No longer on the market
This property is no longer on the market
Floorplan
Map2 bedroom apartment
Sold STC
Apartment
2 beds
1 bath
742
EPC rating: C
Key information
Tenure: Leasehold | 45% share | rental £295pcm | 108 yrs left
Service charge: £537.60 per annum
Council tax: Band C
Broadband: Super-fast 74Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
Video tours
This spacious two bedroom second floor apartment has the benefit of a lock up garage. Available on Shared Ownership Resale you could buy with just 5% deposit.
Note: This property could be purchased outright for £285,000 if you do not want to use the shared ownership scheme option.
Secure entrance door with stairs to the second floor. The apartment has an entrance hall with useful storage options to hand. The main living area is an impressive space with comfortable sitting areas, space for a dining table and a cinema wall in one corner.
Leading off the living area, the kitchen is well equipped with kitchen cabinets beneath the worktops, space for fridge, washing machine, dishwasher. The oven and hob are integrated and the gas heating boiler is in one corner.
From the hall there are two spacious bedrooms, bedroom one has a built in wardrobe and a linen cupboard with the hot water cylinder.
The bathroom is well equipped with a white suite including bath/shower, basin and wc.
Outside there is a private garage/store with up and over door.
Full Price £285,000 of which you could buy a minimum 45% = £128,250 and put down Min. Deposit 5% = £6,413
PURCHASE EXAMPLE. Buying a 45% Share with a 5% deposit.
45% Share Price £128,250
Deposit £6,413
with a mortgage rate of 5.5%
Monthly repayment mortgage could be £692 on a 30 year mortgage loan term.
Rent £295 per month paid to ABRI the shared ownership partner.
Estimated Service charge, £45 per calendar month paid to ARBI shared ownership management team.
Leasehold 108 Years remaining.
With reference to the Estate Agents' Act 1979 we would point out that the seller of this property is relative of a director at Burkmars.
Lymington offers an extensive range of shops from large household names such as Marks & Spencer and Waitrose to independent boutiques, coffee shops, restaurants, pubs and tea rooms. There are also a variety of hair salons and beauticians to choose from. Saturdays provide a vibrant atmosphere throughout the town as the market attracts many locals and visitors from throughout the forest and beyond. Lymington is the ideal location for those who enjoy water sports with two marinas and sailing clubs holding access to the Solent and a short drive away from beaches.
Note: This property could be purchased outright for £285,000 if you do not want to use the shared ownership scheme option.
Secure entrance door with stairs to the second floor. The apartment has an entrance hall with useful storage options to hand. The main living area is an impressive space with comfortable sitting areas, space for a dining table and a cinema wall in one corner.
Leading off the living area, the kitchen is well equipped with kitchen cabinets beneath the worktops, space for fridge, washing machine, dishwasher. The oven and hob are integrated and the gas heating boiler is in one corner.
From the hall there are two spacious bedrooms, bedroom one has a built in wardrobe and a linen cupboard with the hot water cylinder.
The bathroom is well equipped with a white suite including bath/shower, basin and wc.
Outside there is a private garage/store with up and over door.
Full Price £285,000 of which you could buy a minimum 45% = £128,250 and put down Min. Deposit 5% = £6,413
PURCHASE EXAMPLE. Buying a 45% Share with a 5% deposit.
45% Share Price £128,250
Deposit £6,413
with a mortgage rate of 5.5%
Monthly repayment mortgage could be £692 on a 30 year mortgage loan term.
Rent £295 per month paid to ABRI the shared ownership partner.
Estimated Service charge, £45 per calendar month paid to ARBI shared ownership management team.
Leasehold 108 Years remaining.
With reference to the Estate Agents' Act 1979 we would point out that the seller of this property is relative of a director at Burkmars.
Lymington offers an extensive range of shops from large household names such as Marks & Spencer and Waitrose to independent boutiques, coffee shops, restaurants, pubs and tea rooms. There are also a variety of hair salons and beauticians to choose from. Saturdays provide a vibrant atmosphere throughout the town as the market attracts many locals and visitors from throughout the forest and beyond. Lymington is the ideal location for those who enjoy water sports with two marinas and sailing clubs holding access to the Solent and a short drive away from beaches.
Property information from this agent
About this agent
Burkmars Independent Estate Agents, based in the heart of Lymington High Street, offer many types of houses, bungalows, flats and commercial properties for sale throughout areas of the New Forest and along the Solent coastline. Burkmars have been established since 1993, managed by Richard Burkmar FRICS and Michael Burkmar MNAEA, we offer 60 years local experience selling properties within Lymington and the surrounding villages. Burkmars are trusted for giving sound professional advice with a wealth of experience selling all types of residential and commercial properties from studio apartments to larger town and country houses, as well as letting and selling shops and office buildings. We also carry out rent reviews for a large number of commercial property owners. Our specialist, in-depth knowledge of the local property market, personal commitment and extremely helpful team ensures we make buying and selling your home as comfortable as possible. Burkmars Independent Estate Agents are here to assist you every step of the way.