2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Shared Equity Apartment
- 75% of Full Market Value
- No Rent Payable on Remaining 25%
- Beautifully Appointed and Ready to Move in
- Two Bedrooms
- Fabulous Open Plan Kitchen / Living Room
- Bathroom
- Two Parking Spaces with EV Charging Point
- Stunning Village Location
- Terms and Criteria Apply
The properties were constructed by a very well regarded local developer, Merlin Homes, on behalf of Landspeed Homes Ltd. 2 Windwhistle Rise can be purchased at 70% shared equity (£238,000) based the full open market value of £340,000. There is NO RENT TO PAY on the 30% balance.
Certain basic criteria must be met in order to purchase this property and full information regarding the shared equity scheme is available upon request.
East Meon is a popular and picturesque village that has two public houses, a primary school, church and a village store with Post Office. There is an active village hall which hosts monthly cinema showings, (depending on the season), very active gardening and history clubs, a thriving day nursery and many other daytime and evening events. The surrounding countryside is nestled in the heart of the South Downs National Park and as can be expected offers fantastic walking and riding. Nearby, Petersfield provides excellent amenities including a twice weekly market, supermarkets include Waitrose, Tesco and M&S food hall and there are numerous cafes and boutique shops together with a mainline railway station serving London Waterloo.
MORTGAGE EXAMPLE
Plot 10 East Meon
Quotes below are based on a mortgage valuation of £340,000 and a mortgage of £221,000 with a deposit of £17,000(5%) over 35 years on a 5 year fixed rate and are an indication of current rates which may go up or down prior to application.
4.53% Fixed for 5 years
Survey fee: £100 (Payable on application)
Lender Arrangement fee £999 (Can be added to loan, figures assume added)
John Charcol Ltd broker fee £299 (Payable at mortgage offer)
Redemption penalty: 5%/4%/3%/2%/1% Early Repayment charges within the 5 year rate on any overpayment greater than 10% of the amount borrowed per annum.
Monthly payment £1053.97 over 35 years repayment, during the fixed rate period
Places of interest
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Property reference PET240146. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Homes Estate Agents - Petersfield.
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on November 22, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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