2 bedroom apartment for sale
6 Allington House, Serotine Close, PO17 5PZ
Share percentage 50%, full price £205,000, £5,125 Min Deposit.
Share percentage 50%, full price £205,000, £5,125 Min Deposit.
Monthly Cost: £1,133
Rent £357,
Service charge £192,
Mortgage £584*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
2 bedroom flat in Hampshire
Description
Offered for sale is this lovely 2 bedroom flat in Hampshire.
It is available on the Shared Ownership scheme and a 50% share is available to purchase.
The property is on the first floor and briefly comprises of:
Entrance hall
Kitchen, lounge and dining room
2 bedrooms
En suite
Bathroom with integral bath/shower
Gross internal floor area: 66 m2.
The property is 3 miles north of Fareham town centre and benefits from close proximity to the M27. The nearest train station is Fareham and there are 4 schools close by.
The lease is 99 years from 21 January 2008 and a extension is being granted of 24 years and 11 months.
Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.
Applicants with local connections may take priority.
Key Features
2 bedrooms
En Suite
Allocated parking
50% share
Lease start date - 99 years from 21 January 2008 (extension being granted of 24 years and 11 months)
Council tax band - C
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Energy CertificateMap
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 50%, full price £205,000, £5,125 Min Deposit. Calculated using a representative rate of 5.26%
