Share Price £180,000 (from 75% Min. Share)

Full Value £240,000 | £9,000 Min. Deposit

Scheme: Shared Ownership Resales

check_circle Available now

2 bedroom apartment in Chandler's Ford - Hampshire

place 34 Surrey Court, Kent Road, SO53 3LS

Budget Calculator
Calculate monthly cost help
Sign in to Register Your Interest mail

Property Eagle

favorite_outline Save Property

Two bedroom first floor flat suitable for those over 55 years


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 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.

Description

Offered in good condition is this two bedroom first floor flat with private balcony suitable for those over 55 years. Offered with residents parking and communal garden, this flat may suit those with care needs (to be assessed). There is no rent payable on the unowned share of 25%.

Please note the price reflects a 75% share (full market value of £240,000).

The monthly service charge is £311.48pcm.

Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change. Local applicants may have priority for these homes.

http://www.helptobuysouth.co.uk/am-i-eligible.asp


Key Features

  • Two bedrooms
  • First Floor
  • Residents parking
  • Communal gardens
  • Over 55s only

Download Documents

Energy Certificate

Accessibility

A – Wheelchair Accessible Throughout

Meets the design standards from the Wheelchair Housing Design Guide which superseded the Housing Corporation wheelchair design standards. These properties have been designed to meet latest wheelchair accessible housing design standards, offering extra space and full access to all rooms and facilities. This standard provides more space than previous wheelchair housing design guidance and also ensures that all rooms are accessible. In view of the high density of new build housing stock in London, the parking features have been excluded from this category. This will enable wheelchair accessible homes built above ground floor level to be categorised as such.


Budget Calculator
arrow_backwards Back to 2 bedroom apartment in Chandler's Ford - Hampshire

Calculate Monthly Cost

Share price
£ 180,000
Min. £180,000
Share percentage
Min. 75%
Your deposit
Min. £9,000
Monthly cost*
£1,208
Cost breakdown
£0
Rent
£311
Service charge
£897
Mortgage*
Calculated using a representative rate of 3.94%
help

Sign in to Register Your Interest mail

Property Eagle

favorite_outline Save Property

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.