Available through our resale shared ownership scheme, a semi-detached two-bedroom house situated in Sutton Scotney.
The property comprises a private entrance, kitchen and reception, fitted kitchen with integrated appliances, downstairs W/C, double bedroom with en-suite, second bedroom, family bathroom with shower over bath, double glazing throughout and generous storage space.
The property also benefits from access to a private rear garden with shed and an allocated off-street parking space.
Length of Lease: Approx. 997 Years
Council Tax Band: Winchester Council – D
Gross Internal Area: 81m2
PLEASE NOTE: THIS LEASE IS RESTRICTED TO 80% STAIRCASING
APPLICATION CRITERIA (priority of the below will be given to those with a connection to Sutton Scotney and those with children)
o Applicants must have a strong local area connection of one or more of the following:
o The applicant is a current parish of Wonston resident.
o The applicant is a previous parish of Wonston resident and currently has family who reside there
o The applicant has a need to live in the parish of Wonston due to employment.
LOCAL AREA INFORMATION
o Walking distance from local amenities such as pub, post office, village shops, GP surgery and petrol station
o Approximately six miles from Winchester city centre
o Easy transport links, several motorway links and bus/railway routes
o Within proximity of local primary and secondary schools.
Property Value = £400,000
Percentage Share = 30%
Share Price = £120,000
Monthly Ground Rent = £20.83
*Monthly Rent = £498.16
*Monthly Service Charge = £40.19
**Monthly Mortgage Payment = £1,362
***Annual Household Income = £68,000
*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).
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.
Contact us now to arrange a viewing:
Please call the Sales Team on 0345 606 1221 and provide the following information:
Your Contact Number/Email
Your Hyde New Homes or Help to Buy reference number**
Your Deposit for the mortgage
If it is a Single/Joint application (if married it must be joint)
Your Current salary (single/Joint where applicable)
Do you have any children? If so, how many?
Do you own any pets? If so, what?
Are you a current homeowner?
**To obtain a Hyde New Homes Reference number, visit https://so.hydeform.co.uk/ to register and complete the online application. A reference number will be emailed to you once the application is completed.