Flat for sale in Kings Barton, Winchester, Hampshire SO22
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Utilities and more details
Property description
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 £96,000 with a minimum 5% mortgage deposit of £4,800. Initial shares can be purchased from 25% to 75% . Full market value £240,000.
Home 524 is a second 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 are two built in single storage cupboards.
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: £240,000
40% Share Price: £96,000
Rent on un-owned share £330.00pcm
Estimated service charge £92.62pcm
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**
For more information about this property, please contact
Morris Dibben - Chandlers Ford Sales, SO53 on +44 23 8210 9579 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Morris Dibben - Chandlers Ford Sales, and do not constitute property particulars. Please contact Morris Dibben - Chandlers Ford Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.