2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (108 years remaining)
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.
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Property reference BEA240035. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Burkmars Estate Agents - Lymington.
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Broadband availability and predicted speed: obtained from Ofcom on March 9, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 9, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 7, 2016 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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