2 bedroom apartment for sale
Andover Road, SO22 6FH
Share percentage 25%, full price £365,000, £4,563 Min Deposit.
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 BrochureMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 25%, full price £365,000, £4,563 Min Deposit. Calculated using a representative rate of 4.64%
