Share Price £172,500 (from 75% Min. Share)

Full Value £230,000 | £8,625 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Eastleigh - Hampshire

place 60 Surrey Court, Kent Road,, Chandlers Ford, SO53 3LS

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Two bedroom flat in over 55s development in Chandlers Ford


Eligibility

Please note that eligibility conditions apply and applicants will be means tested for affordability. Prices are subject to change. Local applicants may have priority for these homes.


Description

Offered for sale is this two bedroom flat in an over 55 years development in Chandlers Ford.; ; The property comprises:; Entrance hallway; Kitchen/diner with door to enclosed balcony 8.68m x 3.4m; Bathroom (Wet room); Bedroom 1 (Jack and Jill door to wet room), (Double room) 4.3m x 3.19m; Bedroom 2 (Single room) 3.56m x 2.17m;


Key Features

Over 55 years only
Extra care available
Communal car park
Lease 125 years from 2015
75% fixed equity
Second floor


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Calculate Monthly Cost

Share price
£ 172,500
Min. £172,500
Share percentage
Min. 75%
Your deposit
Min. £8,625
Monthly cost*
£1,202
Cost breakdown
£0
Rent
£342
Service charge
£860
Mortgage*
Calculated using a representative rate of 3.94%
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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.