Property description

A modern two bedroom ground floor apartment set in a handy location just a short distance from Southbourne Grove.This property is for sale on a 50% shared ownership basis and hence offers a great route to home ownership without the need of raising a large mortgage or sum of cash.

* Ground floor apartment * Entrance Hall * Lounge * Fitted Kitchen * Two bedrooms * Bathroom * Double glazing * Gas central heating * Convenient location close to Southbourne Grove * * Available on a 50% shared ownership basis *

Direction Note:  From our office in Southbourne proceed in the direction of Pokesdown into Seabourne Road. 

Built in recent times the property is well presented throughout by the current owner benefitting from gas central heating and double glazing. The property benefits from having no forward chain and early viewing is highly recommended by contacting the sellers chosen sole agents.

Upon entering the property a hallway offers a built in storage cupboard and houses the entryphone handset with doors leading to all rooms.

The living room is of a pleasant size with room for several furniture items with a front aspect window. 

The kitchen is fitted with both eye and base level storage cupboards. Contrasting work surfaces, with space for tall standing fridge/freezer and space for washing machine, the gas hob and oven are fitted.

Bedroom one has a front aspect window and offers room for a double bed with option of having two walls to decide in which way the bed faces, fitted wardrobes and storage compliment the room.

Bedroom two has a front aspect window having space for a small double bed or single and room for a standing wardrobe.

How does shared ownership work? You purchase a share of the properties  full market value (50%) and pay a subsidised rent on the remaining share. You can raise a mortgage to purchase your share, if you have a large deposit or equity from the sale of a property, this can also be used to purchase your share. You can sometimes later buy additional shares until you own 100%, if you wish to do so. This is called ‘Staircasing‘ and the cost of additional shares is based on the market value of the property at the time that you purchase the shares. If you increase your share in the property, your rent is re-calculated and reduced proportionately. 

Approximate Room Sizes Are As Follows;

Entrance Hall:

Lounge: 14‘2‘ max x 9‘9  (4.32m max 2.97m) 

Kitchen: 9‘8 max x 7‘3 (2.95m max x 2.21m) 

Bedroom One: 11‘10 x 9‘9  (3.61m x 2.97m )

Bedroom Two: 11‘1 max x 7‘6  (3.38m max x 2.29m )

Bathroom: 6‘2 x 6‘ (1.88m x 6)

Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.