1 bed flat for sale

Hotspur Road, Warsash, Southampton, Hampshire SO31

Available Now on a Shared Ownership basis, is this brand new one bedroom ground floor maisonette located at Herons Quarter Warsash. Contact us today for further information.

Your Initial purchase can be made from a 25% share at £47,000 with a minimum 5% mortgage deposit of £2,350. Shares can be purchased from 25% to 75% . Full market value £190,000.

Home 57 is a ground floor one double bedroom maisonette with private entrance. The hallway has a storage cupboard and leads to the bathroom with three piece suite and shower over bath, double bedroom with double glazed window and open plan living/dining and kitchen area. The kitchen has matching units with worktops, fitted oven, hob, hood and a double glazed window to the front aspect. Whilst the living space benefits from double glazed patio doors opening to a private outside space.

Flooring is provided through out including carpets to non-wet areas and Vinyl flooring to wet areas, this property has one parking space (right to use) and utilities include gas, electric, water (metered) and waste water.

General specification includes:

• Decorated in a neutral style
• Carpet in non-wet areas
• Vinyl in wet areas
• Oven, hob and hood
• Shower over bath
• Gas Combi Boiler
• Plots 55 & 56 feature two parking spaces^ (Right to Use)
• Plots 57 & 60 feature one parking spaces^ (Right to Use)

Purchase Example:
Full Market Value: £190,000
25% Share Price: £47,000
Rent on un-owned share £326.56pcm
Estimated service charge £35.54pcm
Lease length 990 years

Please note: Currently only applicants with a live/work/family connection to the Fareham Borough Council Area can be considered

Herons Quarter is a new development of homes in the Warsash area Heron’s Quarter is set in the pretty maritime village of Warsash, located in the south of Hampshire. This coastal village is
situated at the mouth of the River Hamble. This location is ideal if you enjoy sailing, being on the water or enjoy a stroll along the banks of the river. The village is very friendly and there are plenty of options for socialising with several pubs, bars and restaurants nearby.

Aside from the shops supplying everyday essentials in Warsash, there’s a larger supermarket, Waitrose and more at the Locks Heath Centre. Just along the M27 is the popular village of Hedge End, here you’ll find a large Sainsbury’s Supermarket, B&Q, tk Maxx
and Home sense, M&S, B&M, Pets at Home, Lidl, Aldi, Next Home, and many more places to eat
and drink.

Shared ownership lets you buy a share of your new home. You can start at just 25% with a 5% deposit. You pay rent on the rest. If you buy a 25% share on one of these apartments, you can expect the rent to be around £326.56 per month*.

In the future, as your financial situation changes, you can buy greater shares if you want to. This is called staircasing. As your share goes up, your rent comes down.

*Prices are based on buying a 25% share in a 1 bedroom apartment with a fmw of £190,000, shares start from £47,500 with a monthly rent of example of £326.56 (Based on unsold equity at 2.75% of value). Terms and conditions apply.

**Images shown are for indicative purposes only and are of the local areas. The product and finish shown may not reflect the actual plot advertised. These are for guidance and example purposes only. Plans are of the actual property advertised but are not to be relied on**