Description

Available on a 40% shared ownership basis and offered with no forward chain, this spacious two-bedroom first-floor apartment is situated within a modern purpose-built development just off Shirley High Street, presenting an excellent opportunity for first-time buyers, or those looking to downsize.

The accommodation comprises two well-proportioned double bedrooms, a bright and spacious lounge/diner with patio doors opening onto a private balcony, creating a light and airy living environment, a separate fitted kitchen offering ample storage and worktop space, and a bathroom.

Further benefits include an allocated parking space, adding both convenience and practicality.

Ideally positioned within easy reach of Shirley High Street, the property enjoys access to a wide range of shops, cafés, and local amenities, along with excellent transport links providing convenient access to Southampton city centre and surrounding areas. Combining modern living with a highly convenient location, this apartment represents a fantastic opportunity for a range of purchasers.

* The seller has provided the following lease information via Stonewater’s report, however, this information should be clarified by a conveyancer/legal advisor before completing a purchase. *

Lease Information:
Lease Remaining: 106 years
Service Charge: £105.09 per month

Shared Ownership Rent: £301.69 per month
Purchase Percentage: 40%

Regal Properties

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Important Notice: All offers are subject to verification in line with current anti-money laundering legislation. Prospective purchasers must provide valid identification as part of this process.

Please be aware that properties will not be withdrawn from the market until all necessary anti-money laundering and financial verification checks have been completed.

All property information, including any stated measurements, is intended for general guidance only. Buyers are advised to carry out their own measurements and checks before committing to any costs.

We appreciate your understanding and cooperation.

Shared Ownership Information:

Eligibility You can apply to buy the home if both of the following apply:

• your household income Is £80,000 or less
• you cannot afford all of the deposit and mortgage
payments to buy a home that meets your needs

One of the following must also be true:

• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household – for example, after a relationship breakdown
• you’re an existing shared owner, and you want to
move
• you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.