Oakcroft Lake, Stubbington, PO14 2FF

Just launched!

Be beach and town ready

An exciting new community of 2, 3 & 4 bedroom houses available with Shared Ownership located between the charming village of Stubbington and the larger town of Fareham.

Plot 19 is a 94 square metre, three bedroom detached, house with garage, private garden and 2 parking bays at Oakcroft Chase, Stubbington, Hampshire, available to purchase through Shared Ownership.

Financial Breakdown:

• Full Market Value: £435,000
• 40% Share Value: £174,000
• 5% deposit of 40%: £8,700
• Rent on unowned share: £599
• Service Charge: £94.66
• Council Tax: TBC*

The homes at Oakcroft Chase are energy efficient and offer light filled and spacious rooms, with space to work from home or use however you may choose. Kitchens are streamlined and well equipped, with a range of integrated appliances included.

Oakcroft Chase benefits from excellent local amenities including a good selection of local independent shops, a choice of well-regarded primary and secondary schools, an excellent selection of nearby pubs and restaurants and a choice of transport options nearby.

With the south coast on your doorstep, two cities within easy reach and a great range of local amenities, Oakcroft Place could be the perfect place to call home.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

LOCAL AREA

Located between the village of Stubbington and the larger town of Fareham, Oakcroft Chase is in close proximity to the M27 providing convenient access to Portsmouth and Southampton and the beautiful South Coast.

The village of Stubbington has a variety of independent shops as well as a pharmacy, Co-op, hairdressers and a range of takeaway options. Just a short drive away, the larger town of Fareham has an extensive range of essential amenities, high street shops, supermarkets, eateries and attractions.

WHAT IS SHARED OWNERSHIP?

Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

ELIGIBILITY CRITERIA:

To be eligible for a home at Oakcroft Chase, you'll need to:

• Have a gross household income of no more than £80,000 per annum
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Not already own a home or you will have sold your current home before you purchase
• Have a minimum of £5,000 to cover the costs of buying a home

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

Council Tax: TBC

Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.