- Shared Ownership
- Two Bedroom Flat
- Ground Floor
- Allocated Parking
- Fitted Bathroom
- Double Bedrooms
- Ideal First Time Buy!
- Viewing Essential
2 Bedroom Ground Floor Flat for sale in Fareham
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IDEAL FIRST TIME BUY OR INVESTMENT This property is available to buy on a PART BUY PART RENT SCHEME. Potential buyers can purchase a 45% share for £87,750 or 100% of £195,000. This ground floor two bedroom apartment is very spacious and consists of an entrance hallway, lounge/diner, fitted kitchen, master bedroom with built in wardrobes, a double sized second bedroom and fitted bathroom. Outside there is a pleasant communal garden and two allocated parking spaces. An early inspection is strongly advised to avoid disappointment - call us now on 01329 665700.
Front Door
Into...
Entrance Hallway
Skimmed ceiling, radiator x 1, doors into...
Lounge/Diner
17' 10'' x 9' 4'' (5.436m x 2.845m)
Skimmed ceiling, double glazed window to side elevation, television point, radiators x 2.
Kitchen
10' 7'' x 7' 9'' (3.237m x 2.359m)
Skimmed ceilings, double glazed window to front elevation, a range of wall and base units with worktops over, inset stainless steel sink and drainer, gas hob with extractor fan over, electric oven, space for fridge freezer, space and plumbing for washing machine, part tiled walls, extractor fan.
Bedroom 1
14' 7'' x 8' 3'' (4.457m x 2.505m)
Skimmed ceiling, double glazed window to side elevation, built in wardrobe, radiator.
Bedroom 2
13' 1'' x 8' 3'' (3.980m x 2.527m)
Skimmed ceiling, double glazed window to side elevation, radiator.
Bathroom
6' 11'' x 6' 3'' (2.108m x 1.903m)
Skimmed ceiling with inset spotlighting, panel bath with shower over, W/C, pedestal wash hand basin, wall mounted light with shaver point, extractor fan, part tiled walls, radiator.
Outside
Allocated Parking
Two allocated parking spaces.
Communal Gardens
Pleasant communal gardens to the rear of the property laid to lawn.
Shared Ownership and Leasehold Details
Length of Lease: Approx. 114 Years
Shared Ownership with Hyde.
Property Value = £195,000
Percentage Share = 45%
Share Price = £87,750
*Monthly Rent = £243.59
*Monthly Service Charge = £158.03
***Annual Household Income = £28,000
*Please note the rent and service charge is reviewed annually 01 April.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).
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 £24000
- Your deposit amount is greater than £7650
Important information
This is a Leasehold Property
Property Ref: EAXML14901_11552718
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Chambers Sales & Lettings (Stubbington)
25 Stubbington Green, Stubbington, Hampshire, PO14 2JY
01329 665700
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