1/9
£126,000
This superb modern home is available to buy from as little as £126,000 with a 40% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £315,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as £126,000 with a 40% share!
This charming two-bedroom mid-terraced house in Verwood offers a bright and practical living space, perfect for modern life. The property boasts an open-plan kitchen and living area, creating a welcoming and sociable hub, complemented by a convenient downstairs WC. Upstairs, there are two well-proportioned bedrooms and a modern family bathroom. Outside, the home enjoys a private garden, ideal for relaxing or entertaining, along with two off-road parking spaces on the driveway.
Situated in the popular village of Verwood, the property benefits from excellent local amenities including shops, supermarkets, schools, and leisure facilities, while nearby green spaces provide plenty of opportunities for outdoor activities. Transport links are strong, with the A31 providing easy access to surrounding towns and major routes, and nearby Christchurch, Hinton Admiral, and Bournemouth stations offering direct services into London and beyond. With its combination of comfortable living, convenient parking, and excellent connectivity, this home is an ideal choice for those seeking a well-connected yet tranquil location.
PLEASE NOTE A LOCAL AREA CONNECTION IS REQUIRED TO QUALIFY FOR THIS PROPERTY.
PRICING & AFFORDABILITY
Full Market Value: £315,000
40% Share Price: £126,000 (rent £444.69pcm)
Minimum 5% Mortgage Deposit (40% share): £6,300
Approximate Service Charges: £39.27pcm*
Lease: 119 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership