£170,000
3 bed detached house for saleLakeside Way, Old Calmore SO40
3 beds
2 baths
2 receptions
EPC Rating: B
About this property
Shared Ownership Opportunity From 40% Share
Three Bedroom Detached Modern Home
Minimum Share Available At £170,000
Dual Aspect Lounge With Patio Doors To Garden
Modern Dual Aspect Kitchen / Dining Room
Ground Floor Cloakroom
En-Suite To Principal Bedroom
Beautifully Landscaped Rear Garden
Off Road Parking To The Side
Highly Regarded Loperwood Development
Available on a shared ownership basis, this is an excellent opportunity for eligible buyers to secure a modern detached home in a sought-after development at a more accessible price point, with the flexibility to increase ownership over time.
Shared Ownership Information
This property is available on a shared ownership basis, allowing buyers to purchase an initial share of the home while paying rent on the remaining unowned share.
Full Market Value
£425,000
Minimum Share Available
40% Share = £170,000
If you purchase the minimum 40% share, the monthly charges currently are:
Monthly Rent On Unowned Share: £619.16 pcm
Monthly Service Charge: £13.97 pcm
Total Monthly Payment To Landlord / Housing Provider
£633.13 pcm
Please note: This figure does not include mortgage repayments, contents insurance, Council Tax, gas, electricity, water, or any other costs associated with home ownership.
Further information on eligibility, affordability, staircasing options and full shared ownership costs can be provided upon request.
Lease & Ownership Information
Remaining Lease Term: Approx. 986 Years
Maximum Share You Can Own: Up To 100%
If 100% Is Purchased: The leasehold interest falls away on completion
This is an important long-term benefit, as once staircased to 100% ownership, the shared ownership lease structure ends, meaning there is no further rent payable on the unowned share and the leasehold arrangement no longer continues in its current form.
Property Description / Walkthrough
Front & Approach
The property enjoys attractive kerb appeal and a smart, modern frontage, being open to the front with a paved pathway leading to the main entrance, neatly separating artificial turf sections on either side to create a tidy and low-maintenance first impression. To the side of the property is a private driveway providing off road parking.
A front door opens into the main hallway.
Entrance Hallway
The entrance hall is welcoming and well presented, finished with a smooth ceiling, lvt flooring, radiator, staircase rising to the first floor, and a door to the ground floor cloakroom. Further doors lead through to the kitchen-dining room on one side and the lounge on the other, creating a practical and balanced layout for modern living.
Ground Floor Cloakroom
A useful addition for day-to-day family living, the cloakroom is conveniently positioned off the hallway and ideal for guests and busy households.
Lounge
The lounge is a particularly appealing reception room and benefits from a dual aspect layout, helping to create a bright and airy feel throughout. A double glazed window to the front aspect combines with double glazed windows and patio doors to the rear, allowing plenty of natural light to flow in and providing direct access out to the rear garden. Further features include a smooth ceiling, lvt flooring, and two radiators, making this a comfortable and versatile living space well suited to both relaxing and entertaining.
Kitchen / Dining Room
The kitchen-dining room is another standout feature of the home, offering a spacious and stylish dual aspect layout with double glazed windows to both the front and rear aspects.
The kitchen is fitted with attractive marble effect work surfaces, together with a range of base level units and drawers, complemented by matching eye level units. Integrated and appliance spaces include a gas hob, electric oven, integrated dishwasher, space for washing machine, space for fridge/freezer, sink unit, and the added bonus of a wine cooler. The wall mounted gas combi boiler is neatly concealed within an eye-level cupboard.
The room is finished with smooth ceiling, lvt flooring, and radiator, with ample space remaining for a dining table and chairs.
First Floor Accommodation
The first floor landing continues the home’s well-presented feel and benefits from a smooth ceiling, double glazed rear aspect window, loft access hatch, and an airing cupboard. The loft itself is noted as being part boarded with light fitted, providing useful additional storage potential.
