Share Price £49,500 (from 30% Min. Share)
Full Value £165,000 | £2,475 Min. Deposit
Scheme: Shared Ownership Resales
check_circle Available now1 bedroom apartment in Southampton - City of Southampton
place VENTURA, KEEL ROAD, SO19 9UU
Stunning 1 bed apartment with enviable location
Eligibility
Minimum household income requirement: £19,934^
Application process: A financial assessment must be completed before any physical viewing can take place. This forms part of Home Group’s buyer approval process. These assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.
We will not carry out any credit checks or contact any reference agencies without your written consent.
Help to Buy Agent: In order to apply you must be registered with Help to Buy South https://helptobuyagent3.org.uk/user/. You will need to provide your HTB reference when completing the application process.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
Description
***Please quote VEN417 when enquiring.***
- Introduction -
Tired of renting with nothing to show for it? Relax in your own urban haven with this ideal 1-bed apartment. With enviable river views and close to Ocean Village, your home offers peace and tranquility in the heart of the city. What are you waiting for?
This property has an abundance to offer and is too good to miss! With neutral decoration throughout, just add you for a new place to call home.
- What the owner says -
“Lovely secure courtyard/communal garden. Great area with restaurants, bars and shops only a short walk away. So quiet in a central location. High quality modern finish, spacious and open plan. Secure entry, feels very safe.”
- Full description –
Shared ownership is a government backed scheme that can be a stepping stone to completely owning your own home. If you’re finding it difficult to save for a deposit this is a great option as the amount you’ll need is based on the share you’re buying. This property is only £49,500 for a 30% share!
One-bed apartment (upper floor)
Entrance hallway has a telephone entry system for your security and peace of mind.
Open plan living room/kitchen (7.0m x 2.62m) benefits from a Juliet balcony with views of the communal courtyard.
Master bedroom (4.87m x 2.76m) with fitted wardrobes.
Bathroom has a bath with overhead shower and glass shower screen.
Carpet is laid to the bedroom. Vinyl flooring is fitted in the kitchen and bathroom.
Electric heating.
Private landscaped communal courtyard with secure access.
Underground allocated parking
- Costs –
PRICE - £49,500*
RENT - £293pm
SERVICE CHARGE - £126.73**
*This represents a 30% share of the full open market value of £165,000
**This includes: management charge and service charge. Rent and service charges are reviewed annually.
- General Information -
Tenure: Leasehold
Lease: 125 years from 1st January 2019
Years remaining on lease: 124 approx.
Approximate internal area: 45 sq. m.
Local authority: Southampton City Council
Council tax band: A
EPC rating: B (83)
Ground rent: £150 pa
- Terms, conditions and requirements -
Minimum household income requirement: £19,934^
Application process: A financial assessment must be completed before any physical viewing can take place. This forms part of Home Group’s buyer approval process. These assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.
We will not carry out any credit checks or contact any reference agencies without your written consent.
Help to Buy Agent: In order to apply you must be registered with Help to Buy South https://helptobuyagent3.org.uk/user/. You will need to provide your HTB reference when completing the application process.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
- Viewings -
In addition to the financial assessment, a virtual tour is required before any physical viewing can take place.
Virtual and physical viewings are held strictly by appointment - call today for more information.
Only those who have physically viewed the property are able to apply. If you have viewed and would like to apply please register your interest with the Resales Team.
Key Features
- *£49,500 for a 30% share under the shared ownership scheme*
- Viewing is highly recommended
- Excellent starter home
- Private communal landscaped courtyard
- Underground allocated parking
- Walking distance to public transport
- Perfectly placed with easy access to Ocean Village
- You can purchase more shares up to 100% when the time is right for you