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2 bed semi-detached house for sale

£71,250 (£85/sq. ft) Shared ownership

Gravel Hill, Swanmore, Southampton SO32

2 1 842 sq. ft*
Interested in this property? Call +44 1932 964593 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Have you got £3,563* savings? Then you may be able to call this property your new home!
New 2 bedroom house available on a Shared ownership (part buy, part rent) sale.

Available from March 2017

More detail ….

Features:
• Brand-new home
• No onward chain
• NHBC 10 year warranty (or similar)
• Rent payable of £490 pcm

What is part buy, part rent?
Very few products survive 30 years virtually unchanged and remain so hugely popular and trusted, as Shared Ownership has done.
So why has Shared Ownership stood the test of time?
This is what we think..
• Unlike purchasing on the open-market you don't need to raise a deposit for 100% of the property.. Only a deposit for the share you are buying. Much cheaper!
• Stamp-duty may not be payable at initial purchase. If the share you are buying is less than the stamp-duty threshold, you will not have to pay stamp-duty at initial purchase. More money to spend on new furniture for your new home!
• The beauty of Shared Ownership is that you can buy more of the property when you want to. You can buy 100% of the property when you can afford it.. Or you never have to buy any more shares from your initial purchase.. The choice of yours!
• If you get into financial difficulties we may be able to help. It is in our interest to help you stay in your home. We would not want a mortgage lender to repossess the property anymore than you would.
There are eligibility conditions for our homes. Shared Ownership is a government product that is there to help people purchase a home of their own. It is only there for those people who cant afford to do it on their own through the traditional mortgage route.

• nb: The name Shared Ownership is misleading .. The home is yours .. We are a silent partner.

Are our computer generated pictures correct?
The cgi's used are not to scale and may not be exactly the same when they're built. They're just a guide.. But the homes we build should be very similar. Pictures of trees and green areas, fences and paths are used to give an impression of what it could look like. The landscape and layout may change. The home you like may not include these and finishes and specification may change.

Internal images of the property are of a previous show home built by Vivid Homes and are shown to give an idea of the quality of finish to be expected.
For more information on this shared ownership property please fill in your details on the request details button and Property Eagle or Vivid Homes will be in contact to answer any questions that you may have.
We tell you all this information to make sure you know what to expect and to make sure we comply with the Consumer Protection Regulations 2008.

Please note that the computer generated image above is for illustrative purposes only.

*Based on someone purchasing a 25% share in this property and securing a 5% deposit with a lender (with no existing debt). You can have debt. Who doesn't nowadays! But note Income / debt / savings and credit history play a part on the mortgage rate you are able to secure with a lender. Applicants will be means tested to determine the share they can afford to purchase. This will affect the rate of rent stated in this listing.

Please note that local applicants may take priority.

Property info

Floorplan(s): Floorplan

Floorplan View original

Market activity
Average price paid £419,002 Sales 297 Current average value £498,629 (Zoopla Zed-Index) Value change £4,484 ▲ 0.91%

Property value data/graphs for SO32

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £651,405 £364 4.0 £563,883
Semi-detached £378,683 £353 3.1 £351,717
Terraced £294,288 £358 2.8 £291,365
Flats £205,297 £298 1.8 £220,249

Current asking prices in SO32

Average: £509,871
Avg. current asking prices in SO32
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £169,975
(2)
£258,798
(20)
£395,989
(68)
£625,582
(51)
£896,088
(21)
Flats £134,133
(3)
£441,786
(21)
- - -
All £148,470
(5)
£352,523
(41)
£395,989
(68)
£625,582
(51)
£896,088
(21)

Current asking rents in SO32

Average: £992 pcm
Avg. current asking prices in SO32
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £693 pcm
(1)
£1,257 pcm
(3)
£1,008 pcm
(6)
£1,326 pcm
(2)
£1,452 pcm
(1)
Flats £524 pcm
(1)
£823 pcm
(1)
- - -
All £608 pcm
(2)
£1,148 pcm
(4)
£1,008 pcm
(6)
£1,326 pcm
(2)
£1,452 pcm
(1)

Fun facts for SO32

Highest value in SO32
Highest value streets Zed-Index
Park Lane £1,034,316
Curdridge Lane £936,113
The Hangers £934,104
Mayhill Lane £902,414
Lockhams Road £897,982
Highest turnover in SO32
Highest turnover streets Turnover
Southbrook Mews 59.3%
Gunners Mews 57.1%
Elim Close 54.3%
Roman Row 52.2%
Linden Close 40.0%

What Zoopla users think of Swanmore

Overall rating:

  • currently 3.5 stars
Good - 74% (19 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Swanmore:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Botley (3.8 miles)
  • Hedge End (5.1 miles)
  • Swanwick (5.7 miles)
  • Southampton Airport (7.8 miles)
  • Bournemouth Airport (31.0 miles)
  • Shoreham Airport (39.1 miles)
  • Warsash Ferry Landing (8.0 miles)
  • Hamble-le-Rice Ferry Landing (8.0 miles)
  • Portsmouth Continental Ferry Terminal (9.5 miles)

Nearby schools

View all schools in Winchester
  • Swanmore Church of England Aided Primary School (0.6 miles)
  • St John the Baptist Church of England Controlled Primary School (1.1 miles)
  • Bishops Waltham Infant School (1.8 miles)
  • Fareham College (6.0 miles)
  • Eastleigh College (8.1 miles)
  • Itchen College (8.1 miles)
  • Swanmore College (0.5 miles)
  • Boundary Oak School (4.5 miles)
  • The Henry Cort Community College (5.5 miles)
Note: Distances are straight line measurements

Local info for Winchester

AskMe Q&A for Winchester

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Property Eagle, KT16 on +44 1932 964593 * (local rate)

Monthly running costs Beta

£399 Monthly total
Mortgage
Purchase price
Deposit (10%) 7,125
Repayment term 25
Interest rate 0.5
Your payment £227 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £12/mo (£150/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £27 Electricity £36 Estimated energy cost £63/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 8800 kWh/year
Electricity: 2900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Winchester

Estimated tax band A Council tax cost £97 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Property Eagle, and do not constitute property particulars. Please contact Property Eagle for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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