Share Price £88,000 (from 40% Min. Share)

Full Value £220,000 | £8,800 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Fareham - Hampshire

place 61 Coleridge Drive, PO15 7NN

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Coleridge Drive, Whiteley, Fareham, PO15 7NN


Eligibility

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.
  • You have an income greater than £ 22000

 


Description

 

 

Available for resale shared ownership, this beautifully presented first floor apartment in the quiet and rural village at Whiteley, Fareham.

Property description:

The property comprises; a communal entrance hall, personal hallway with ample storage, open plan living and dining room with views over the local park, spacious kitchen with oven and hob, two double bedrooms and family bathroom with shower over bath, private parking area with allocated parking space and car port. The apartment also benefits from a security door entrance system, gas central heating, double glazing and panel style internal doors.

Length of Lease:

Approx 118 Years

Council Tax Band:

Fareham Council - band B

Gross Internal Area:

62 Square Metres

 

 


Key Features

 

LOCAL AREA INFORMATION

• This property is well placed for the cosmopolitan shopping, cinema, business and restaurant facilities within Whiteley

• A short drive of the M27 providing motorway links to Portsmouth, Southampton, Bournemouth and the M3 to Winchester and London.

• Local bus routes and train station are also close to hand.


Download Documents

Property brochure 1

Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 88,000
Min. £88,000
Share percentage
Min. 40%
Your deposit
Min. £8,800
Monthly cost*
£566
Cost breakdown
£225
Rent
£10
Service charge
£331
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.