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62 Le Marechal Avenue

Shared ownership

Le Marechal Avenue, Bursledon, SO31 8LX

For sale
Shared ownership
Photo of 62 Le Marechal Avenue
Live from space album cover

from

£55,000

with min. deposit

£2,750

25% Share from
£55,000
Full market price
£220,000
Minimum deposit
£2,750
Monthly rent
£486
Monthly service charge
£106.07

2 bedroom flat

ABOUT THE HOME

This ground floor apartment has the front door leading into the carpeted hallway which features a storage cupboard and a space to hang coats. The hallway then takes you through to bedroom one which is carpeted and the smaller bedroom two which is also carpeted. There is an option to purchase the made to measure wardrobes when the property is sold. The family bathroom has a shower over the bath and small window to help with ventilation although there is also a fan. A delightful open plan kitchen/lounge/dining area is a great space to relax and entertain with doors which lead out onto the terrace.
To access the block, there is a …

Features

Communal Garden

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years120
EER Current87
EER Potential87
Key Information Document

from

£55,000

with min. deposit

£2,750

25% Share from
£55,000
Full market price
£220,000
Minimum deposit
£2,750
Monthly rent
£486
Monthly service charge
£106.07
Aster

Aster

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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