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2 bed flat for sale

£118,000 Shared ownership

Victoria Court, Victoria Road, Winchester SO23

2 1
Interested in this property? Call +44 1932 964593 * or

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Property features

  • Double glazing
  • Shares available from 40%
  • High spec finish
  • Communal gardens
  • City centre location
  • Allocated parking
  • Developed by Winchester City Council
  • Completion February 2018
  • Price represents a 40% share in the property

Property description

Are you looking for a brand-new home in Winchester, but didn't think you could afford to buy?

Shared Ownership (part buy, part rent) could be the scheme for you!

Offered for sale are these two bedroom flats in an ideal location close to the train station and city centre.

The flats have been completed to a very high standard and include:
• Paula Rosa Manhattan kitchen with cashmere colour doors and drawers with stainless steel-effect handles, Harvard Oak block laminate worktops and upstands and a glass latte colour splashback
• Zanussi stainless steel hob, oven & extractor hood
• Twyford white sanitary ware including bath with overhead shower and glass shower screen
• Built-in wardrobes to master bedroom
• Heating & water: Vaillant Ecotec Plus 825 combination gas boiler with radiators
• Neutral carpeting throughout except kitchen and bathroom
• Video door entry system to main entrance with phone system to apartments
• Private balcony or patio garden to all properties
• Allocated parking available
• Restricted lift access from basement car park to ground
floor level. No lift access to first and second floors
• Wheelchair access only to ground floor
• Exclusive communal garden
• Small pets permitted*
• Full-height vertical bike store
• LABC12-year building guarantee.

All sound good so far? So how does it all work?
Shared ownership helps people on to the property ladder whether as a first time buyer or as somebody who wants to get back into owning their own home. You'll start by buying a share of your new home and then pay affordable rent on the remaining part which is owned by Winchester Council.

Then, as time goes on, you can buy more shares in your home, until you own it outright.

It may all sound complicated, but it's not… there is a team on hand to talk you through the buying process and ongoing responsibilities of owning a shared ownership property.

Don't worry, it's all amazingly straight forward and simple to understand.

Also known as part buy, part rent, shared ownership is backed by the government with further support from Winchester City Council.

We are looking forward to getting you on that first step!

You will also need to register your interest in shared ownership with Help to Buy South website.

Please note that the CGI images are illustrative purposes only and the floorplans may be subject to change.

Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances.

What's the next step?

You will need to be assessed by an approved Winchester City Council financial advisor. Please get in touch and we will ensure they get in touch with you. They will require paperwork such as payslips, bank statements, id and proof of deposit so make sure you have these in order.

If you have any other queries, please just get in touch.

Property info

Floorplan(s): Floor Plan

Floor Plan View original

Market activity
Average price paid £489,979 Sales 266 Current average value £510,119 (Zoopla Zed-Index) Value change £1,309 ▲ 0.26%

Property value data/graphs for SO23

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £766,668 £419 4.0 £664,402
Semi-detached £539,959 £460 3.3 £524,242
Terraced £505,776 £483 2.8 £515,282
Flats £306,267 £436 1.8 £327,095

Current asking prices in SO23

Average: £344,012
Avg. current asking prices in SO23
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £239,667
(3)
£360,175
(10)
£410,000
(12)
£699,444
(9)
£674,998
(2)
Flats £190,247
(15)
£246,787
(19)
£375,000
(1)
- -
All £198,483
(18)
£285,886
(29)
£407,308
(13)
£699,444
(9)
£674,998
(2)

Current asking rents in SO23

Average: £1,261 pcm
Avg. current asking prices in SO23
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,142 pcm
(7)
£1,376 pcm
(4)
£1,464 pcm
(4)
£1,796 pcm
(12)
£2,036 pcm
(9)
Flats £846 pcm
(48)
£1,369 pcm
(22)
£1,700 pcm
(4)
£1,001 pcm
(2)
-
All £884 pcm
(55)
£1,370 pcm
(26)
£1,582 pcm
(8)
£1,682 pcm
(14)
£2,036 pcm
(9)

Fun facts for SO23

Highest value in SO23
Highest value streets Zed-Index
Gar Street £1,365,394
Ranelagh Road £1,136,795
Stratton Road £1,126,398
Hinton Fields £1,028,655
Edgar Road £1,015,456
Highest turnover in SO23
Highest turnover streets Turnover
Gar Street 54.5%
Cathedral View 53.3%
Twiss Square 50.0%
Bedfield Lane 46.8%
Elan Court 45.8%

What Zoopla users think of Winchester

Overall rating:

  • currently 4.5 stars
Very good - 87% (99 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Winchester:

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

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Winchester (0.1 miles)
  • Shawford (3.2 miles)
  • Chandlers Ford (6.5 miles)
  • Southampton Airport (8.3 miles)
  • Bournemouth Airport (30.3 miles)
  • London Heathrow Airport (46.6 miles)
  • Southampton Vehicle Ferry Terminal (12.5 miles)
  • Southampton Passenger Ferry Terminal (12.6 miles)
  • Hythe (Hants) Ferry Terminal (14.1 miles)

Nearby schools

View all schools in Winchester
  • St Bede Church of England Primary School (0.3 miles)
  • Winnall Primary School (0.7 miles)
  • Western Church of England Primary School (0.8 miles)
  • Winchester College (0.7 miles)
  • Queen Mary's College (16.4 miles)
  • Salisbury Sixth Form College (20.4 miles)
  • Osborne School (0.2 miles)
  • The Westgate School (0.6 miles)
  • The Pilgrims School (0.6 miles)
Note: Distances are straight line measurements

Local info for Winchester

About the neighbours in SO23

AskMe Q&A for Winchester

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

Monthly running costs Beta

£646 Monthly total

Mortgage

Purchase price
Deposit (10%) 11,800
Repayment term 25
Interest rate 1.5
Your payment £424 /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 £75,000 Average insurance cost £24/mo (£291/yr)
Compare insurance deals now 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 £23 Electricity £31 Estimated energy cost £54/mo

Similar properties could save up to £177

How Much Could I Save? 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: 7000 kWh/year
Electricity: 2500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Winchester

Estimated tax band A Council tax cost £105 /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.

Water

Supply £13 Sewerage £26 Estimated water cost £39 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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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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