Share percentage 35%, full price £310,000, £5,425 Min Deposit.
Monthly Cost: £1,147
Rent £486,
Service charge £43,
Mortgage £618*
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
Mid-terraced house with parking and garden
Description
This two bedroom, mid-terraced house is in Nursling, Southampton. Downstairs WC and parking provided! Available on Shared Ownership resale you could buy with just a 5% deposit.
Featuring a spacious living room. The kitchen is fitted with an oven, hob and cooker hood. You'll also find a downstairs WC.
Upstairs there are two bedrooms with built-in storage to the master. The bathroom has a modern, white suite. You'll also have your own back garden and two parking spaces.
Key Features
- Fitted kitchen with oven, hob and hood
- Downstairs WC
- Built-in storage to master bedroom
- Two parking spaces
- Service charge is reviewed once a year
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan 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 35%, full price £310,000, £5,425 Min Deposit. Calculated using a representative rate of 5.26%