2 bedroom apartment for sale
Flat 4 Poppyfields Bullar Road, SO18 1EJ
Share percentage 50%, full price £172,000, £8,600 Min Deposit.
Share percentage 50%, full price £172,000, £8,600 Min Deposit.
Monthly Cost: £919
Rent £275,
Service charge £208,
Mortgage £436*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Local connection to Southampton is required.
Summary
Well presented 2-bedroom ground floor apartment in Southampton, Hampshire available for shared ownership sale. This home benefits from an open plan living area, two double bedrooms.
Description
About the home
The apartment building boasts a video entry system for residents' ease and security. Upon entering through the UPVC front door of this homely apartment, you are greeted by a spacious L-shaped entrance hall with comfortable carpet flooring.
The heart of the home is the open plan living/dining area, fitted with modern laminate flooring and ample room for your living furniture and a dining table. This versatile space is also illuminated by natural light from the UPVC window and patio doors. These doors open directly onto the communal garden, extending your living space into the outdoors. This room is ready for you to relax and keep connected with existing telephone, TV aerial, and SKY/cable points.
The kitchen is fitted with a range of wall and base units, a stainless-steel sink and drainer, and modern appliances: a gas hob, electric oven, and extractor fan. There are additional spaces available for a dishwasher, washer/dryer, and fridge/freezer. The family bathroom showcases a white bathroom suite, including a shower over the bath. The décor of this space includes stylish white tiled walls around the bath and durable laminate flooring.
Both bedrooms are double-sized rooms and benefit from UPVC windows, telephone, TV aerial, and Sky/cable points. Additionally, bedroom one also features laminate flooring with a double fitted wardrobe, while bedroom two has carpet flooring.
Outside, the rear communal garden provides a lawn, flower beds, and a patio area. The communal bin shed is at the front of the property.
Other bits to note
Measurements:
Entrance hallway: 5m x 1m
Living/dining room: 4.75m x 5m
Kitchen: 2.3m x 2.4m
Bathroom: 2.2m x 2.35m
Bedroom one: 5m x 2.75m
Bedroom two: 3.5m x 2.25m
1 allocated parking space.
Council Tax Band - B
Remaining Lease Term - 83 years
Local connection to Southampton is required to apply for this home.
*While we endeavour to make our sales particulars fair, accurate and reliable they are only a general guide to the property. Room dimensions and property details have been supplied to us by the current vendor so are for indication purposes only. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.
Key Features
- Older model shared ownership
- 50% share: £86,000
- Monthly rent: £274.88
- Ground floor apartment
- Two double bedrooms
- Allocated parking
- Remaining lease term: 83 years
- Local connection to Southampton is required.
Particulars
Tenure: Leasehold
Lease Length: 83 years
Council Tax Band: B
Map
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 £172,000, £8,600 Min Deposit. Calculated using a representative rate of 4.64%
