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Flat 4 254-262 Shirley Road, Southampton

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Resale
Shared Ownership
  • Flat 4 254-262 Shirley Road, Southampton
  • Flat 4 254-262 Shirley Road, Southampton
  • Flat 4 254-262 Shirley Road, Southampton
  • Flat 4 254-262 Shirley Road, Southampton
  • Flat 4 254-262 Shirley Road, Southampton
  • Flat 4 254-262 Shirley Road, Southampton
  • Flat 4 254-262 Shirley Road, Southampton

Please note that all sales particulars and images are for marketing and illustrative purposes only. Plans, computer generated images and photos may contain elements which are not present upon the final completion of the property.

Stonewater, as a responsible Landlord, take the safety of all of our customers seriously. During the process of purchasing shares in your home, we want to make sure you have considered how you will evacuate the home in the event of a fire. Please make sure you have fully considered the suitability of the property for you and all household members and ensure you have considered how you will evacuate quickly and safely in the event of a fire. If you require any support from Stonewater, please let us know.

  • 50% share for £82,500
  • 2 Bedroom, Shared ownership flat

    £82,500 for a 50% share

    Open Market Value: £165,000

    From £259 per calendar month

    Service Charge: £115.20

    Available on shared ownership 1

Flat 4 254-262 Shirley Road, Southampton


2 Bedroom, First Floor Flat



Private Parking Bay



1) A well-presented first-floor two-bedroom apartment offering the rare benefit of two private balconies.



2) Tastefully decorated throughout in neutral tones; with generous sized bedrooms; a built-in wardrobe and hallway linen cupboard. The bathroom has a shower over the bath.



3) All rooms uPVC double glazed with gas central heating and replacement boiler fitted 2 years old.



4) Dedicated private off-road parking space situated in a convenient yet tucked-away location just off the High Street.



5) Within easy reach of local shops; restaurants; supermarkets; public transport links; an “all-through” school; the city centre; and Southampton General Hospital.

Viewings

Thank you for your recent interest in the above property. The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Seller Name: Andrew Winkworth

Seller Contact Details: 07947722377

Email: Andywink11@outlook.com

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, to be eligible for shared ownership you will need to evidence:

• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household - for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs

Please take note of the minimum income, (£30,659) which is based on the minimum deposit (£4,125) plus £2500 for this property, this figure is guidance reference, however after a full assessment with TMP you may be affordable with a lower income. If you are placing a larger deposit, the minimum income will reduce. Always check with us if you are unsure whether you can afford the property.

If you are a serving member of the armed forces, you will have priority for shared ownership, so it is essential you let us know once you have arranged a viewing.

If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish. You will also be required to complete a Stonewater application form. Further information on the financial assessment and application form will be provided.

If you require further information regarding shared ownership and our processes, please feel free to contact the commercial services team by emailing commercialservices@stonewater.org.

Please let us know if you need any further information and good luck with your viewing.

Stonewater, as a responsible Landlord, take the safety of all of our customers seriously. During the process of purchasing shares in your home, we want to make sure you have considered how you will evacuate the home in the event of a fire. Please make sure you have fully considered the suitability of the property for you and all household members and ensure you have considered how you will evacuate quickly and safely in the event of a fire. If you require any support from Stonewater, please let us know.

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Interested in buying a shared ownership home? Follow our simple three step guide     Find out more about shared ownership

What is shared ownership? Your questions answered     Find out about shared ownership

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