2 bedroom apartment for sale
Whiteley, Hampshire, PO15 7PF
Share percentage 10%, full price £240,000, £1,200 Min Deposit.
Share percentage 10%, full price £240,000, £1,200 Min Deposit.
Monthly Cost: £666
Rent £330,
Service charge £202,
Mortgage £134*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
ELIGIBILITY CRITERIA:
To be eligible for a home at Lakedale at Whiteley Meadows, you'll need to:
Have a gross household income of no more than £80,000 per annum
Be unable to purchase a suitable home to meet your housing needs on the open market
Not already own a home or you will have sold your current home before you purchase
Have a minimum of £5,000 to cover the costs of buying a home
Summary
A beautiful two bedroom apartment with parking available with Shared Ownership
Description
FINAL HOME AVAILABLE! DON'T MISS OUT!
The best of both worlds
A beautiful new community of 2 bedroom apartments available with Shared Ownership.
Lakedale at Whiteley Meadows is part of an emerging community of Shared Ownership homes with excellent amenities and transport options nearby.
Plot 132 is a 58 square meter, two bedroom ground floor apartment with two parking bays available to purchase through Shared Ownership.
Financial Breakdown:
- Full Market Value: £240,000
- 40% Share Value: £96,000
- 5% deposit of 40%: £4,800
- Rent on unowned share: £330 per month
- Service Charge: £201.87 per month
- Council Tax: TBC*
Each home has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances including single electric oven, fridge freezer and washer dryer.
With a range of shops, restaurants and amenities on your doorstep, beautiful nature in the surrounding area and the cities and beaches of Southampton and Portsmouth both less than half an hour away, there is something for everyone.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
LOCAL AREA
Whiteley is a recently created community within walking distance of the development, home to large shopping centre, leisure centre, cinema complex and a large parkland area. There is also an excellent selection of 'Outstanding' and 'Good' Ofsted-rated schools nearby.
The M27 gives easy access further afield and the vibrant cities and beautiful beaches of Portsmouth and Southampton are less than half an hour away. Plus Botley train station is 7 minutes away, with regular services to London Waterloo, Cosham, Portsmouth and Southampton.
WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:
To be eligible for a home at Lakedale at Whiteley Meadows, you'll need to:
Have a gross household income of no more than £80,000 per annum
Be unable to purchase a suitable home to meet your housing needs on the open market
Not already own a home or you will have sold your current home before you purchase
Have a minimum of £5,000 to cover the costs of buying a home
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
Key Features
Key features:
- Electrolux integrated single electric oven, fridge freezer and washer dryer
- Two parking bays
- Close to local amenities
- Excellent selection of 'Outstanding' and 'Good' Ofsted-rated schools nearby
- Great transport links
- 12 year NHBC building warranty
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor Plan Brochure Price List Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 10%, full price £240,000, £1,200 Min Deposit. Calculated using a representative rate of 5.03%
