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Kitchen
Living room
Living room
Hallway
Bedroom
Bathroom

1 bed apartment, Arcadia

Shared Ownership resale

£70,000

Based on buying a 40% share

Southampton, SO19 9XF

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  • 1
  • 1
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Features

  • Allocated parking
  • Private balcony
  • Modern fitted kitchen with integrated appliances
  • Good transport links into city centre

Extra information

  • Lease time remaining - 120 years
  • Council tax band - B

Description

Built in 2020, situated in the popular location of Woolston, this immaculate one-bedroom first floor apartment is finished to an excellent standard. 

Accommodation briefly comprises an entrance hall and one large storage cupboard, housing the washing machine/dryer, one bedroom, one bathroom, and an open plan kitchen/living room. The fitted kitchen comes with an integrated oven, hob and hood. 

The living room has access to a private balcony, and also a juliet balcony which provides lots of natural light. This property enjoys the added benefit of having the water only a stone's throw away, allocated parking and has direct access to local amenities.

Monthly cost of ownership

  • Estimated mortgage payment £377.58
  • Service charge £164.68
  • Estimated monthly rent £242.57
  • Estimated monthly total £784.83

If these figures are blank, the costs may not yet be known. This calculator starts by calculating a 95% mortgage value - based on a 5% deposit requirement, and with a mortgage interest rate of 5.5% over 30 years. Your IFA will talk to you about how interest rates can be fixed, often for two years at a time. The figures and information provided by this tool are for illustration purposes only. Rent and services charges are subject to change and should be confirmed by the sales consultant. Your home may be repossessed if you do not keep up repayments on your mortgage.

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What is Shared Ownership?

Find out what Shared Ownership is, who it's for, and how it works.

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Location


  • Staircasing Restriction - Min 10%

FAQs