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Romsey Road, Winchester, SO22

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

Reserve now & receive £6,000 cashback - available for a limited time only.* Unlock your home buying potential with Shared Ownership at Knights Quarter, central Winchester.

Two bedroom apartment available to purchase from a 25% share at £92,500 with a minimum 5% mortgage deposit of £4,625.00. Initial shares can be purchased from 25% to 75% . Full market value £370,000.

Home 179 is a 2 bedroom second floor apartment with residents off street parking & balcony. the entrance hall benefits from two storage cupboards and leads to the bedrooms, bathroom and open plan kitchen living/dining room featuring double glazed window & door to the balcony.

New 1 & 2 bedroom Shared Ownership Apartments available to move in now, with carpets and flooring fitted throughout. Choose from a variety of layouts to find the perfect home for you - all featuring an open-plan kitchen/dining/living area with a stylish fitted kitchen, generous storage space, sleek bathroom suite, plus parking. Select homes also benefit from a balcony/terrace.

With the city centre just ten-minutes’ walk, you’ll have an array of shops, restaurants, and leisure facilities to enjoy. You’ll also benefit from excellent rail links to London, Southampton and Basingstoke.

Purchase Example:

Full Market Value: £370,000
25% Share Price: £92,500
Rent on un-owned share £578.13pcm
Estimated service charge £122.49pcm

Shared Ownership gives buyers that do not own a home and those that currently own a home that is under offer, the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Knights Quarter you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide, or your current home is under offer.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain. Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

*T&Cs apply. Offer valid on Knights Quarter development only, subject to availability, and for a limited time only. Cashback incentive, up to a maximum value of £6,000, which cannot be more than 5% of your share price, will be received as cashback after successful completion of the home to your bank account provided (please note there is a 7-10 working day lead time). Applicable to new reservations only. We reserve the right to withdraw this offer at any time.

**images shown are for information purposes only and may not represent a true likeness for the unit being sold. They may have been taken from earlier phases or similar apartments within the development and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not necessarily plot specific.

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

135 years left

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: TBC

Romsey Road, Winchester, SO22

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Winchester Station0.4 miles
  • Shawford Station2.9 miles
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About the agent

Morris Dibben, Chandler's Ford

The Mall Winchester Road Chandler's Ford SO53 2QD

Morris Dibben, Chandler's Ford

About this branch

Our Sales and Lettings branch is located on Winchester Road in the heart of Chandler's Ford. The branch covers the Eastleigh Borough including Chandler's Ford, Bishopstoke and the surrounding areas.

Local information about Chandler’s Ford

Chandler's Ford forms part of the Borough of Eastleigh in Hampshire, tucked between Southampton and Winchester. Chandler's Ford was placed sixth in the list of British cities with the best quality of life, by Economists in

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference AQO230264. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Morris Dibben, Chandler's Ford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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