2 bedroom apartment for sale
4 Winchfield Crescent, Old Potbridge Road, RG27 8FH
Share percentage 50%, full price £328,000, £8,200 Min Deposit.
Share percentage 50%, full price £328,000, £8,200 Min Deposit.
Monthly Cost: £1,387
Rent £444,
Service charge £8,
Mortgage £935*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
Summary
2-bedroom Shared Ownership apartment available in Winchfield, Hampshire
Description
A very high specification first floor apartment with two double bedrooms, in an exclusive, small semi-rural development in Winchfield, just outside of Hartley Witney.
There is a communal entrance door with remotely operated door entry system, then a private timber door for entrance to the apartment itself. There is a spacious entrance hall with storage and access to all rooms. The main living space is a lovely open plan living room/kitchen. There is high quality grey oak effect laminate flooring, a generous living area and windows on two elevations.
The kitchen area is equipped with Siemens appliances (induction hob, oven, fridge/freezer and dishwasher), silestone worktops, mirrored smoke splashback, modern kitchen cabinetry and an integrated washer/dryer. Both bedrooms are good sized double rooms with a rear aspect looking over the garden and woodland beyond. Bedroom one is larger than two, and benefits from a full wall of fitted wardrobes.
There is allocated parking (two spaces) in a dedicated car park and convenient visitors parking also catered for. The rear garden is communal between the four apartments in the building and has been laid to lawn.
Winchfield Crescent is surrounded by agricultural fields and woodland providing walks along ancient footpaths. Located just one and a half a miles from Hartley Witney village with it’s good range of day to day amenities including shops, post office, surgery, public houses, Churches, schools and a golf course. The village is steeped in history with the local cricket club being formed in 1770 and is one of the oldest playing cricket greens in the country. Local and regional communications are excellent with access to the M3 (Junctions 4a and 5) within short driving distance Winchfield train station is just half a mile distant (approx. 15 mins walk) and is a mainline station providing fast and regular service to London Waterloo or Southampton.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- Shared Ownership Scheme
- Listing for 50% ownership
- Two Allocated Parking Spaces
- High Specification Finish
- Close to Mainline Station
- Small, Semi-Rural Development
- Tenure:Leasehold (125 years from 29/09/2021).
- Share Available:50% (£162,500).
- Shared Ownership Rent:£443.91 per month (subject to annual review).
- Lease Management Fee:£23.52 per month (subject to annual review).
- Service charge:£100.00 per annum (subject to annual review).
- Council Tax:Band D, Hart District Council.
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: D
Property Downloads
Key Information Document Floor PlanMap
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 £328,000, £8,200 Min Deposit. Calculated using a representative rate of 5.26%
