2 bedroom apartment for sale

Available

Andover Road, SO22 6FH

£91,250 · Shared Ownership New Build

Share percentage 25%, full price £365,000, £4,563 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£91,250 Shared Ownership New Build

Share percentage 25%, full price £365,000, £4,563 Min Deposit.

Monthly Cost: £1,263
Rent £627, Service charge £147, Mortgage £489*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A one-bedroom apartment with private terrace and plenty of storage. Available from just £65,000 for a 25% share.

Description

Our two-bedroom Rei apartments at Kings Barton offer the very best of modern living.

The full-height window floods the open-plan living space with natural light, while double doors open onto the Juliette balcony, perfect for the warmer evenings.

This home offers great flexible spaces, the store in the hallway is almost the size of another room - you can use it to work from home from, hide your bike or just tidy your belongings away.

* The full market value ofthis home is£365,000but, withshared ownership, you could purchase an initial25% share for just£91,250and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need adeposit of 5%of the amount you borrow, meaning your deposit could be as low as£4,563.

Kitchen
3.34mx2.53m
10ft11″x8ft4″

Living/dining room
6.03mx5.46m
19ft9″x17ft11″

Hall
4.13mx2.06m
13ft7″x6ft9″

Store
2.13mx1m
7ftx3ft3″

Master bedroom
4.01mx3.32m
13ft2″x10ft11″

Bedroom 2
4.01mx2.63m
13ft2″x8ft8″

Bathroom
2.06mx2.04m
6ft9″x6ft8″

Total floor area
74.23m2
799sq.ft.

Key Features

Generous open-plan kitchen, living and dining room
Modern fitted kitchen with integrated appliances
Stylish bathroom with ceramic floor and wall tiles
Two double bedrooms with ample space
Enhanced flooring package
Allocated parking

Particulars

Tenure: Leasehold
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan Brochure
Map
Winchester (0.50 miles) Shawford (3.67 miles) Chandlers Ford (6.88 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 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.

£91,250
Shared Ownership New Build
Estimated Monthly Cost:£1,263
Rent £627
Service Charge £147
Mortgage £489

Share percentage 25%, full price £365,000, £4,563 Min Deposit. Calculated using a representative rate of 4.64%


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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.