Property description
£125,000 or value of share £50,000 at 40%
Situated in a leafy residential area about 2 miles north of Southampton city centre, Bracken Lane is a peaceful no-through road that overlooks Shirley Ponds Park. Once the setting of Poor Clares convent, it will shortly be home to contemporary houses and apartments, creating a new community. Affinity Sutton is delighted to offer ten 2 and 3 bedroom houses and eight 1 and 2 bedroom apartments for sale on a shared ownership basis (also called part buy/part rent).
Shared ownership is an innovative scheme that helps people who are unable to buy a property outright. You buy a share of the property (between 25% and 75%) and pay a reduced rent on the remaining share. At a later stage you can buy more shares until you own 100% of the property. It's an affordable way to buy, and often cheaper than renting privately. It's the perfect solution for singles and couples who wish to get on the property ladder, live close to the city centre and take full advantage of everything that Southampton has to offer.
Location
* Located off Bracken Lane, near Shirley Pond Park
* Within walking distance of local shopping amenities
* 2 miles from city centre
* Short drive from Southampton Central and Millbrook stations with services into Paddington, London Waterloo and Portsmouth
* Southampton Airport is 3.8 miles away. Good road network close by with access to A35, A33, M3 and M27
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