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2 bedroom apartment for sale

Available

25 Somers Way, SO50 5RY

£127,500 · Shared Ownership Resale

Share percentage 60%, full price £212,500, £6,375 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony
Pets allowed
Parking
Floor plan
Floor plan
£127,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £212,500, £6,375 Min Deposit

Monthly Cost: £1,108
Rent £215, Service charge £183, Mortgage £710*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

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 2 bedroom Shared Ownership Apartment for sale. Available from a 60% share situated in Eastleigh, Hampshire.

Description

This beautifully presented, spacious two-bedroom apartment is perfectly situated on the top floor with stunning, uninterrupted views over Lakeside Country Park.

This modern apartment offers plenty of natural light through its floor to ceiling windows and French doors leading to a newly re-decked balcony. There is a bright and airy living area boasting a large lounge/diner through to a fitted kitchen benefitting from oven and gas hob, washer/dryer and fridge/freezer. The boiler has, very recently, been fully serviced.

Each of the two bedrooms is generously sized, one with a built-in cupboard and the bathroom includes shower over bath in a white suite. The hallway provides two further built-in cupboards providing ample storage.

In addition, you will have your own allocated parking space.

Convenience is key. This property is just a 10 minute walk from Southampton Airport Parkway Railway Station, Southampton Airport and Eastleigh Town Centre with its array of shops, cafes, and amenities. In addition, there is easy access to both M27 and M3 motorways. This location is ideal for both commuters and those who like to travel.

With its scenic location, modern amenities, and superb presentation, this apartment offers a lifestyle that combines urban convenience with peaceful, park-side living. Don’t miss the opportunity to make this property your new home.

Enquire with provider for Furnishing details

Key Features

Uninterrupted views over Lakeside Country Park

Open-plan living area

Private balcony with new decking

Fitted kitchen with oven and hob, washer/dryer and fridge/freezer

Allocated parking

Recent boiler service

Excellent road, rail and air travel connections

Can be left part-furnished at no extra cost by negotiation

Particulars

Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Southampton Airport Parkway (0.57 miles) Eastleigh (0.83 miles) Swaythling (1.34 miles)
Material Information

Total rooms: 4

Furnished: Unfurnished

Washing Machine: Yes

Dishwasher: No

Fridge/Freezer: Yes

Parking: Yes - Allocated

Outside Space/Garden: Yes - Private Balcony

Year property was built: 2010

Unit size: 61 Square metres

Communal lift: No

Accessible measures: No

Heating: Gas Central

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£127,500
Shared Ownership Resale
Estimated Monthly Cost:£1,108
Rent £215
Service Charge £183
Mortgage £710

Share percentage 60%, full price £212,500, £6,375 Min Deposit. Calculated using a representative rate of 5.03%


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.