Apply now

2 bed apartment, Sandown House

Shared Ownership resale

£126,000

Based on buying a 90% share

Newport, PO30 5GN

  • 2
  • 1
  • 1

Features

  • A modern build home
  • Close to amenities and transport links
  • Allocated parking space
  • A 2-year-old combi-boiler

Extra information

  • Lease time remaining - 107 years
  • Council tax band - B

Description

With a very large living room and master bedroom with quirky layouts, this flat attracted me straight away. The living room is bright with sun almost all day and warm with the great insulation, the flat is therefore easy and very affordable to keep warm in the winter.

It is ideal for a family, with nearby schools and for the town as it is a short walk to all the great stuff in Newport, not to mention Sainsburys superstore as your local corner shop.

The flat has everything you need, a good-sized spare room, large built-in wardrobes and great storage space (so you can hide the hoover).

It has been a great home in a modern estate with your own parking space, that has almost everything on the doorstep (the Isle of Wight Festival in walking distance to name but one).

Monthly cost of ownership

  • Estimated mortgage payment £679.64
  • Service charge £67.38
  • Estimated monthly rent £56.85
  • Estimated monthly total £803.87

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.

What is Shared Ownership?

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

Find out here

Location


  • Staircasing Restriction - Min 10%

FAQs