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1 bedroom apartment for sale

Available

4 Richborough Court, Stubbington Avenue, PO2 0JG

£56,000 · Shared Ownership Resale

Share percentage 40%, full price £140,000, £2,800 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Pets allowed
Parking
£56,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £140,000, £2,800 Min Deposit

Monthly Cost: £821
Rent £343, Service charge £166, Mortgage £312*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.

Applicants with local connections may take priority.

Summary

VIVID is pleased to offer this re-sale 1 bedroom Shared Ownership apartment for sale. Available from a 40% share situated in Portsmouth.

Description

This first-floor, 1-bedroom flat in Portsmouth is ideal for first-time buyers or single professionals. It offers an entrance hall with a storage cupboard. Straight ahead there is a spacious living room with a window and double doors which allow ample light into the space. Separate to the living space you will find the kitchen. The kitchen is fully equipped with a hob, oven, extractor and washing machine. The kitchen benefits from plenty of storage space and a window.

This flat offers a double bedroom. The bathroom comprises of a 3 piece suite with a shower over the bath. The bathroom also features a radiator, built in under sink storage and a window.

Outside, you'll find communal garden areas and a bike store. The gated complex ensures security. There is on street parking, with no permit required.

This flat in Portsmouth is perfectly situated with everything you need on your doorstep. Within a walking distance of 8 minutes you have a Tesco express and many more shops. A quick 8 minute drive will take you to cascade shopping centre. Just a little further with a 12 minute drive there is Southsea sea front where you can enjoy parks, places to walk and cafes as well as Gunwharf Quays shopping outlet which has lots of restaurants, cinema and bars. The location has excellent bus routes and is a 10 minutes drive from Fratton train station with direct routes into London for easy commuting.

Key Features

Double Bedroom.

Separate kitchen and living.

Hob, oven, extractor and washing machine included.

Communal Garden.

Great Location.

Secure complex.

Particulars

Tenure: Leasehold
Lease Length: 81 years
Council Tax Band: A

Property Downloads
Brochure Energy Certificate
Map
Hilsea (0.98 miles) Fratton (1.45 miles) Portsmouth & Southsea (1.54 miles)
Material Information

Total rooms: 1

Furnished: Unfurnished

Washing Machine: Yes

Dishwasher: No

Fridge/Freezer: No

Parking: Yes - On Street

Outside Space/Garden: Yes - Communal Garden

Year property was built: 2007

Unit size: 51 Square metres

Communal lift: No

Accessible measures: No

Heating: Gas Central

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£56,000
Shared Ownership Resale
Estimated Monthly Cost:£821
Rent £343
Service Charge £166
Mortgage £312

Share percentage 40%, full price £140,000, £2,800 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.