan
floor-plan
Floor plan
floor-plan
£161,250 Shared Ownership Resale · Eligibility Eligibility

Share percentage 75%, full price £215,000, £8,063 Min Deposit.

Monthly Cost: £1,146
Rent £144, Service charge £104, Mortgage £898*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Third floor apartment with two parking spaces

Description

This two bedroom, third floor apartment is in Hedge End, Southampton. Two parking spaces provided. Available on Shared Ownership resale you could buy with just a 5% deposit.

Featuring living area with two Velux windows. The modern kitchen is fitted with an oven, hob and cooker hood.

The bedroom is a spacious double with a built-in storage. The bathroom has a modern, white suite. You'll also have two parking spaces. The apartment is located less than a mile form Hedge End village.

Key Features
  • A spacious living area with Velux windows
  • Fitted kitchen with oven, gas hob and hood
  • White modern suite
  • Two parking spaces
  • Service charge is reviewed once a year
Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: B

Property Downloads
Floor Plan Brochure Energy Certificate
Map
Bursledon (1.51 miles) Hedge End (1.79 miles) Sholing (2.28 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£161,250
Shared Ownership Resale
Estimated Monthly Cost:£1,146
Rent £144
Service Charge £104
Mortgage £898

Share percentage 75%, full price £215,000, £8,063 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.