4 bedroom house for sale

Under Offer

Meadowlands Close, Off Woodcroft Lane, PO8 9QP

£158,000 · Shared Ownership New Build

Share percentage 40%, full price £395,000, £7,900 Min Deposit.

Under Offer
4 bedrooms
2 Bathrooms
Private Garden
Pets allowed
Parking
Floor plan
Floor plan
£158,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £395,000, £7,900 Min Deposit.

Monthly Cost: £1,395
Rent £543, Service charge £66, Mortgage £786*

Calculated using a representative rate of 3.92%

Calculate estimated monthly costs

£
Eligibility

Must register with Help to Buy South and Guinness Homes

Summary

4 bedroom semi detached house with 3 parking spaces

Description

Guinness Homes are delighted to release Plot 1, The Aspen, a 4-bedroom house with an open plan lounge/dining area with french doors leading to the turfed rear garden. The home will be reserved on a first-come first-served basis, so apply today!

Key Features
  • 4 bedroom semi detached house
  • From 40% Shared Ownership with option to buy more shares
  • 3 allocated car parking spaces
  • Brand new home
  • Hob, oven and extractor hood included
  • Modern tiled bathroom
  • Patio area to garden
  • Downstairs W/C
  • Carpet and flooring provided

Shared Ownership is another way to buy your home. You buy a percentage and pay rent on the rest. Guinness owns part of it - but you're living there, you decorate it and decide when to sell.

Buying a percentage means a smaller deposit and a smaller mortgage. It's a sooner first step on the ladder for lots of people. In the future, you can carry on buying further shares to own it 100%.

Other information

  • Full purchase price: £395,000.00
  • Monthly rent on a 40% share: £543.13
  • Estimated service charge: £65.84
  • Minimum share: 40%
  • Maximum share: 75%
  • Tenure: Leasehold
  • Lease term: 250 years
  • Pets allowed
  • Council tax band: D
Particulars

Tenure: Leasehold
Council Tax Band: D

Property Downloads
Floor Plan Brochure Energy Certificate
Map
Rowlands Castle (3.10 miles) Bedhampton (3.78 miles) Havant (3.98 miles)
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 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.

£158,000
Shared Ownership New Build
Estimated Monthly Cost:£1,395
Rent £543
Service Charge £66
Mortgage £786

Share percentage 40%, full price £395,000, £7,900 Min Deposit. Calculated using a representative rate of 3.92%


The Guinness Partnership
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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.