£128,000
2 bed semi-detached house for saleCatkin Grove, Horndean, Waterlooville PO8
2 beds
1 bath
1 reception
Shared ownership
Leasehold
About this property
Modern shared ownership home
Two double bedrooms
Cul de sac
Private garden
Two allocated parking spaces
Close to amenities
Shared Ownership
This superb modern home is available to buy from as little as £128,000 with a 40% share!
This two bedroom semi detached home is located in a quiet cul de sac built by Charles Church Homes in 2014. The well presented accommodation comprises a kitchen/dining room, living room and WC on the ground floor and two double bedrooms and a bathroom on the first floor. Outside, there is a tiered garden and there are two allocated parking spaces beyond.
Horndean is a semi-rural village located in Hampshire, just north of Portsmouth. There are a variety of every day amenities and well regarded local schools. Nearby Waterlooville and Petersfield provide a larger range of amenities.
Horndean is situated near the A3(M), with easy access to Portsmouth, Southampton, and London.
Pricing & affordability
Full Market Value: £320,000
40% Share Price: £128,000 (rent £415.85 pcm)
Minimum 5% Mortgage Deposit (40% share): £6,400
Approximate Service Charges: £31.10 pcm*
Lease: 114
Eligibility
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £320,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as £128,000 with a 40% share!
This two bedroom semi detached home is located in a quiet cul de sac built by Charles Church Homes in 2014. The well presented accommodation comprises a kitchen/dining room, living room and WC on the ground floor and two double bedrooms and a bathroom on the first floor. Outside, there is a tiered garden and there are two allocated parking spaces beyond.
Horndean is a semi-rural village located in Hampshire, just north of Portsmouth. There are a variety of every day amenities and well regarded local schools. Nearby Waterlooville and Petersfield provide a larger range of amenities.
Horndean is situated near the A3(M), with easy access to Portsmouth, Southampton, and London.
Pricing & affordability
Full Market Value: £320,000
40% Share Price: £128,000 (rent £415.85 pcm)
Minimum 5% Mortgage Deposit (40% share): £6,400
Approximate Service Charges: £31.10 pcm*
Lease: 114
Eligibility
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £320,000 and a purchaser would not need to meet the eligibility criteria listed above.
More information
Tenure
Leasehold (114 years)
Service charge
£373 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
.png){kind=logo}