1 bed flat for sale

Spenser, Southampton, Hampshire SO19

This home has been created by Home Group, a registered housing provider in the UK. So Resi is acting on behalf of Home Group to bring this property to the market.

Bright and modern one-bedroom apartment now available in Southampton through Shared Ownership.

The property features an open plan living room with a kitchen, one bedroom, and a bathroom.

The property is located on the fourth floor of a recently constructed building. It offers residents a private balcony that can be accessed from the living room and secure private parking.

Available for £72,000 for 40% share based on the marketing figure of £180,000.

Monthly rent - £321.00
Monthly Service Charge - £222.08
Total Monthly Charge - £543.08 plus mortgage required for 40% share.

An annual rent increase takes place every April

Location

The property is located in a well-connected area, offering residents a variety of local amenities. Several supermarkets are within walking distance, while fitness centres and parks are just a short drive away, with healthcare facilities nearby.

Green spaces like Mayfield Park and Weston Shore provide leisure and outdoor activities.

Woolston station is just 0.3 miles away, while Sholing station is 0.7 miles away, offering residents direct routes into Southampton Central. Travel to London Waterloo is quick and easy via direct trains from Southampton Central, making this ideal for commuters.

EPC rating

Energy rating band - B

Environmental rating band - A

Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.