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£198,000

3 bed terraced house for sale
Oxlease Place, Romsey, Hampshire SO51

    • 3 beds

    • 1 bath

    • 1 reception

  • New home
  • Shared ownership
  • Leasehold

Morris Dibben - Romsey Sales

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About this property

    Discover Oxlease Place, a beautiful development of Shared Ownership houses with just two homes remaining, both offering three bedrooms with allocated parking.

    Plot 34 is a three storey three bedroom terrace house available to purchase at a 40% share at £198,000 with a minimum 5% mortgage deposit of £9,900. Initial shares can be purchased from 25% to 75%.

    Full market value £495,000.

    Call today to discuss this individual home!

    With two allocated parking spaces and active EV charging point, plot 34 benefits from an entrance hall giving access to the w.c, stairs to the first floor and doors to: Living/dining room, with double glazed window to the rear aspect and doble glazed patio doors to the garden.

    The kitchen situated to the front of the property has matching units with work tops, single drainer sink unit, fitted oven, hob and extractor, space for fridge freezer and plumbing for washing machine and double glazed windows to the front aspect.

    On the first floor are bedrooms one & two both with dual aspect double glazed windows and a built in cupboard to bedroom one, three piece bathroom suite with shower over bath and further stairs to the second floor landing leading to bedroom three with double glazed window to the front aspect.

    Outside, the rear garden is laid to lawn and is enclosed by fencing with garden gate to the rear.

    The property benefits from flooring throughout, heating via an air source heat pump and active EV charging point.

    Specification:
    More information will be confirmed on spec but, generally, our homes are:
    • Decorated in a neutral style
    • Carpet in non-wet areas
    • Vinyl in wet areas
    • Oven, hob and hood
    • Shower over bath
    • The ecology of the site means some of these homes may be fitted with
    extra measures to satisfy this criteria. This could include things like bee
    or bird boxes amongst other things. Please speak to your Sales Officer
    for more info on what ecological feature your plot may have.
    • Current plots features two parking spaces^ (demised)

    Services and Additional Information:

    Utilities - Air Source Heat Pumps, Electric, Water (Metered) & Waste Water
    Broadband - BT Openreach
    Broadband Coverage Checker -

    Mobile Coverage Checker -

    Construction method - Traditional

    This site is sloped and gardens may be affected

    Oxlease Place is a new development of houses, close to the historic town of Romsey and close to the River Test. Romsey is a beautiful market town on the edge of the New Forest with close links to Southampton and Winchester. Although rich in history, Romsey also has a cosmopolitan feel with stylish restaurants and bars and a range of shops including one-off boutiques alongside high street brands.

    Various events are held throughout the year including Romsey Carnival and an annual relay Marathon, which help to create a real community atmosphere. There are larger supermarkets just a few minutes’ drive away, and a regular farmers market too. As part of the recent housing development in this part of Romsey, Abbotswood plays host to new outdoor sports facilities including new Astro turf football pitches and two new rugby pitches. Cupernham Infant and Junior School is close by, there is also Abbotswood nursey in close vicinity too. The Romsey School is the closest for older children.

    Purchase Example:
    Full Market Value: £495,000
    25% Share Price: £198,000
    Rent on un-owned share £680.62pcm
    Estimated service charge £19.62pcm

    Ownership: 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 houses, you can expect the rent to be around £850.78 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. If you’d like to get a better understanding of how much buying a brand new home at Oxlease Place would cost you.

    *Prices are based on buying a 25% share in a 3 bedroom house with a fmw of £495,000 shares start from £123,750 with a monthly rent of example of £850.78 (Based on unsold equity at 2.75% of value). Terms and conditions apply.

    **Images shown are representative of the development and the homes available. The product and finish described may not reflect the actual plot advertised, floor plans & measurements are for reference purposes only and must not be relied on**

    More information

    • Tenure

      Leasehold (989 years)

    • Service charge

    • Council tax band

      A band has not yet been confirmed.

    • Ground rent

    • Ground rent date of next review

    See all recent sales in SO51

    Property descriptions and related information displayed on this page are marketing materials provided by - Morris Dibben - Romsey Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Morris Dibben - Romsey Sales for full details and further information.