2 bedroom apartment for sale

Available

Coe House, Portland Way, PO17 5GP

£89,775 · Shared Ownership Resale

Share percentage 45%, full price £199,500, £8,978 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£89,775 Shared Ownership Resale

Share percentage 45%, full price £199,500, £8,978 Min Deposit.

Monthly Cost: £862
Rent £290, Service charge £154, Mortgage £418*

Calculated using a representative rate of 3.82%

Calculate estimated monthly costs

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Summary

A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis

Description

Coe House is part of a modern development in the village of Knowle. One of a number of blocks constructed in a period style to better compliment the converted, Victorian-era hospital which they surround. The property available is a well-presented flat on the ground floor. Features include an 18', dual-aspect reception room with sleek, semi-open-plan kitchen. The large main bedroom also benefits from windows on two sides and there is a second, slightly smaller but still comfortable double bedroom, some useful hallway storage space and a bathroom with limestone-style tiles. Wall insulation, double glazing and gas central heating make for a good energy-efficiency rating. The flat comes with use of a parking space and the M27 provides easy access to Portsmouth and Southampton. Alternatively, Fareham'srailway station and other amenities can be reached by local bus from nearby Knowle Avenue.

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM[https://tinyurl.com/2w76w7tv]


(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association:A2Dominion.

Tenure:Leasehold (125 years from 2010).

Minimum Share:45% (£89,775). The housing association will expect that you will purchase the largest share affordable.

Shared Ownership Rent:£289.79 per month (subject to annual review).

Service Charge:£154.07 per month, including sinking fund (subject to annual review).

Guideline Minimum Income:Dual - £23,250 | Single - £29,000 (based on minimum share and 10% deposit).

Council Tax:Band C,Winchester City Council. Priority is given to applicants living and/or working in this local authority.


This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).

Key Features
  • Guideline Minimum Deposit £8,977.50
  • Guideline Income £23.3k (dual) | £29k (single)
  • Ground Floor
  • Approx. 674 Sqft Gross Internal Area
  • Open-Plan Kitchen/Reception Room
  • Double Glazing and Gas Central Heating
  • Parking Space
  • Communal Cycle Store
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Fareham (1.83 miles) Swanwick (2.75 miles) Botley (3.58 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.

£89,775
Shared Ownership Resale
Estimated Monthly Cost:£862
Rent £290
Service Charge £154
Mortgage £418

Share percentage 45%, full price £199,500, £8,978 Min Deposit. Calculated using a representative rate of 3.82%


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.