Doors lead through to all three bedrooms and the family bathroom.
Bedroom One
Bedroom one is positioned to the rear of the property and offers a comfortable principal bedroom with double glazed rear aspect window, fitted carpet, radiator, and smooth ceiling. A door leads through to the en-suite shower room.
En-Suite
The en-suite is fitted with a double tiled shower cubicle with mixer shower, wash hand basin, heated towel rail, vinyl flooring, and an obscure double glazed front aspect window. The room also benefits from a smooth ceiling.
Bedroom Two
Bedroom two is another well-proportioned bedroom, enjoying a rear aspect double glazed window, laminate flooring, smooth ceiling, and radiator.
Bedroom Three
Bedroom three is also positioned to the rear and offers flexible accommodation for use as a bedroom, nursery, dressing room, or home office if required. Features include a rear aspect double glazed window, fitted carpet, smooth ceiling, and radiator.
Family Bathroom
The family bathroom is fitted with an enclosed bath with mixer shower and glazed screen over, together with a wash hand basin, low level WC, radiator, extractor fan, Velux skylight window, and lvt flooring. Finished with a smooth ceiling, the bathroom offers a clean and modern presentation.
Rear Garden
The rear garden is a particularly attractive feature of the property, having been thoughtfully landscaped to provide a stylish and low-maintenance outdoor space. Immediately to the rear of the property is a porcelain paved patio area, ideal for seating and entertaining, while the garden itself has been enhanced with timber sleeper edged flower beds, an ornamental timber arch, and artificial turf for ease of upkeep.
To the rear of the garden is a further porcelain paved seating area, creating a second outdoor entertaining or relaxation space. The garden also benefits from an outside tap and offers an excellent overall finish that complements the modern feel of the home.
Location - Lakeside Way forms part of the popular and modern Loperwood development in Totton, a highly regarded residential area offering a great balance of convenience and surroundings. Totton town centre is within easy reach and provides a wide range of amenities including shops, supermarkets, schools, doctors, leisure facilities, and excellent transport links. Southampton city centre, the M27 motorway network, and nearby rail services are all easily accessible, while the nearby New Forest National Park offers beautiful open spaces and outdoor leisure opportunities, making this an ideal location for both first-time buyers and growing families alike.
Eligibility (Summary Guide)
You may be eligible to apply for this shared ownership home if:
Your household income is £80,000 per year or less
You cannot currently afford the deposit and mortgage payments required to buy a suitable home outright
In addition, one of the following will usually apply:
You are a first-time buyer
You previously owned a home but cannot now afford to buy
You are forming a new household
You are an existing shared owner looking to move
You currently own a home but need to move but cannot afford to buy outright
If you currently own a property, your sale would usually need to complete before finalising a shared ownership purchase.
Full eligibility and application guidance can be confirmed by the housing provider.
Tenure: Shared Ownership Leasehold
Remaining Lease Term: Approx. 986 Years
Minimum Share Available: 40%
Share Price (40%): £170,000
Full Market Value: £425,000
Monthly Rent: £619.16 pcm
Monthly Service Charge: £13.97 pcm
Total Monthly Payment To Landlord / Housing Provider: £633.13 pcm
Maximum Staircasing: Up To 100%
At 100% Ownership: Leasehold Structure Falls Away On Completion
Double Glazed Windows
Gas Central Heating
Disclaimer - These particulars are believed to be correct but their accuracy is not guaranteed and they do not form part of any contract. All measurements are approximate and intended only as a guide. Buyers are advised to verify tenure, lease details, rent, service charges, staircasing provisions, affordability criteria, and any shared ownership eligibility requirements through their solicitor, mortgage advisor, and the relevant housing provider. Shared ownership figures, rent, service charges and lease information are subject to confirmation and may be reviewed or amended by the housing association / landlord. Services, systems and appliances have not been tested by Hamwic Independent Estate Agents.
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