2 bedroom apartment for sale

Available

32 Le Marechal Avenue, SO31 8LX

£96,000 · Shared Ownership Resale

Share percentage 40%, full price £240,000, £9,600 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
£96,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £240,000, £9,600 Min Deposit.

Monthly Cost: £1,062
Rent £426, Service charge £149, Mortgage £487*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

Please note that a local connection to Bursledon is required to apply for this home.

Summary

Could this charming home be the perfect place for you? This apartment features an open-plan living/dining/kitchen, 2 spacious double bedrooms and a balcony!

Description

About the home
The front door opens into a carpeted hallway with an airing cupboard and a telephone point. From here you can access bedroom one, bedroom two, and the family bathroom.
Both bedrooms feature the same carpet as the hallway and are spacious doubles, each equipped with telephone, TV aerial, and sky/cable points.
The modern bathroom boasts a white suite, including a shower over the bath and a shower screen, decorated with a touch of blue and dark laminate flooring.
At the end of the hallway, you'll find the open-plan kitchen/living/dining room. The kitchen, which has laminate flooring, features white fitted wall and base units, a dark countertop, an electric oven, a gas hob, an extractor fan, and space for a fridge/freezer and washer/dryer.
The living and dining area is carpeted and also offers telephone, TV aerial, and Sky/cable points for your entertainment needs. Additionally natural light flows into this space through the doors which lead onto your own balcony, a perfect spot to relax.

Other bits to note
Living room: 13'9"x 10'4"
Dining room: 9'3" x 9'6"
Kitchen: 8ft x 9'6"
Hallway: 11ft x 5'7"
Bedroom one: 9'4"X 15'6"
Bedroom two: 10ft x 13ft
Bathroom: 6'6" x 6'10"

Please note that a local connection to Bursledon is required to apply for this home.

Communal unallocated parking.
Refuse store & bicycle store.
Council tax band: B
Remaining lease term: 118 years

*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
  • Local connection is required to Bursledon
  • 1st floor apartment
  • Close to amenities
  • Lovely location
  • Remaining lease term: 118 years
  • Standard shared ownership lease model
  • Two large double bedrooms
  • Balcony
  • 40% share £96,000
  • Monthly rent: £425.65
Particulars

Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: B

Property Downloads
Key Information Document Energy Certificate
Map
Bursledon (1.11 miles) Netley (1.50 miles) Hamble (1.54 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.

£96,000
Shared Ownership Resale
Estimated Monthly Cost:£1,062
Rent £426
Service Charge £149
Mortgage £487

Share percentage 40%, full price £240,000, £9,600 Min Deposit. Calculated using a representative rate of 4.64%


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.