2 bed Flat For Sale £120,000
**40% shared ownership** Stanford Estate Agents are delighted to present this impressive & spacious two bedroom penthouse apartment in Centenary Quay. The property is immaculate throughout & boasts an en suite to the master bedroom, sun terrace & additional balcony & allocated off road parking.
**40% shared ownership**
This is a shared ownership property & the available share for sale is 40%.
The sale price of the 40% share is £120,000. This is based on 40% of the open market value of £300,000. The sale price is non-negotiable.
Anyone wishing to purchase the property must be assessed & approved by Home Group before any sale can be agreed.
The total monthly charges payable to Home Group are *£591.96 and are broken down as follows:
Rent- £405.31
Management charge - £5.75
Service charge- £180.90
Eligibility:
1: Minimum deposit requirement - 5%
2: Total household income needs to be under £80,000
3: Priority for affordable housing is given to housing association or local authority tenants, first time buyers or members of the armed forces. Applicants relocating to the area for work purposes where property prices do not allow them to buy a suitable home for their family size or applicants going through a relationship breakdown will also be considered. If you have more than one person interested, please allocate on this basis. We can advise on appointing a buyer if required. Please only send your appointed buyer in the first instance and advise other interested parties of their reserve status.
4: Any applicants that currently own a property must have a sale agreed on their current property before they can be considered.
5: Applicants must be registered with the local Help to Buy Agent for the area.
6: Applicants must not currently own a home anywhere in the world, unless a court order forces them to remain on the deed of a property where their children reside.
7: Applicants must be unable to afford to buy a property suitable for their family size on the open market.
8: The Shared Ownership home they are looking to buy must be their principle or only home and they may not sublet all or part of it.
9: Applicants must be financially able to buy the property and pass a financial assessment and secure a mortgage if applicable.
10: Applicants should also be a British or EU/eea citizen, or have indefinite leave to remain, Customers who have indefinite leave to remain who are interested in buying a home must be able to demonstrate that they are able to raise a mortgage with an acceptable lender.
Entrance hall:
Smooth plaster ceiling, inset down lighting, telephone intercom system, airing cupboard with space & plumbing for a washing machine.
Open plan lounge/kitchen/dining room: (23'7" x 11'8")
Smooth plaster ceiling, double glazed door to front aspect leading to the balcony, double glazed door to side aspect leading out to the sun terrace, television point, telephone point, radiator, a range of wall mounted & base level units, roll top work surfaces, built in fridge/freezer, built in dishwasher, built in electric hob & electric oven with extractor hood above, stainless steel sink with mixer tap above, tiling to principal areas.
Bedroom 1: (17'9" x 9'10")
Smooth plaster ceiling, double glazed window to front aspect, radiator, television point, telephone point, built in wardrobe.
En suite:
Smooth plaster ceiling, extractor fan, heated towel rail, part tiled walls, panel enclosed bath with shower above, low level WC, wash hand basin.
Bedroom 2: (12'6" x 9'4")
Smooth plaster ceiling, double glazed window to front aspect, radiator.
Bathroom: (6'10" x 6'1")
Smooth plaster ceiling, extractor fan, inset down lighting, heated towel rail, part tiled walls, fully tiled shower, low level WC, wash hand basin.
Outside:
Secure allocated off road parking. Across the street is a large supermarket, coffee shop and retailers, as well as a local gym. The property is a 10 minute drive or 20 minute walk into the centre of town, 10 minute walk to Weston shore, 3 minute walk to Woolston train station and a 10 minute drive to Victoria Country Park.
Lease information:
The seller has provided the following lease information, however, this information should be clarified by a conveyancer/legal advisor before completing a purchase.
Years Remaining On The Lease: 122 Years
Ground Rent: £250 Per Annum
Service Charge: £2,172 Per Annum
other information:
Local council: Southampton City Council
council tax band: B
sellers position: Looking To Purchase A Property Locally
EPC rating: B
**40% shared ownership**
This is a shared ownership property & the available share for sale is 40%.
The sale price of the 40% share is £120,000. This is based on 40% of the open market value of £300,000. The sale price is non-negotiable.
Anyone wishing to purchase the property must be assessed & approved by Home Group before any sale can be agreed.
The total monthly charges payable to Home Group are *£591.96 and are broken down as follows:
Rent- £405.31
Management charge - £5.75
Service charge- £180.90
Eligibility:
1: Minimum deposit requirement - 5%
2: Total household income needs to be under £80,000
3: Priority for affordable housing is given to housing association or local authority tenants, first time buyers or members of the armed forces. Applicants relocating to the area for work purposes where property prices do not allow them to buy a suitable home for their family size or applicants going through a relationship breakdown will also be considered. If you have more than one person interested, please allocate on this basis. We can advise on appointing a buyer if required. Please only send your appointed buyer in the first instance and advise other interested parties of their reserve status.
4: Any applicants that currently own a property must have a sale agreed on their current property before they can be considered.
5: Applicants must be registered with the local Help to Buy Agent for the area.
6: Applicants must not currently own a home anywhere in the world, unless a court order forces them to remain on the deed of a property where their children reside.
7: Applicants must be unable to afford to buy a property suitable for their family size on the open market.
8: The Shared Ownership home they are looking to buy must be their principle or only home and they may not sublet all or part of it.
9: Applicants must be financially able to buy the property and pass a financial assessment and secure a mortgage if applicable.
10: Applicants should also be a British or EU/eea citizen, or have indefinite leave to remain, Customers who have indefinite leave to remain who are interested in buying a home must be able to demonstrate that they are able to raise a mortgage with an acceptable lender.
Entrance hall:
Smooth plaster ceiling, inset down lighting, telephone intercom system, airing cupboard with space & plumbing for a washing machine.
Open plan lounge/kitchen/dining room: (23'7" x 11'8")
Smooth plaster ceiling, double glazed door to front aspect leading to the balcony, double glazed door to side aspect leading out to the sun terrace, television point, telephone point, radiator, a range of wall mounted & base level units, roll top work surfaces, built in fridge/freezer, built in dishwasher, built in electric hob & electric oven with extractor hood above, stainless steel sink with mixer tap above, tiling to principal areas.
Bedroom 1: (17'9" x 9'10")
Smooth plaster ceiling, double glazed window to front aspect, radiator, television point, telephone point, built in wardrobe.
En suite:
Smooth plaster ceiling, extractor fan, heated towel rail, part tiled walls, panel enclosed bath with shower above, low level WC, wash hand basin.
Bedroom 2: (12'6" x 9'4")
Smooth plaster ceiling, double glazed window to front aspect, radiator.
Bathroom: (6'10" x 6'1")
Smooth plaster ceiling, extractor fan, inset down lighting, heated towel rail, part tiled walls, fully tiled shower, low level WC, wash hand basin.
Outside:
Secure allocated off road parking. Across the street is a large supermarket, coffee shop and retailers, as well as a local gym. The property is a 10 minute drive or 20 minute walk into the centre of town, 10 minute walk to Weston shore, 3 minute walk to Woolston train station and a 10 minute drive to Victoria Country Park.
Lease information:
The seller has provided the following lease information, however, this information should be clarified by a conveyancer/legal advisor before completing a purchase.
Years Remaining On The Lease: 122 Years
Ground Rent: £250 Per Annum
Service Charge: £2,172 Per Annum
other information:
Local council: Southampton City Council
council tax band: B
sellers position: Looking To Purchase A Property Locally
EPC rating: B
