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Drake Road, Lee On The Solent - Shared Ownership

PROPERTY TYPE

End of Terrace

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.

Key features

  • 40% SHARE OF SHARED OWNERSHIP
  • LOCATED CLOSE TO SEAFRONT
  • TWO DOUBLE BEDROOMS
  • NO FORWARD CHAIN
  • KITCHEN
  • LIVING ROOM
  • BATHROOM
  • DRIVEWAY PARKING & AN ALLOCATED PARKING SPACE
  • ENCLOSED REAR GARDEN
  • EPC RATING B

Description

DRAFT DETAILS AWAITING VENDOR APPROVAL 

DESCRIPTION 

NO FORWARD CHAIN. An excellent and rare opportunity has arisen to purchase 40% (full market value £320,000) SHARE of this SHARED OWNERSHIP two bedroom end terraced house located on the outskirts of the Daedalus development in Lee on Solent and within a 'stones throw' of Lee on Solent seafront. The internal accommodation comprises; entrance hall, cloakroom, kitchen, 16' living room with French doors onto the rear garden and to the first floor, there are two double bedrooms and a bathroom. Outside, there is driveway parking to the front, enclosed rear garden and an allocated parking space located to the rear of the house. Viewing is highly recommended by the sole agents. 

ENTRANCE HALL 
Double glazed front door. Smooth ceiling. Staircase rising to the first floor. Radiator.

CLOAKROOM 
Smooth ceiling with inset spotlighting. Extractor fan. Low level WC. Wash hand basin. Heated towel rail. 

KITCHEN 
Double glazed window to the front aspect. Smooth ceiling with inset spotlighting. Matching wall and base units with contrasting worktops. Four ring gas hob with extractor above. Integrated oven/grill. Space for fridge/freezer and washing machine.

LIVING ROOM 
Dual aspect with double glazed French doors leading to the rear garden. Double glazed windows to the rear and side aspect. Smooth ceiling. Two radiators. Understairs storage cupboard.

FIRST FLOOR

LANDING 
Smooth ceiling. Loft access. Radiator. Doors to:

BEDROOM ONE
Two double glazed windows to the rear aspect. Smooth ceiling. Radiator.

BEDROOM TWO 
Double glazed window to the front aspect. Smooth ceiling. Radiator.

BATHROOM 
Double glazed window to the side aspect. Smooth ceiling. Extractor fan. Suite comprising; bath with shower over and screen. Wash hand basin. Low level WC. Heated towel rail. Part tiled walls.

OUTSIDE 
To the front of the property, there is driveway parking. A further allocated parking space is located to the rear of the property and is labelled with the letter 'L'.

The rear garden has an initial patio area with a path leading to the gated rear access, which leads to the additional parking space. The remainder of the garden is barked. Timber garden shed.

LEASE INFORMATION 
Remainder of 125 year lease from 1st October 2019. 
Rent: £520.79 per month. 
Maintenance/service charge: £25.23 per month. 
Insurance charge: £9.52 per month. 
Management charge: £6 per month. 

Total of £561.53 a month payable on the 40% share.

The charges will be reviewed annually and the new charges come into effect on the 01/04/2026.

COUNCIL TAX 
Gosport Borough Council. Tax Band C. Payable 2025/2026. £1,924.04.
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway,Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Drake Road, Lee On The Solent - Shared Ownership

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About Pearsons, Fareham

21 West Street, Fareham, PO16 0BG
Industry affiliations:

About us

Our Grade II listed, triple fronted Fareham office is situated in the heart of the town centre in a high profile location, a stone's throw from the shopping precinct. We have a highly skilled and established team totalling over 150 years of collective experience in the property industry. Our success has been built on a passion for providing a first class, professional service and we are delighted to see so many clients and their families returning to us to sell their homes. Whether you are looking to buy, sell or rent, our expert team of valuers, negotiators and financial advisers will always be on hand to help you through the process.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£584
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference PFHCC_694863. 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 Pearsons, Fareham. 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.

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