At The Old Mansion you can buy initial shares from as little as 10% on the remaining homes for sale plots 30, 32, 34, 36 & 38 as they’re offered on the new model lease. For more information about the variations of this lease and the different features please contact us.
The Old Mansion Collective by Vivid Homes is available to purchase now, on a Shared Ownership Basis!
Over 50% Already Reserved!!
A stunning collection of eighteen contemporary Shared Ownership apartments set in a secluded location with lush, green outlooks, to enjoy from the comfort of these beautifully styled homes. Each apartment on the ground floor has access to outside patio areas, while the first and second floors feature a spacious balcony. This provides outside space to relax and unwind, with some homes offering views over the communal waterside terrace and Park Pond.
Two bedroom apartment available to purchase at a 40% share at £164,000 with a minimum 5% mortgage deposit of £8,200. Initial shares can be purchased from 10% to 75% . Full market value £410,000.
Call to discuss this individual home and book you viewing today!
Plot 30 is located on the first floor. The apartment benefits from an entrance hall with three built in single storage cupboards. Oak style doors give access to the bathroom, bedrooms and open plan kitchen / living dining room.
The living / dining area benefits from triple aspect double glazed windows and double glazed door providing access to a private, spacious balcony. The ‘Moores’ taupe coloured contemporary kitchen with glass haze units includes white concrete worktops and integrated appliances consisting of gas hob single oven, with extractor fan over, fridge freezer, dishwasher and space provided for a washing machine. Other benefits include LED spots lights to ceiling, LED under pelmet lighting, Double USB sockets and light wood effect flooring and double glazed window.
The master bedroom has a built in double wardrobe, double glazed window and also includes double USB sockets.
the en-suite has a contemporary white suite with chrome taps, double shower cubicle, chrome heated towel rail, tiling, LED down lighting and grey vinyl flooring.
A white contemporary suite is also provided to the bathroom including chrome taps, chrome heated towel rail, tiling, LED down lighting and grey vinyl flooring.
Bedroom two is a double bedroom with double glazed window.
This home comes with 2 allocated parking spaces and flooring is provided throughout.
The Old Mansion Collective is under 5 miles from central Southampton, where you’ll find West Quay shopping centre with over 130 well-known brands, including major retailers such as John Lewis and Partners, Marks and Spencer, Zara, Schuh, Waterstone’s, Hollister Co. and Apple. There are also many popular restaurants in West Quay and surrounding areas offering many types of food and plenty of bars, a large cinema and theatre as well as popular music venues too.
For added convenience, close to North Stoneham Park 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. Just five minutes’ drive from North Stoneham, Eastleigh town centre offers a variety of active community groups, including a lively musical and artistic scene at venues including The Point theatre.
Offering an ideal location for both work and leisure, North Stoneham Park is extremely well placed to connect to Southampton and Portsmouth, whilst only four minutes’ drive to the M27 and equally short drive to join the M3 for onward travel to Winchester and London. There’s something for all the family too, with Lakeside Railway just five minutes’ drive away, and almost immediately opposite that is a mainline train station with fast trains to Eastleigh, Winchester, Basingstoke, and London for days out and commuting.
Purchase Example:
Full Market Value: £410,000
40% Share Price: £164,000
Rent on un-owned share £563.75pcm
Estimated service charge £129.97pcm
Shared ownership lets you buy a share of your new home. You can start at just 10% with a 5% deposit. You pay rent on the rest. If you buy a 25% share on one of these apartments, you can expect the rent to be around £369.53 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. Speak to us today If you’d like to get a better understanding of how much buying a brand new home at The Old Mansion Collective would cost you.
*Prices are based on buying a 25% share in a 1 bedroom apartment with a FMW of £215,000, shares start from £53,750
with a monthly rent of example of £369.53 (Based on unsold equity at 2.75% of value). Terms and conditions apply.
**Images shown are representative of the development. The product and finish shown may not reflect the actual plot advertised. These are for guidance and example purposes only. Plan are of the actual property advertised but are not to be relied on**
