Flat for sale in Lakedale Whiteley Meadows, Whiteley, Fareham, Hampshire PO15

Just Released! A selection of just nine New Shared Ownership Apartments! The apartments, arranged over 3 floors, are available to purchase on a shared ownership basis with completions due March/April 2024 and are located on the popular development of Lakedale, Whiteley Meadows. Secure your new home today with initial shares from as little as 25%!

These exciting new apartments provide an opportunity to purchase one of nine 2 bedroom homes each benefitting from two allocated parking spaces, available to purchase up to a 75% share at £180,000 with a deposit of £9,000. Full market value £240,000. Shares are available to purchase from 25% - 75%.

Plot 137 is situated on the first floor. The apartment has 2 bedrooms, bathroom and an open plan living / dining room / kitchen offering good accommodation throughout.

The entrance hall has a built-in double storage cupboard with double galzed window and access to the remaining rooms. The open plan Living / dining room / kitchen has dual aspect double glazed windows, tv & television point.

The white contemporary matt kitchen has laminate work tops and matching upstands, chrome handles and stainless-steel sink with chrome mixer tap. Integrated white goods include Electrolux fridge freezer, washer dryer, single oven and electric hob with stainless steel splash back and chimney hood with a space provided for a dishwasher.

Bedroom 1 has a double-glazed window with bedroom 2 also having a double glazed window.

The bathroom has a three piece white suite with soft close seat to the toilet and pedestal basin with mixer tap and clicker waste. There is a Mira thermostatic shower / bath mixer with glass shower screen, full height tiling to bath, splash back to sink, chrome heated towel radiator and extractor fan.

Flooring is provided throughout including carpets to the hall and bedrooms and wood effect vinyl flooring to Living /dining room / kitchen and bathroom, two allocated parking spaces, video entry system, lockable post boxes, cycle store and communal bin store.

Financial Breakdown:
Full market value: £240,000
40% share value: £180,000
5% deposit: £9,000
Rent charged on un-owned share: 2.75% Rent on un-owned share (60%) £137.50 pm Estimated monthly service charge: £195.86

Lakedale, Whiteley Meadows forms part of the wider re-development of Whiteley, with the benefit of Whiteley shopping centre offering a wide range of amenities, high street and independent shops, restaurants and cinema complex as well as Tesco and Lidl supermarkets along with open space and recreational facilities, all within easy reach. Commuter routes are easily accessible with the M27 east to Portsmouth linking the A3 to London, A27 to Brighton and west to Southampton also giving access to the M3 to Winchester and London. Local commuter routes are also nearby leading to Hamble and Botley, with a main line station located at Park Gate which provides direct routes to Brighton and London. What is Shared Ownership? If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

About Legal and General Affordable Homes Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

The specification has been compiled with best intentions to provide a guide to the finishes, however, houses are sold as seen and we recommend customers satisfy themselves as to the specification and finishes installed to each home. Images shown are of the actual plot no.137.