2 bedroom apartment for sale

Available

68 Le Marechal Avenue, Bursledon, SO31 8LX

£99,000 · Shared Ownership Resale

Share percentage 45%, full price £220,000, £9,900 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£99,000 Shared Ownership Resale

Share percentage 45%, full price £220,000, £9,900 Min Deposit.

Monthly Cost: £989
Rent £341, Service charge £146, Mortgage £502*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Summary

This fantastic apartment has a real sense of space. Nestled in Bursledon and surrounded by the Hampshire countryside, it's in a great location.

Description

About the home
As you enter the home, the bathroom is on your left with a toilet, wash basin and a shower over the bath which is tiled to ceiling and a glass shower screen. From the entrance hall to your right, you find bedroom 2, a carpeted double with a window whilst in front of you within the entrance hall, there's a convenient storage cupboard which is next to bedroom 1, a carpeted double with a window and a storage cupboard.

The open plan kitchen/dining/living area is to the left of the hallway with a modern grey carpet in the living/dining area and vinyl flooring in the kitchen. The kitchen features modern dark grey units and has space for a fridge/freezer and washer/dryer. 3 windows are scattered around the open plan areas with double doors leading out to the west facing balcony, perfect for catching the sun in the afternoons and evenings.

Within the apartment, there's a phone with buzzer access to the building. There's shared storage area downstairs along with shared rear garden access. There is an allocated space whilst there are additional parking spaces available for visitors.

Measurements
Hallway: 4.8 x 1.2m
Kitchen: 5.3 x 2.9m
Living/Dining Area: 7.05 x 5.4m
Bedroom 1: 3.57 x 3.39m
Bedroom 2: 3.45 x 3.38m

Communal unallocated parking. Refuse store & bicycle store.
Council Tax Banding: B

* While we endeavour to make our sales particulars fair, accurate and reliable they are only a general guide to the property. Room dimensions and property details have been supplied to us by the current vendor so are for indication purposes only. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

Key Features
  • Shared ownership
  • 45% Share £99,000
  • Monthly Rent £341.43
  • First Floor Apartment
  • 2 Double Bedrooms
  • Close to Shops and Access to M27
  • Shared Rear Garden Access
  • Lease Term Remaining: 119 Years
  • Standard Model Shared Ownership
  • 1 allocated parking space
Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: B

Property Downloads
Key Information Document Energy Certificate
Map
Bursledon (1.11 miles) Netley (1.50 miles) Hamble (1.54 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£99,000
Shared Ownership Resale
Estimated Monthly Cost:£989
Rent £341
Service Charge £146
Mortgage £502

Share percentage 45%, full price £220,000, £9,900 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.