No longer on the market
This property is no longer on the market
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Map3 bedroom terraced house
Featured
New build
Terraced house
3 beds
1 bath
913 sq ft / 85 sq m
Key information
Tenure: Leasehold | 45% share | rental £519.92pcm | 990 yrs left
Service charge: £650 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Features and description
- Tenure: Leasehold (990 years remaining)
- Shared Ownership
- Shares Available From 45%-75%
- Three Bedroom Homes
- Travel To Southampton & Portsmouth
- Local Schools
- Parking
- £1,500 Towards Legal Fees
SHARED OWNERSHIP
Situated in a family-friendly environment, Lake Swanmore is convenient for access to both Southampton and Portsmouth. Away from city life, you will also be located close to the beautiful countryside of the Meon Valley – part of the South Downs National Park.
Within the village you will find two pre-schools and a primary and secondary school which are both on New Road and within walking distance of Lake Swanmore, so you’ll soon feel that you’re a part of the community.
Other amenities in the village include pubs, the village hall, leisure centre and a golf
centre. Nearby, the internationally renowned sailing communities of The Solent, Chichester Harbour and the Isle of Wight are a huge draw for sporting enthusiasts, and there are some lovely beaches to explore.
THE SCHEME
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
You can buy a minimum 45% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
AFFORDABILITY
The share purchase price is calculated using the full market value and the percentage share purchased. If you buy a larger share, you'll pay less rent. The table below shows further examples.
45% share (£185,625) Rent = £519.92
50% share (£206,250) Rent = £472.66
60% share (£247,500) Rent = £378.13
70% share (£288,750) Rent = £283.59
75% share (£309,375) Rent = £236.33
The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Initial rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.
T&Cs *Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Situated in a family-friendly environment, Lake Swanmore is convenient for access to both Southampton and Portsmouth. Away from city life, you will also be located close to the beautiful countryside of the Meon Valley – part of the South Downs National Park.
Within the village you will find two pre-schools and a primary and secondary school which are both on New Road and within walking distance of Lake Swanmore, so you’ll soon feel that you’re a part of the community.
Other amenities in the village include pubs, the village hall, leisure centre and a golf
centre. Nearby, the internationally renowned sailing communities of The Solent, Chichester Harbour and the Isle of Wight are a huge draw for sporting enthusiasts, and there are some lovely beaches to explore.
THE SCHEME
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
You can buy a minimum 45% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
AFFORDABILITY
The share purchase price is calculated using the full market value and the percentage share purchased. If you buy a larger share, you'll pay less rent. The table below shows further examples.
45% share (£185,625) Rent = £519.92
50% share (£206,250) Rent = £472.66
60% share (£247,500) Rent = £378.13
70% share (£288,750) Rent = £283.59
75% share (£309,375) Rent = £236.33
The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Initial rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.
T&Cs *Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Rooms
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents 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.
About this agent
Here at haart, we are on a mission to get you moved. We have unique technology that gets your home hundreds more clicks, agents who listen and will negotiate hard on your behalf and you don’t pay us a penny until we succeed. Big Benefits. Being the UK’s largest independent estate agent, our size allows us to invest in the people and technology to get you moved, smart and fast and for more than you might think. No Sale, No Fee. We don’t think you should pay a penny to someone to sell or let your home, unless they actually do. So we don’t charge you until we have. As an agent we are members of the Property Ombudsman and the Association of Residential Letting Agents (ARLA) we adhere to a code of practice to ensure complete honesty and transparency in all our dealings with you.
