1 bedroom apartment for sale

Property Ref: 13850

A lovely jewel nestled atop the crown of Royal Clarence Marina. A short stroll to two premium artesian restaurants (The Bakers, and Arty's), two lovely coffee shops (The Pump House, and Tea by the Sea). Allocated parking is included, which is valid for the private parking lot next to the building grounds, and also valid for the additional parking near to the Pump House for added convenience on your walk so to Gosport Main Street.

This third floor flat is at the top of the building so there's nobody above you, and there are uninterrupted views of the local historical architecture. Facing south, it also has constant, and even sunlight. The property also features a bike storage area, and a modern elevator.

Yes, the price is written correctly! Due to the benefits of shared ownership, you can mortgage the small sum of 36,250 (a 25% share of the market value of £145,000) and pay a low monthly rent (circa 2.75%) on the remaining value, meaning your total costs will be very low in comparison to other rentals or full purchases. The current owner occupier pays £410.29 per month in total rental and service costs and a mortgage of less than £100 per month. You'll also benefit from a very low deposit requirement because the loan to value ratio is calculated against the mortgage amount, not the full value of a home (a 15% deposit would be £5,437). Though the building is very new, it has now been occupied for two years, which will mean more flexibility from some banks on deposit requirements.

Modern, and new, your perfect quiet home and home in a premium location for a minimal monthly cost due to the benefits of shared ownership.. ..

For viewing arrangement, please get in touch with 99home.



If calling, please quote reference: 13850


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*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.

AML: To comply with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, AMLTeam.co.uk , who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £20 per buyer, payable direct to AMLTeam . Please note, we are unable to issue a memorandum of sale until the checks are complete.
REFERRAL FEES We may suggest reputable providers of supplementary services, such as Conveyancing, Financial Services, Insurance, and Surveying. If you choose to utilize their services based on our recommendation, we may receive a commission payment or another form of benefit, referred to as a referral fee. It's important to note that you are not obligated to engage with the services of the recommended provider.

*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.


Fraud warning: We have had reports of fraudulent activities in our industry. DO NOT make any payment directly to the landlord or the seller. Be cautious of emails or messages asking you to transfer funds to any account, please contact us by telephone immediately to verify the authenticity of the communication and under NO circumstances action the request. If you paid any deposit or rent to 99home, we will release the fund to the landlord once you have moved in. Your safety is our top priority.

Additional Information

Council Tax band: B
Annual Service Charge: £1,774.80
Shared Ownership Property.
Shared Ownership Percent of Share Being Sold: 25%