Share Price £51,250 (from 25% Min. Share)

Full Value £205,000 | £2,563 Min. Deposit

Scheme: Shared Ownership

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Centenary Quay - 2 bed apartment in Southampton - City of Southampton

place Arcadia, John Thornycroft Road, SO19 9XF

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Sovereign

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2 bedroom ground floor apartment


Eligibility

Who is it for?

  • As long as you are over 18
  • Your household income is less than £80,000
  • And you don’t already own a home at the time of buying your shared ownership property

    … then shared ownership could be right for you.

Description

Located in a suburb of Woolston, an area which has been completely rejuvenated since the development’s launch, with a mixture of apartments and family homes spread across 30 acres of land.

These new apartments benefit from open-plan kitchen, living and dining space, stylish bathroom suite, washer/dryer provided and allocated parking.


Key Features

These new homes benefit from:

  • Spacious open plan kitchen/living/dining space
  • Modern bathroom suite
  • District Heating system
  • Convenient entrance hall storage cupboard with washer/dryer provided
  • Secure door entry system
  • External private balcony to Plots 5005, 5009 & 5013
  • Allocated parking space

Download Documents

Property brochure 1 Property price list
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Calculate Monthly Cost

Share price
£ 51,250
Min. £51,250
Share percentage
Min. 25%
Your deposit
Min. £2,563
Monthly cost*
£702
Cost breakdown
£320
Rent
£135
Service charge
£247
Mortgage*
Calculated using a representative rate of 3.64%
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Sovereign

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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.