PRICE: £70000 - 50% Shared Ownership - OnTheMarket


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A modern one double bedroom top apartment set in a handy location just a short distance from Southbourne Grove available for sale on a 50% shared ownership basis. Please call for further information or to arrange your inspection. Seabourne Road, Southbourne, Bournemouth, Dorset BH5 2HY

PRICE: £70,000 - 50% Shared Ownership Viewing: By appointment only via Slades Estate Agents:

Open for viewing 7 days a week!

Tel: (01202) 428555 or email: [email protected]

Direction Note: From our office in Southbourne proceed in the direction of Pokesdown into Seabourne Road.

This well presented top floor apartment is set in a great location giving easy access to Pokesdown train station and the popular Southbourne Grove with its wide range of shopping facilities, eateries and bus routes. The property is available for sale on a 50% shared ownership basis and hence offers a great route to home ownership without the need of raising a large mortgage or sum of cash. Built in recent times the property is modern throughout and is well presented by the current owners benefitting from gas central heating and double glazing throughout. Upon entering the property a hallway offers a built in storage cupboard and houses the entryphone handset with doors leading to all rooms. The living room is of a pleasant size with ample room for both living and dining room furniture with a side aspect window and rear aspect velux style window. A boxed arch leads open plan through to the kitchen which is in our opinion proportionally generous fitted with a range of both eye and base level storage cupboards finished in a stripped wood style. Contrasting working surfaces have tiled splash backs and there is space for a tall standing fridge/freezer, washing machine and gas hob. The kitchen also houses the gas combination boiler which serves both hot water and central heating. The bedroom has a rear aspect velux window and offers room for a double bed and wardrobes. Adjacent to the bedroom the bathroom also has a rear aspect velux window and is fitted with a modern white suite comprising of low level WC, hand wash basin and panel enclosed bath with mixer tap and handheld shower over. The property is ready for immediate occupation and whilst the current owners are looking to make an onward purchase may be able to offer a chain free sale for a quick move subject to negotiation. Internal viewing is recommended and can be arranged via the sellers chosen sole agents. How does shared ownership work? You purchase a share of the properties full market value (50%) and pay a subsidised rent on the remaining share. You can raise a mortgage to purchase your share, if you have a large deposit or equity from the sale of a property, this can also be used towards purchasing your share. You can sometimes later buy additional shares until you own 100%, if you wish to do so. This is called 'staircasing' and the cost of the additional shares is based on the market value of the property at the time that you purchase the shares. If you increase your share in the property, your rent is re-calculated and reduced proportionately. Approximate Room Sizes Are As Follows; Living Room: 12'9 x 11'5 (3.89m x 3.48m) Kitchen: 11'6 x 9'3 (3.51m x 2.82m) Bedroom: 11'6 x 11'5 (3.51m x 3.48m)

THE PROPERTY MISDESCRIPTIONS ACT 1991 The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. If you are interested in buying this property it is important that you contact us at the earliest opportunity. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. If you are making a cash offer, we shall require written confirmation of the source and availability of your funds in order that our client may make an informed decision. DATA PROTECTION ACT 1998 Please note that all personal information provided by customers wishing to receive information and/or services from the estate agent will be processed by the estate agent, the TEAM Association Consortium Company of which it is a member and TEAM Association Limited for the purpose of providing services associated with the business of an estate agent and for the additional purposes set out in the privacy policy but specifically excluding mailings or promotions by a third party. If you do not wish your personal information to be used for any of these purposes, please notify your estate agent.