The property comprises of a bright secure communal entrance, open plan living/dining room area, fitted kitchen with freestanding oven and hob, two double bedrooms, family bathroom with shower over bath and double glazing throughout. The property also benefits from access to a well-maintained communal garden, access to a shed and an allocated parking space.

Length of Lease:

Approx 85 Years

Council Tax Band:

Southampton City Council Tax Band – B

Gross Internal Area:

65m2

 

LOCAL AREA INFORMATION

-The flat is in the district of Maybush, Southampton.  

-The property is in easy reach of the local shopping centre, a recreational sports ground and park.

-The property has great transport links with access to the M271 motorway with good links to the attractions of Southampton and the South Hampshire area.

FINANCIAL INFORMATION

Property Value = £160,000

Percentage Share = 60%

Share Price = £96,000

Monthly Rent = £133.04

Monthly Service Charge = £116.68

Monthly Mortgage Payment** = £480           

Household Income Required = £24,000

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give a fair 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.

Contact us now to arrange a viewing:

Call 0345 606 1221 or email info@hydenewhomes.co.uk.  Please ensure you are registered and approved for shared ownership by completing our application at so.hydeform.co.uk/index.

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