Flat for sale in Arcadia, John Thornycroft Road, Southampton SO19

Flat for sale - 2 bedrooms 2 1 1
Interested in this property? Call +44 23 8234 9529 * or Request Details

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Property features

  • Brand new home
  • Parking^
  • Close to waterfront
  • A selection of 1 & 2 bedroom apartments
  • Excellent commuter access
  • Shared ownership apartments

Property description

Shared Ownership

This property is available to buy from as little as £53,750 with a 25% share.

Centenary Quay is a collection of new one and two bedroom apartments available to purchase via the Shared Ownership scheme.

Providing an ideal location for both work and leisure, Centenary Quay is a short commute from Southampton’s historic city centre and perfectly located within easy reach of a wealth of bars, shops and nearby restaurants to ensure everything you could want is at hand.

The city is a hub of activity, so you can enjoy the vibrant nightlife, as well as visiting the many historic landmarks, including the iconic city walls.

This new home benefits from:
• Spacious open plan kitchen/living/dining space
• Modern bathroom suite
• District heating system
• Convenient entrance hall storage cupboard with washer/dryer provided
• Secure door entry system
• External private balcony to Plots 5005,5009 & 5013
• Allocated parking space^

Full Market Value: £215,000

25% Share Price: £53,750 (rent £335.94 pcm)
50% Share Price: £107,500 (rent £223.96 pcm)
75% Share Price: £161,250 (rent £111.98 pcm)

Minimum 5% Mortgage Deposit (25% share): £2,687.50

Estimated Service Charges: £134.74pcm*

To be eligible for shared ownership you would need to meet the following criteria:

• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain

^ Whilst development is still ongoing at Centenary Quay, initially residents parking will be in a 'temporary' car park and this will be changed to permanent parking at a later date. The location of permanent parking is still tbc.

** These photos are for information purposes only and may not represent a true likeness for the units being sold. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Floorplan(s): Floorplan

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For more information about this property, please contact
Leaders - Shared Ownership, RG40 on +44 23 8234 9529 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Leaders - Shared Ownership, and do not constitute property particulars. Please contact Leaders - Shared Ownership for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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