Available through our resale shared ownership scheme, a ground floor, two-bedroom apartment situated in Fareham.
Property description:
The property comprises a private entrance, open plan dining and reception area, fitted kitchen with integrated appliances, two double bedroom, family bathroom with shower over bath, double glazing throughout and generous storage space.
The property also benefits from access to a well-maintained communal garden and two allocated off-street parking spaces.
Length of Lease: Commenced 2011 with 125-year term
Council Tax Band: Fareham – B
Gross Internal Area: 62m2
LOCAL AREA INFORMATION
• Situated within Tanners Gate development in the ever-popular location of Titchfield Common.
• Local shops and amenities of both Titchfield and Locks Heath are within easy reach.
• Transport links are easily access including A27 and M27 with Fareham and Swanwick stations being approximately 2 miles either side of the property.
FINANCIAL INFORMATION
Property Value = £205,000
Percentage Share = 45%
Share Price = £92,250
*Monthly Rent = £260.64
*Monthly Service Charge = £188.65
**Monthly Mortgage Payment = £535.00
***Annual Household Income = £34,000
*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 6%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced.
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.
