1 bedroom house for sale
2 Pilgrims Place, SO23 7GH
Share percentage 75%, full price £220,000, £8,250 Min Deposit.
Share percentage 75%, full price £220,000, £8,250 Min Deposit.
Monthly Cost: £1,142
Rent £129,
Service charge £73,
Mortgage £940*
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
1 bedroom semi-detached bungalow in Winchester, Hampshire.
Description
Offered for sale is this lovely 1 bedroom semi-detached bungalow in Winchester, Hampshire.
It is available on the Shared Ownership scheme and a 75% share is available to purchase.
The property briefly comprises of:
Hallway
Kitchen/diner - 4.71m x 4.19m
Bathroom
Bedroom - 4.68m x 3.21m
The property benefits from communal grounds and a car port.
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
1 bedroom
Bungalow
Communal groundds
Demised parking
75% share
Lease start date - 125 years from 1 January 2013
Council tax band - B
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
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 75%, full price £220,000, £8,250 Min Deposit. Calculated using a representative rate of 5.26%