£156,000
3 bed detached house for saleHotspur Road, Warsash, Southampton, Hampshire SO31
3 beds
1 bath
1 reception
- New home
- Shared ownership
- Leasehold
Mann - Locks Heath Sales
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About this property
Available Now! Just one home for sale on a Shared Ownership basis, is this brand new three bedroom semi-detached home located at Herons Quarter Warsash. Contact us today for further information.
Your Initial purchase can be made from a 40% share at £156,000 with a minimum 5% mortgage deposit of £7,800.00. Shares can be purchased from 25% to 75% . Full market value £390,000.
This stunning 3-bedroom home located in the sought-after Herons Quarter is perfect for modern family living. The ground floor features a spacious living room offering ample space for relaxation and entertainment. The well-appointed kitchen provides a functional and stylish space.
Upstairs, you’ll find three well-sized bedrooms, each designed for comfort and convenience. The master bedroom offers a generous space, while bedrooms 2 and 3 provide the perfect retreat. A family bathroom is located on this floor, providing a modern suite with a bath and separate shower.
Additional features include a downstairs WC, a convenient storage cupboard, and ample closet space throughout. Ideal for families, this property offers a balance of practicality and stylish living, all in a prime location. Don’t miss the opportunity to view this fantastic home at Herons Quarter.
Flooring is provided through out including carpets to non-wet areas and Vinyl flooring to wet areas, this property has two parking spaces and utilities include gas, electric, water (metered) and waste water.
General specification includes:
• Decorated in a neutral style
• Carpet in non-wet areas
• Vinyl in wet areas
• Oven, hob and hood
• Shower over bath
• Gas Combi Boiler
Purchase Example:
Full Market Value: £390,000
40% Share Price: £156,000
Rent on un-owned share £536.25pcm
Estimated service charge £36.47pcm
Lease length 990 years
Please note: Currently only applicants with a live/work/family connection to the Fareham Borough Council Area can be considered
Herons Quarter is a new development of homes in the Warsash area Heron’s Quarter is set in the pretty maritime village of Warsash, located in the south of Hampshire. This coastal village is
situated at the mouth of the River Hamble. This location is ideal if you enjoy sailing, being on the water or enjoy a stroll along the banks of the river. The village is very friendly and there are plenty of options for socialising with several pubs, bars and restaurants nearby.
Aside from the shops supplying everyday essentials in Warsash, there’s a larger supermarket, Waitrose and more at the Locks Heath Centre. Just along the M27 is the popular village of Hedge End, here you’ll find a large Sainsbury’s Supermarket, B&Q, tk Maxx
and Home sense, M&S, B&M, Pets at Home, Lidl, Aldi, Next Home, and many more places to eat
and drink.
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 £326.56 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.
*Prices are based on buying a 25% share in a 1 bedroom apartment with a fmw of £190,000, shares start from £47,500 with a monthly rent of example of £326.56 (Based on unsold equity at 2.75% of value). Terms and conditions apply.
**Images shown are for indicative purposes only and are of previous homes. Please note this does not reflect the actual style or finish of the plot advertised. These are for guidance and example purposes only. Plans are of the actual property advertised but are not to be relied on**
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Tenure
Leasehold (989 years)
Service charge
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Ground rent
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