2-bedroom flat · SO50 9SY
For saleListed 225 days
Opportunity summary
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About
Reserve your new home today! Heritage Place is a brand new development currently offering two bedroom apartments and just one two bedroom coach house, available now on a shared ownership basis!
Contact us today to discuss this development and the homes released for sale.
Plot 300 is a two bedroom second floor apartment available to purchase at a 40% share at £98,000 with a minimum 5% mortgage deposit of £4,900.
Initial shares can be purchased from 25% to 75% Full market value £245,000. A second floor apartment with its own enclosed outside space.
Accessed from the communal hallway which serves just three properties to each floor. The L-shaped entrance hall benefits from 2 x single storage cupboards.
Doors provide access to the two bedrooms both with double glazed windows. The bathroom has a 3 piece suit with w.c, wash hand basin and bath with double-glazed window.
The open plan kitchen/dining/living room has a double glazed window in the kitchen area and double glazed patio doors opening to a private balcony.
The kitchen has matching cobble grey units with alpine white worktops and has an inset single drainer sink unit, fitted over hob and extractor with space provided for a fridge freezer and washing machine.
Flooring is provided throughout and 2 x parking spaces come with this home. Utilities include mains gas, electric, water (metered) and waste water.
General specification: Kitchen • Symphony kitchen with Plaxa cobble grey units and alpine white worktops • Flooring is Leoline’s comfytex deluxe vinyl Toronto 514 Bathroom • Porcelanosa Rivoli Blanco tiling • Flooring is Leoline’s comfytex deluxe vinyl Sintra 507 Other Internals • Flooring in non-wet areas is Kingsmead’s Everton Elephant carpet Parking • Plots feature two parking spaces^ (Right to Use) Location: Offering an ideal location for both work and leisure, Heritage Place is extremely well placed to connect to Southampton and Portsmouth.
For added convenience, Heritage Place is just North of the Victorian railway town of Eastleigh, where you can access a host of useful amenities such as schools, fe colleges, nurseries, doctors’ surgeries, supermarkets, major retail stores and a large leisure centre all within a short drive from North Stoneham.
The town offers a variety of active community groups, including a lively musical and artistic scene at venues including The Point Theatre.
There’s something for all the family too, with Lakeside Railway and almost immediately opposite there is a mainline train station Southampton Parkway, with fast trains to Eastleigh, Winchester, Basingstoke and London for days out and commuting.
In 2018 Eastleigh was voted best place to raise a family based on a mix of criteria including leisure activities, places to eat out and good schools.
Purchase Example: Full Market Value: £245,000 40% Share Price: £98,000 Rent on un-owned share £336.87pcm Estimated service charge £114.32pcm ownership: Shared ownership lets you buy a share of your new home.
You can start at just 25% with a 5% deposit. You pay rent on the rest. If you buy a 25% share on one of these houses, you can expect the rent to be around £421.09 per month*.
In the future, as your financial situation changes, you can buy greater shares if you want to. This is called staircasing. As your share goes up, your rent comes down.
If you’d like to get a better understanding of how much buying a brand new home at Heritage Place would cost you.
*Prices are based on buying a 25% share in a 2 bedroom apartment with a fmv of £245,000, shares start from £61,250 with a monthly rent of example of £421.09 (Based on unsold equity at 2.75% of value).
Terms and conditions apply. **Images shown are representative of the development homes. The product and finish described may not reflect the actual plot advertised but are for example purposes only.
Floor plans & measurements are for reference purposes only and must not be relied on**
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Plot 300 Heritage Place,, Game Keepers Quarter, Hampshire
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