Shared Ownership 50% Sold At Southampton Site

A waterside Shared Ownership development in Southampton is now 50% sold but still offers opportunities to purchase a first home in a well-connected part of England’s south coast with a deposit as little as £4,813.

Chapel Riverside enjoys a secluded location with views overlooking the River Itchen yet is within easy walking distance of an array of local amenities and facilities. The popular venues of Ocean Village Marina, the historic Oxford Street and West Quay are all within a 20-minute walk from the development. For those who enjoy getting outside in the fresh air, there is a selection of award-winning parks and relaxing riverside walks nearby to enjoy, and the wild open spaces of the New Forest and the South Downs National Park also offer a great place to venture outdoors.

Nearing completion, the development comprises a contemporary collection of one- and two-bedroom apartments which are ready to move into. The open-plan living/kitchen/dining area offers a versatile space for relaxing, dining or working from home and also features direct access onto a generous private balcony. Floor-to-ceiling height windows create an impressive sense of space, flooding each room with light, and bespoke kitchens come complete with a full range of integrated appliances. Ideal for buyers keen to keep their household bills low, energy-efficient features such as underfloor heating operated via a smartphone or tablet and energy efficient boilers are included as standard. All apartments also benefit from a secure allocated parking space.

Louise Mills, sales and marketing director for St Arthur Homes, commented: “The news that Southampton is one of the most affordable places to buy a home is a great boost for prospective buyers at Chapel Riverside. Whilst London can be a draw for many first-time property hunters it can also be an unaffordable goal to reach. Southampton is a fantastic location; the city centre has plenty to offer with a dynamic mix of amenities and Chapel Riverside is perfectly placed to be able to take full advantage of it all. Not only has this particular location been ranked as one of the most affordable in England, but with the added availability of the Shared Ownership scheme makes this an opportunity not to be missed. Prospective purchasers can still book an appointment to view our fabulous two-bedroom show apartment and come and see the development and location for themselves.”

Great travel connections from Chapel Riverside make life easy for residents. By road the M27 is just three miles away, and Portsmouth, Winchester, Salisbury and Bournemouth are all within easy reach. By rail, Southampton Central station provides connections all over the UK including London in around one hour 15 minutes, while Southampton airport is just four miles away.

Prices at Chapel Riverside start at £96,250 for a 50% share of a one-bedroom home (based on a full market value of £192,500), requiring a 5% deposit of £4,813. Find out more at www.starthurhomes.com.

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