Share percentage 50%, full price £245,000, £6,125 Min Deposit
Monthly Cost: £1,108
Rent £312,
Service charge £131,
Mortgage £665*
Calculated using a representative rate of 4.78%
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
Two bedroom apartment in the charming village of Fair Oak.
Description
This two bedroom, first floor apartment is in Fair Oak, Easteligh. Parking provided! Available on Shared Ownership resale, you could buy with just a 5% deposit.
Featuring an open-plan living area with dual-aspect windows. The kitchen is fitted with an integrated oven, gas hob and hood. There are two comfortable bedrooms, with a wardrobe to the master. The bathroom has a modern, white suite.
You'll also have your own parking space, and balcony.
Key Features
- Open-plan living area with dual-aspect windows
- Fitted kitchen with oven, hob and hood
- Your own parking space
- Service charge is reviewed once a year
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: Yes - Patio
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 50%, full price £245,000, £6,125 Min Deposit. Calculated using a representative rate of 4.78%
