House For Sale £129,000
The best of both worlds
A beautiful new community of 2 bedroom apartments and 3 bedroom houses available with Shared Ownership.
Plot 98 is a 75 square meter, three bedroom mid terrace house with two parking bays available to purchase through Shared Ownership.
Available to purchase from a 40% share.
Financial Breakdown:
- Full Market Value: £322,500
- 40% Share Value: £129,000
- 5% deposit of 40%: £6,450
- Rent on unowned share: £444 per month
- Service Charge: £93.56 per month
- Council Tax: TBC*
Lakedale at Whiteley Meadows is part of an emerging community of Shared Ownership homes with excellent amenities and transport options nearby.
With a range of shops, restaurants and amenities on your doorstep, beautiful nature in the surrounding area and the cities of Southampton and Portsmouth both less than half an hour away, there is something for everyone.
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
Local area
Whiteley is a recently created community within walking distance of the development, home to large shopping centre, leisure centre, cinema complex and a large parkland area. There is also an excellent selection of ‘Outstanding’ and ‘Good’ Ofsted-rated schools nearby.
The M27 gives easy access further afield and the vibrant cities of Portsmouth and Southampton are less than half an hour away. Plus Botley train station is 7 minutes away, with regular services to London Waterloo, Cosham, Portsmouth and Southampton.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:
To be eligible for a home at Lakedale at Whiteley Manor, you'll need to:
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Computer Generated Images of Lakedale at Whiteley Meadows are indicative only.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
