Flat for sale in Kings Barton, Winchester, Hampshire SO22

Contact us today to discuss these brand new one & two bedroom apartments available to purchase on a Shared Ownership basis at Kings Barton, Winchester.

One bedroom apartments available to purchase at a 40% share at £92,000 with a minimum 5% mortgage deposit of £4,600. Initial shares can be purchased from 25% to 75% . Full market value £230,000.

Home 515 is a ground floor one bedroom apartment which benefits from an L-shaped open plan living/dining room & kitchen with dual aspect double glazed windows and double glazed patio door with Juliette balcony Double bedroom with double glazed window and three piece bathroom suite. In the hallway is a built in single storage cupboard.

General specification includes:

• Carpet in non-wet areas
• Vinyl in wet areas
• Oven, hob and hood
• Shower over bath
• Neutral decoration throughout
• Parking

Purchase Example:
Full Market Value: £230,000
40% Share Price: £92,000
Rent on un-owned share £316.25pcm
Estimated service charge £92.36pcm

Commuter links are good, with Winchester
railway station only a mile away, where you can reach London Waterloo in just over 1 hour or Southampton in about 22 minutes. By car, you’re within close reach of the A34, which connects to the A303 and the M3, providing access to the Midlands, Southwest, and London, with Southampton Airport around 13 miles away as well as a good choice of state and public schools nearby including Winchester college.

Shared ownership lets you buy a share of your new home. You can start at just 25% with a 5% deposit. You pay rent on the rest. If you buy a 25% share on one of these apartments, you can expect the rent to be around £395.31 per month*. In the future, as your financial situation changes, you can buy greater shares if you want to. This is called staircasing. As your share goes up, your rent comes down. If you’d like to get a better understanding of how much buying a brand new home at Kings Barton would cost you.

*Prices are based on buying a 25% share in a 1 bedroom apartment with a fmv of £230,000, shares start from £60,000 with a monthly rent of example of £395.31 (Based on unsold equity at 2.75% of value). Terms and conditions apply.

**Images shown are representative of the development. The product and finish shown may not reflect the actual plot advertised. These are for guidance and example purposes only. Plans are of the actual property advertised but are not to be relied on**