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Overview Key information

3 bedroom semi-detached house
Shared Ownership (resales)
£160,000
40%
share
Full market value:
£400,000
Minimum deposit:
£16,000
3 bed 1 bath 937 sq. ft.
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Available through our resale shared ownership scheme, a three-bedroom, two storey, semi-detached house in Winchester.

Property description:

The property ground floor comprises a fitted kitchen with integrated appliances, reception room, a W/C and under-stair storage. The first floor comprises three bedrooms, a family bathroom with shower over bath and a hallway storage cupboard.

The property also benefits from side gate access to private garden with shed and allocated parking.

Priority to those who live, work or have a direct family connection to Kings Worthy.

Lease: Commenced 2008 with 125-year term

Council Tax Band: Winchester Council – C

Approx. Gross Internal Area: 937sq.ft.

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

LOCAL AREA INFORMATION

• Located right near a bus stop which has direct links to Kings Worthy.

• Walking distance to a local Tesco, pharmacy, post office and other amenities.

• Kings Worthy primary school is nearby alongside green spaces.

FINANCIAL INFORMATION

Property Value = £400,000

Percentage Share = 40%

Share Price = £100,000

Monthly Rent = £712.97

Monthly Service Charge = £51.63

Please note the rent and service charge is reviewed annually 01 April.

Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.

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