Share percentage 40%, full price £540,000, £10,800 Min Deposit.
Monthly Cost: £1,825
Rent £561,
Service charge £33,
Mortgage £1,231*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.
Applicants with local connections may take priority.
Summary
VIVID is pleased to offer this re-sale 4 bedroom detached Shared Ownership home for sale. Available from a 40% share situated on the outskirts of Eastleigh.
Description
The property comprises four bedrooms, an en-suite, family room, kitchen/diner, living room, separate washing cupboard and WC.
The property has a good level of social and economic amenities and is accessed via good transportation links, including a mainline railway station providing direct rail access to London Waterloo.
Key Features
2 off-road parking spaces
Garage
Modern development
Corner plot
Particulars
Tenure: Leasehold
Lease Length: 244 years
Council Tax Band: E
Property Downloads
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 40%, full price £540,000, £10,800 Min Deposit. Calculated using a representative rate of 5.26%
