2 bedroom apartment for sale
Flat 15 Malling Way, Southbourne, PO10 8GN
Share percentage 45%, full price £240,000, £5,400 Min Deposit.
Share percentage 45%, full price £240,000, £5,400 Min Deposit.
Monthly Cost: £1,014
Rent £313,
Service charge £86,
Mortgage £615*
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
Two bedroom ground floor apartment with parking
Description
This two bedroom, ground floor apartment is in Southbourne, Emsworth. Parking provided! Available on Shared Ownership resale, you could buy with just a 5% deposit.
Featuring an open-plan living area, with doors to outside. The kitchen is fitted with an oven, gas hob and hood.
There are two comfortable double bedrooms. The bathroom has a modern, white suite. You'll also have your own parking space.
Please note that a local connection to Chichester is required. This could mean living, working or having family living in the area.
- Tenure: Leasehold.
- Council tax band: B.
- Service charge is reviewed once a year.
- Energy rating B, click download brochure to see the Energy Performance Certificate.
Key Features
- Lease term remaining: 120 years
- Open-plan living area with doors to outside
- Fitted kitchen with oven, hob and hood
- Modern, white bathroom suite
- Your own parking space
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan 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 45%, full price £240,000, £5,400 Min Deposit. Calculated using a representative rate of 5.26%