£57,500

1 bed flat for sale

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New home
Leasehold

£57,500

1 bed flat for sale

Kings Barton, Winchester, Hampshire SO22

1 bed
1 bath
1 reception

Key Information

Tenure:
Leasehold
Time remaining on lease:
989 years
Service charge:
Council tax band:
A band has not yet been confirmed.
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Harestock Primary School 0.2 miles
  • Henry Beaufort School 0.2 miles
  • Winchester 1 mile
  • Shawford 4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Winchester to find out more about the local area.

Features and description

  • Leasehold
Available to purchase now on a Shared Ownership basis is this selection of brand new one & two bedroom apartments at Kings Barton, Winchester.

One bedroom apartments available to purchase from a 25% share at £57,500 with a minimum 5% mortgage deposit of £2,875. Initial shares can be purchased from 25% to 75% . Full market value £230,000.

Home 519 is a first floor one bedroom apartment which benefits from an L-shaped open plan living/dining room & kitchen with dual aspect double glazed windows and double glazed patio door with Juliette balcony Double bedroom with double glazed window and three piece bathroom suite. In the hallway is a built in single storage cupboard.

General specification includes:

• Carpet in non-wet areas
• Vinyl in wet areas
• Oven, hob and hood
• Shower over bath
• Neutral decoration throughout
• Parking

Purchase Example:
Full Market Value: £230,000
25% Share Price: £57,500
Rent on un-owned share £395.31pcm
Estimated service charge £92.36pcm

Commuter links are good, with Winchester
railway station only a mile away, where you can reach London Waterloo in just over 1 hour or Southampton in about 22 minutes. By car, you’re within close reach of the A34, which connects to the A303 and the M3, providing access to the Midlands, Southwest, and London, with Southampton Airport around 13 miles away as well as a good choice of state and public schools nearby including Winchester college.

Shared ownership lets you buy a share of your new home. You can start at just 25% with a 5% deposit. You pay rent on the rest. If you buy a 25% share on one of these apartments, you can expect the rent to be around £395.31 per month*. In the future, as your financial situation changes, you can buy greater shares if you want to. This is called staircasing. As your share goes up, your rent comes down. If you’d like to get a better understanding of how much buying a brand new home at Kings Barton would cost you.

*Prices are based on buying a 25% share in a 1 bedroom apartment with a fmv of £230,000, shares start from £60,000 with a monthly rent of example of £395.31 (Based on unsold equity at 2.75% of value). Terms and conditions apply.

**Images shown are representative of the development. The product and finish shown may not reflect the actual plot advertised. These are for guidance and example purposes only. Plans are of the actual property advertised but are not to be relied on**

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Listed by

Morris Dibben - Cowplain

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