Share Price £56,000 (from 35% Min. Share)

Full Value £160,000 | £2,800 Min. Deposit

Scheme: Shared Ownership Resales

check_circle Available now

2 bedroom apartment in Southampton - City of Southampton

place Flat 28, Middleton Mews, Station Road, Park Gate, SO31 7HR

Budget Calculator
Calculate monthly cost help
Sign in to Register Your Interest mail

Property Eagle

favorite_outline Save Property

Two bedroom flat in Park Gate


Eligibility

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.

Description

Offered for sale is this two bedroom flat in Park Gate, Southampton.

The property comprises: Hallway; Kitchen 3.38m x 1.83m; Living room 6.24m (max) x 3.39m; Bathroom; Bedroom 1 (Double room) 3.04m x 3.01m; Bedroom 2 (Double room) 3.03m x 1.74m

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.

Local applicants may have priority for these homes.


Key Features

  • Two bedrooms
  • Communal gardens
  • Parking available
  • Second floor

Download Documents

Energy Certificate
Budget Calculator
arrow_backwards Back to 2 bedroom apartment in Southampton - City of Southampton

Calculate Monthly Cost

Share price
£ 56,000
Min. £56,000
Share percentage
Min. 35%
Your deposit
Min. £2,800
Monthly cost*
£695
Cost breakdown
£238
Rent
£178
Service charge
£279
Mortgage*
Calculated using a representative rate of 3.94%
help

Sign in to Register Your Interest mail

Property Eagle

favorite_outline Save Property

Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.