2 bedroom apartment for sale
Available
Flat 18 Rosebrook Court, Beech Avenue, Bitterne Park, SO18 4HS
£120,000 · Shared Equity

Share percentage 100%, full price £120,000, £6,000 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Parking
Accessible
£120,000 Shared Equity · Eligibility Eligibility

Share percentage 100%, full price £120,000, £6,000 Min Deposit.

Monthly Cost: £450
Mortgage £450*

Calculated using a representative rate of 1.39%

Calculate estimated monthly costs

£
Eligibility

£90,000 -Based on a 75% share

Rosebrook Court is an extra-care retirement housing scheme in Bitterne Park, Southampton. We are very proud of our extra-care schemes. Their features and facilities enable residents to receive the support they need to live as independently as possible. Extra care housing also helps couples who thought they might no longer be able to live together due to one having a care need and the other able to live independently.

Extra Care is organised in conjunction with Social Services. The trained care team will assess every resident's care requirements on an individual basis and devise a 'care plan' to suit their needs. The care plan will be continually reviewed to ensure that it meets the resident's needs as they change over time.

To apply, please complete the following steps:

Applicants must complete an Expression of Interest form and arrange to view the property, this can be found in the downloads tab.


Upon request, applicants must provide supporting documentation noted on the Expression of Interest form so a thorough affordability assessment can be carried out - It is a Saxon Weald requirement that applicants have a maximum of £500,000 available to them in savings, assets and sale proceeds at the time of applying. Applicants who exceed this amount will be automatically declined, unless there are exceptional circumstances. Please ask for further details.


If the affordability assessment is successful a Scheme and Care Manager assessment is to be carried out.


On successful completion of both assessments above, applicants will be issued with a formal offer to purchase which will need to be accepted alongside a reservation fee of £500.

Summary

A spacious, pre-owned apartment on a 75% purchase share is available at £90,000. There is no rent to pay on the 25% share owned by Saxon Weald.

Description

AVAILABLE

A spacious, pre-owned apartment on a 75% purchase share is available at £90,000. There is no rent to pay on the 25% share owned by Saxon Weald.

Monthly charges apply. From 01 April 2021 to 31 March 2022, these consist of:

Leasehold charges: which includes the cost of Building insurance, management fee and sinking fund for major structural repairs

Catering overheads

Personal charges: which includes the call system in the property and providing heating and water to the property

Service charges: includes the cost of cleaning of communal areas, lift maintenenace, communal repairs and external window cleaning

Support charge

The total estimated Charges per month: £490.46 (subject to final confirmation)

An additional charge applies for meals taken in the restaurant.

An Expression of Interest form will be required to be completed by an interested buyer so that the Sales team can check your eligibility. You can download the form under the Downloads tab.

The Scheme Manager is also required to carry out an assessment to check that Rosebrook Court can cater for your needs.

Other features of the apartment include:

TV & FM aerial
Phone points
Double-glazing - with juliette balcony in the living area to the first, second and third floors
Modern kitchen - with built in oven, hob & extractor hood

Hallway: Wide hall with storage cupboard
Kitchen: 6.55 m square
Sitting Room: Open plan to kitchen 16.82 m square
Bedroom one: Access to bathroom 11.83 m square
Bedroom two: 7.74 m square
Bathroom: Wet room with wc. Access through bedroom and hall

Facilities

24-hour professional care team on-site
Emergency alarm system
Scheme and flats wheelchair accessible
Door entry security phone
Stylishly decorated restaurant
Comfortable residents' lounge
Guest suite available for visitors
Assisted bathing facilities
Two lifts
Secure, beautifully landscaped courtyard garden
Off-road parking
Level access shower in all flats
Electric wheelchair charge room
Hairdressing room

Key Features
  • Spacious two bedroom apartment
  • First floor
  • Fitted, easy-grip lever taps
  • Level access showers (with folding seat)
  • Non-slip flooring in bathroom and handrails are fitted to assist mobility
  • Plug sockets and switches sited at a suitable height

Property Downloads
Brochure Brochure Energy Certificate
Map
Hook (30.67 miles) Cobham & Stoke D'Abernon (50.74 miles) Heathrow Terminal 4 (54.74 miles)
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 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.

£120,000
Shared Equity
Estimated Monthly Cost:£450
Rent £0
Service Charge £
Mortgage £450

Share percentage 100%, full price £120,000, £6,000 Min Deposit. Calculated using a representative rate of 1.39%


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.