Lakedale at Whiteley Meadows in Whiteley
by Legal & General Affordable Homes
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2 bedroom apartments and 3 bedroom houses
From £96,000 for a 40% share
(From £240,000 Full Market Value)
Whiteley, Hampshire, PO15 7PF
Do you want to see site plans, house types and floorplans?
You can see all of this and much more by requesting the development brochure. Simply complete the short form below.
FINAL HOME AVAILABLE! DON'T MISS OUT!
The best of both worlds
A beautiful new community of 2 bedroom apartments available with Shared Ownership.
Lakedale at Whiteley Meadows is part of an emerging community of Shared Ownership homes with excellent amenities and transport options nearby.
Each home has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances including single electric oven, fridge freezer and washer dryer.
With a range of shops, restaurants and amenities on your doorstep, beautiful nature in the surrounding area and the cities and beaches of Southampton and Portsmouth both less than half an hour away, there is something for everyone.
Financial Breakdown:
- Full Market Value: £240,000
- 40% Share Value: £96,000
- 5% deposit of 40%: £4,800
- Rent on unowned share: £330
- Service Charge: £201.87
- Council Tax: TBC*
Key features:
- Electrolux integrated single electric oven, fridge freezer and washer dryer
- Two parking bays per home
- Houses have a paved patio area, turf to rear garden and a shed
- Close to local amenities
- Excellent selection of 'Outstanding' and 'Good' Ofsted-rated schools nearby
- Great transport links
- 12 year NHBC building warranty
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
WHAT IS SHARED OWNERSHIP?Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
Legal & General Affordable Homes are a Registered Provider offering these apartments 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.
ELIGIBILITY CRITERIA:To be eligible for a home at Lakedale at Whiteley Meadows, you'll need to:
- Have a gross household income of no more than £80,000 per annum
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Not already own a home or you will have sold your current home before you purchase
- Have a minimum of £5,000 to cover the costs of buying a home
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
Example Shared ownership share price options
The following table shows examples of the share price range of this development at various share points
| Share | Lower price | Upper price |
|---|---|---|
| 40% share | £96,000 | £96,000 |
| 45% share | £108,000 | £108,000 |
| 50% share | £120,000 | £120,000 |
| 55% share | £132,000 | £132,000 |
| 60% share | £144,000 | £144,000 |
| 65% share | £156,000 | £156,000 |
| 70% share | £168,000 | £168,000 |
| 75% share | £180,000 | £180,000 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
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