Shared ownership
£82,5002 bedroom semi-detached house for sale
20 Great Copper Thorn, Stubbington, Fareham
New build
Recently added
Semi-detached house
2 beds
2 baths
Key information
Tenure: Leasehold | unconfirmed share | unconfirmed yrs left
Council tax: Ask agent
Features and description
- Tenure: Leasehold
- Newbuild Shared Ownership
- Current expected handover date from developers: January 2025
- Initial shares available from 25%
- MOD Applicants will have priority followed by first come first served
- Leasehold with 990 year lease
- Pets welcome
- NHBC Warranty Provided
- You can't rent out (sublet) these properties, see the key info document for more details
- Reservation fee of £99 (non refundable) which will be deducted from the monies you pay at completion.
- Staircasing to 100% is available on these homes, see the key info document for more information about this
*AVAILABLE TO BE RESERVED OFF PLAN*
*SHARED OWNERSHIP*
Stonebridge Shaw is pleased to bring to the market, in partnership with VIVID, this 2 bed, new build home. By enquiring with us your details will be provided to VIVID.
Apply now for a stunning newbuild Shared Ownership (part buy, part rent) 2 -bedroom house. Shares start from 25%
Shared Ownership, also known as 'part-buy, part-rent' is a great option for new home buyers, or for those struggling to save a large deposit. The Shared Ownership scheme allows you to purchase shares of your home, usually between 25% and 75%, initially and pay rent on the remaining share. Unlike buying on the open market, you don’t need a deposit for 100% of the property price. In many cases, you’ll only need a 5% deposit of the share you’re purchasing (subject to lender availability and criteria). You’ll need to be financially assessed to determine the share you are able to purchase.
MINIMUM 25% SHARE ADVERTISED AT £82,500 - FULL MARKET VALUE £330,000
•Monthly rent example on un-owned 75% share: £567.19
•Monthly initial estimated service charges: £26.57
•The minimum Share available to purchase is from 25%
Who can apply for Shared Ownership?
You can apply if your household income is £80,000 a year or less and you can’t afford to buy a suitable home on the open market.
If you’ve never owned a home before, Shared Ownership’s a fantastic opportunity to get on the housing ladder and it’s also a great option if you’re in one of the following groups:
• You’ve owned a home before, but can’t afford to buy one now
• You’re forming a new household (for example, following a relationship breakdown)
• You’re an existing Shared Owner and want to move to a new home
• You own a home, but can’t afford to buy a new one that suits your current needs
If you own another property in the UK or abroad, you’ll need to sell this at the same time as buying your new Shared Ownership home. So, if you’re a homeowner, VIVID will ask you to confirm your property’s under offer.
At Oakcroft Chase, you can buy additional shares in your home over time if you’d like to, so that eventually you could own 100% of the property.
Specification:
Symphony kitchen with soft close doors and drawers with laminate worktops
Electrolux stainless steel integrated under counter single conventional electric oven
Electrolux 4 ring electric ceramic hob
Stainless steel extractor chimney hood
Turfed rear garden
Flooring provided
Please note: Flooring & kitchen unit colours are to be confirmed.
VIVID are selling these homes off plan, so viewings are not available until later on in your purchase.
Images shown may be photographs or CGI (computer generated images) of current or coming soon properties. Photographs or CGI images are produced in good faith as visual representations to give potential customers a representation of each house or apartment. They may not represent a specific plot, the finishes, plot sizes and landscaping will vary.
If you’re viewing this property on an App you may not be able to view full information, so please visit the VIVID Homes website
Note from the team at Stonebridge Shaw
We always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided. However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person.
Tenure: Leasehold
*SHARED OWNERSHIP*
Stonebridge Shaw is pleased to bring to the market, in partnership with VIVID, this 2 bed, new build home. By enquiring with us your details will be provided to VIVID.
Apply now for a stunning newbuild Shared Ownership (part buy, part rent) 2 -bedroom house. Shares start from 25%
Shared Ownership, also known as 'part-buy, part-rent' is a great option for new home buyers, or for those struggling to save a large deposit. The Shared Ownership scheme allows you to purchase shares of your home, usually between 25% and 75%, initially and pay rent on the remaining share. Unlike buying on the open market, you don’t need a deposit for 100% of the property price. In many cases, you’ll only need a 5% deposit of the share you’re purchasing (subject to lender availability and criteria). You’ll need to be financially assessed to determine the share you are able to purchase.
MINIMUM 25% SHARE ADVERTISED AT £82,500 - FULL MARKET VALUE £330,000
•Monthly rent example on un-owned 75% share: £567.19
•Monthly initial estimated service charges: £26.57
•The minimum Share available to purchase is from 25%
Who can apply for Shared Ownership?
You can apply if your household income is £80,000 a year or less and you can’t afford to buy a suitable home on the open market.
If you’ve never owned a home before, Shared Ownership’s a fantastic opportunity to get on the housing ladder and it’s also a great option if you’re in one of the following groups:
• You’ve owned a home before, but can’t afford to buy one now
• You’re forming a new household (for example, following a relationship breakdown)
• You’re an existing Shared Owner and want to move to a new home
• You own a home, but can’t afford to buy a new one that suits your current needs
If you own another property in the UK or abroad, you’ll need to sell this at the same time as buying your new Shared Ownership home. So, if you’re a homeowner, VIVID will ask you to confirm your property’s under offer.
At Oakcroft Chase, you can buy additional shares in your home over time if you’d like to, so that eventually you could own 100% of the property.
Specification:
Symphony kitchen with soft close doors and drawers with laminate worktops
Electrolux stainless steel integrated under counter single conventional electric oven
Electrolux 4 ring electric ceramic hob
Stainless steel extractor chimney hood
Turfed rear garden
Flooring provided
Please note: Flooring & kitchen unit colours are to be confirmed.
VIVID are selling these homes off plan, so viewings are not available until later on in your purchase.
Images shown may be photographs or CGI (computer generated images) of current or coming soon properties. Photographs or CGI images are produced in good faith as visual representations to give potential customers a representation of each house or apartment. They may not represent a specific plot, the finishes, plot sizes and landscaping will vary.
If you’re viewing this property on an App you may not be able to view full information, so please visit the VIVID Homes website
Note from the team at Stonebridge Shaw
We always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided. However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person.
Tenure: Leasehold
Property information from this agent
About this agent
Full profileProperty listings
Stonebridge Shaw was founded by a group of experienced property people who shared the same vision: to bring a fresh approach to estate agency. The service uses clever technology and combines it with a professional, highly trained team of Property Advisers available at our head office branch in Portishead, Bristol, and over the phone 7 days a week. We understand that the process for advertising and selling properties has changed massively with the growth of the internet and the existence of 2 or 3 dominant property websites. Stonebridge Shaw advertises on all of the key property websites in the UK, like most high street agents. However, because we cover the whole of England and Wales from one office, we keep our costs low and are able to pass these savings on to our sellers and landlords. We make the process of putting your property on the market as simple and hassle free as possible. That is why you will be allocated your own personal Property Adviser to help you through every step. Their job is to take any information we need from you over the phone, arrange everything that is required to market your property on the major portals, book your viewings and negotiate the sale or let. It really couldn’t be any easier – please do call us and find out for yourself.
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