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£61,250
This superb modern home is available to buy from as little as £61,250 with a 35% 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 £175,000 and a purchaser would not need to meet the eligibility criteria listed above.
This well-presented fourth-floor apartment in Keppel Rise, Centenary Plaza offers bright, modern living in a highly convenient Southampton location. The property features a welcoming entrance hall leading into a spacious reception room, which provides an adaptable living and dining space with access to a private balcony—ideal for relaxing outdoors or entertaining.
The separate kitchen is thoughtfully laid out, offering a practical and efficient cooking space with fitted units and integrated appliances. The apartment includes a generous main bedroom filled with natural light, while the second room can serve as a comfortable bedroom, guest space, or home office, depending on your needs.
A contemporary bathroom completes the property, equipped with a full-sized bath and modern fixtures. The layout is well-designed throughout, maximising usability and flow.
Situated within a modern development, the home benefits from lift access and an excellent position close to local amenities, transport links, and the vibrant offerings of Southampton’s waterfront and city centre.
PRICING & AFFORDABILITY
Full Market Value: £175,000
35% Share Price: £61,250 (rent £300pcm)
Minimum 5% Mortgage Deposit (35% share): £3062
Approximate Service Charges: £250pcm*
Lease: TBC
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