2 bedroom apartment for sale
Coombe Road, East Meon, GU32 1NY
Share percentage 70%, full price £330,000, £16,170 Min Deposit.
Share percentage 70%, full price £330,000, £16,170 Min Deposit.
Monthly Cost: £1,364
Service charge £75,
Mortgage £1,289*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Purchasers must live, work or have close family in the East Hampshire District Council area and be unable to afford the property at the open market value.
Summary
High specification apartments with rural views
Description
Penny Mile, East Meon
Four apartments available under the Landspeed Shared Purchase Scheme. For sale from 70% of the open market value to people who live, work or have close family connections in the East Meon and East Hampshire District Council area and be unable to afford a suitable home on the open market.
Part of the Penny Mile development in Coombe Road with views over local farmland, these apartments each have 2 bedrooms and are allocated 2 parking spaces. The high specification also includes integrated oven, hob, extractor hood, fridge/freezer and washer/dryer. Luxury vinyl flooring to kitchen and living area, carpet to bedrooms and tiles in the bathroom.
Ready now for occupation.
The Landspeed Shared Purchase Scheme works in that purchasers provide a deposit (minimum 5% of the open market value) and a mortgage but there is no rent or interest to pay on the % not paid for at any time. Landspeed retains this % by means of a second charge. Full FAQs on our website www.landspeedhomes.uk
Key Features
- Fully integrated kitchen appliances
- Communal garden
- Rural views
- 2 parking spaces
- EV charging
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure 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 70%, full price £330,000, £16,170 Min Deposit. Calculated using a representative rate of 5.26%
