Share percentage 70%, full price £182,000, £6,370 Min Deposit
Monthly Cost: £924
Rent £91,
Service charge £123,
Mortgage £710*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Ground floor apartment in Southampton
Description
This spacious two bedroom, ground floor apartment is in Southampton. Access to balcony provided! Available on Shared Ownership resale you could buy with just a 5% deposit.
Featuring an open-plan living area, with doors to your balcony. The kitchen has an integrated oven, hob and hood. There are two comfortable bedrooms. The bathroom has a modern, white suite.
There is access to one parking space.
Tenure: Leasehold.
Council tax band: B.
Service charge is reviewed once a year.
Energy rating C, click download brochure to see the Energy Performance Certificate.
Key Features
- Open-plan living area
- Fitted kitchen with oven, hob and hood
- White bathroom suite
- Close to local amenities
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: B
Property Downloads
Floor Plan 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: n/a
Outside Space/Garden: Yes - Private Balcony
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 70%, full price £182,000, £6,370 Min Deposit. Calculated using a representative rate of 5.03%
