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£127,000

2 bed detached house for sale
Maddoxford Lane, Botley, Southampton, Hampshire SO32

    • 2 beds

    • 1 bath

    • 1 reception

  • New home
  • Shared ownership
  • Leasehold

Mann - Locks Heath Sales

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About this property

    Welcome to Maddoxford Park, a new release of houses, with a selection of two and three bedroom Shared Ownership homes available to reserve now! Contact us today to secure your new home.

    Two bedroom end terrace house available to purchase at a 40% share at £127,000 with a minimum 5% mortgage deposit of £6,350. Initial shares can be purchased from 25% to 75%. (Please note that current applications will only be considered if you live / work or have a family connection to Eastleigh Borough Council local authority area).

    Full market value £317,500

    Plot 25, an end terrace home has, to the ground floor, entrance hall with stairs to the first floor, under-stair storage cupboard and doors providing access to: Kitchen, benefitting from a range of matching units with worktops over, single drainer sink unit, fitted oven and hob with space for fridge freezer and plumbing for washing machine and a double glazed window to the front aspect.

    The Living / Dining room benefits from a double window to the rear aspect and patio doors providing access to the rear garden. There is a w.c with toilet, wash hand basin and a double glazed window to the side aspect.

    On the first floor are the two bedrooms, each with dual aspect double glazed windows with bedroom one benefitting from a built in storage cupboard. The family bathroom has a three piece white suite and double glazed window to the side aspect.

    The rear garden is enclosed, laid to lawn and has an entrance gate to the side of the property.

    This home has two allocated parking spaces and solar panels. Flooring is provided through out with carpets to all rooms and appropriate flooring to all wet areas.

    Located in Boorley Green, a vibrant village in the picturesque Hampshire countryside with a growing community, which is fast becoming the popular choice with families, for the array of local amenities and opportunities on the doorstep. The surrounding area is dotted with vast open farmland and leafy conservation areas, with a handful of country parks such as Itchen Valley and Manor Farm waiting to
    be explored. Maddoxford Park sits in close proximity to towns and villages such as Botley being the closest with a good range of local amenities, pubs and restaurants as well as the local school, Hedge End which has retails parks with shops including high street brands such as M&S, Next, tk maxx and Sainsburys Super Market, Fair Oak and Whiteley. Each with their own unique character they all offer a number of conveniences to temp you.

    Purchase Example:
    Full Market Value: £317,500
    40% Share Price: £127,000
    Rent on un-owned share £436.56pcm Estimated service charge £25.90pcm

    ownership: Shared Ownership lets you buy from £78,750 for a 25% share in your new home at Maddoxford Park, with 5%* deposits starting from just £3,937.50*. You’ll also pay rent on the rest and a monthly service charge. So, if you buy a 25% share in a 2 bedroom house your rent
    could start from £541.41* per month. In future, as your financial situation changes, you can buy
    additional shares if you want to. And as your shares goes up, your rent comes down.

    *Prices are based on buying a 25% share in a 2 bedroom house with a fmv of £315,000, shares start from £78,750 with a monthly rent of example of £541.41 and an estimated service charge of £29.50 (Based on unsold equity at 2.75% of value). Terms and conditions apply.

    **Images shown are representative of the development and of the homes available however may not be specific to the plot advertised. The product and finish described may not reflect the actual plot advertised but are for example purposes only. Floor plans & measurements are for reference purposes only and must not be relied on**

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    • Tenure

      Leasehold (989 years)

    • Service charge

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    Property descriptions and related information displayed on this page are marketing materials provided by - Mann - Locks Heath Sales. 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 Mann - Locks Heath Sales for full details and further information.