2 Beech Avenue, Bitterne, SO18

***75% SHARED OWNERSHIP***

INTRODUCTION

Offered to the market with no forward chain, this well-presented two-bedroom first-floor apartment provides comfortable and practical living throughout. The accommodation comprises an entrance hall, two bedrooms, a modern shower room, a spacious lounge, and a fitted kitchen. Additional benefits include a Juliet balcony, access to a communal lounge, and shared laundry facilities.

LOCATION

Bitterne has a thriving centre that offers a broad range of shops and general amenities along with its own infant, junior and senior schools and train station. Southampton’s city centre with its broad range of shops including WestQuay shopping centre, its bars, restaurants, cinemas, amenities and mainline railway station is within easy reach. Southampton Airport is around twenty minutes away and all main motorway access routes are also close by, including M27 links east and west bound via M3 to M25 and via A3 to London.

INSIDE

Access to the building is via a secure entry system leading into a well-maintained communal hallway, with both stairs and lift access to all floors. The apartment is situated on the first floor.

Upon entering, you are welcomed into a bright entrance hall featuring a double-glazed window to the front, carpeted flooring, a radiator, a built-in storage cupboard, and doors leading to all principal rooms.

Bedroom two is positioned at the front of the property and offers a double-glazed window, carpeted flooring, and a radiator.

The shower room is fitted with a wet room-style shower, WC, and wash hand basin. It also benefits from an obscure double-glazed window to the side, vinyl flooring, and a radiator.

Bedroom one is located at the rear of the property and includes a double-glazed window, carpeted flooring, a radiator, and direct access to the shower room.

The lounge is a bright and inviting space with a double-glazed window and door opening onto a Juliet balcony, allowing for plenty of natural light. It features carpeted flooring, a radiator, and access to the kitchen.

The kitchen is fitted with a range of wall and base units complemented by roll-top work surfaces and a stainless steel sink. Additional features include vinyl flooring, space for a fridge freezer, and an integrated oven and hob with extractor fan above.

AGENTS NOTE

The property is leasehold, (with the lease dating from 2009) and we are advised (by the vendor) that there is approx. 108 years remaining on the lease. (£672.62 Service Charge per calendar month). Disclaimer – information has been given by the owner – please seek verification via your solicitor prior to purchase. The vendor has provided us with the estimate breakdown of the Service Charge which is as follows:

Communal Service Charges - Estimated Charges 26/27
Assisted Bath Maintenance - £5.53 Catering Overheads - £1,456.35 CCTV - £15.75 Communal Assets - £238.02 Communal Cleaning - £511.21 Communal Electricity - £683.45 Communal Gas - £175.61 Communal Gas Boiler Servicing - £54.01 Communal Repairs - £600.00 Communal Water - £132.37 Door Entry System - £11.50 Enhanced Housing Management Service - £958.75 Fire Safety Equipment - £233.86 Grounds Maintenance - £176.35 Health & Safety - £82.09 Kitchen Equipment - £146.15 Laundry Machine Maintenance - £60.23 Lift Charges - £259.92 Sewage Plant - Pumping Station - £103.62 Site Inspections & Clearances - £0.47
Leasehold & Personal Charges - Estimated Charges 26/27
Call System - £9.86 Heating - £649.77 Building Insurance - 2 Bed - £162.47 Management Fee - £362.27 Sinking Fund Buildings - £731.19 Support Charge - £52.08 Water - £198.56
Estimated Annual Service Charge - £8,071.44 - Estimated Monthly Service Charge - £672.62

INFORMATION ON SHARED OWNERSHIP
To be eligible for Extra Care Shared Equity you must meet the relevant age criteria for the scheme, this will either be over 55 or over 60. Please note the minimum share available is always 75% and rent is not payable on the unowned share. 

Interested buyers will be required to have an assessment with the Scheme Manager to ensure they are suitable for Extra Care and that their needs can be met by the scheme.

To use the on-site care team, residents are required to have their needs assessed by the local council. This will determine how much care the resident needs and what they will need to pay. The care team are on site 24 hours a day to administer commissioned care, but will also respond to emergency calls.

 To apply, please complete the following steps:

• Applicants must complete an expression of interest form and arrange to view the property,

• Upon request, applicants must provide supporting documentation noted on the expression of interest form so a thorough affordability assessment can be carried out. It is a Saxon Weald requirement that applicants have a maximum of £500,000 available to them in savings, assets and sale proceeds at the time of applying. Applicants who exceed this amount will be automatically declined unless there are exceptional circumstances. Please ask for further details.

• If the affordability assessment is successful a Scheme and Care Manager assessment is to be carried out.

• On successful completion of both assessments above, applicants will be issued with a formal offer to purchase which will need to be accepted alongside a reservation fee of £500.

 SERVICES

Electricity, water and mains drainage are connected. Please note that none of the services or appliances have been tested by White & Guard.

Fibre Broadband is available with download speeds of up to 76 Mbps and upload speeds of up to 15 Mbps. Information has been provided by the Openreach website.

Disclaimer

Buyers: If you have an offer accepted on a property through White & Guard, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks. There is a charge of £30 + VAT for these checks per applicant. Sellers: Upon receipt of instructions to act in the selling of your home, under Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks. There is a charge of £30 + VAT per owner