Sold subject to contract
  1. Property photo 1 of 9 Picture No. 13
  2. Property photo 2 of 9 Picture No. 14
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£132,000

2 bed flat for sale
Kings Barton, Winchester, Hampshire SO22

    • 2 beds

    • 1 bath

    • 1 reception

  • New home
  • Shared ownership
  • Leasehold

Morris Dibben - Cowplain

Logo of Morris Dibben - Cowplain

About this property

    Available now on a Shared Ownership basis is this selection of brand new one & two bedroom apartments at Kings Barton, Winchester each with parking!

    Two bedroom apartments available to purchase at a 40% share at £132,000 with a minimum 5% mortgage deposit of £6,600. Initial shares can be purchased from 25% to 75% . Full market value £330,000.

    Home 525 which is a completed plot and ready to move in now! Is a second floor two double bedroom apartment which benefits from a living/dining room with dual aspect double glazed windows and double glazed patio door and Juliette balcony with an opening leading to the fitted kitchen. The bedrooms are both double in size each with a double glazed window. 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: £330,000
    40% Share Price: £132,000
    Rent on un-owned share £453.75pcm
    Estimated service charge £92.62pcm

    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**

    More information

    • Tenure

      Leasehold (989 years)

    • Service charge

    • Council tax band

      A band has not yet been confirmed.

    • Ground rent

    • Ground rent date of next review

    See all recent sales in SO22

    Property descriptions and related information displayed on this page are marketing materials provided by - Morris Dibben - Cowplain. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Morris Dibben - Cowplain for full details and further information.