1 bedroom apartment for sale
18 St Marys Road, PO1 5PH
Share percentage 40%, full price £135,000, £2,700 Min Deposit.
Share percentage 40%, full price £135,000, £2,700 Min Deposit.
Monthly Cost: £529
Rent £170,
Service charge £58,
Mortgage £301*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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
Second floor apartment with balcony
Description
This spacious one bedroom, second floor apartment is in Portsmouth. Balcony provided. Available on Shared Ownership resale you could buy with just a 5% deposit.
Featuring an open-plan living area, with sliding doors to your balcony. The kitchen has an integrated oven, hob and hood. The bedroom is a spacious double with a built-in storage. The bathroom has a modern, white suite.
Key Features
- Open-plan living area
- Fitted kitchen with oven, hob and hood
- Modern, white bathroom suite
- Your own balcony
- Service charge is reviewed once a year
Particulars
Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: A
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 40%, full price £135,000, £2,700 Min Deposit. Calculated using a representative rate of 5.03%
