23 Swan Street,
Newport, Isle of Wight, PO30 2FA
50% share available from:
Gross internal area
- Guideline Minimum Deposit £16,250
- Guideline Income Dual £35.6k | Single £40.8k
- Two Storey, Detached House
- Approx. 1039 Sqft Gross Internal Area
- High Performance Glazing
- Bathroom, Shower Room and Cloakroom
- Rear Garden
- Garage plus Driveway
A rare chance to buy a four-bedroom, shared-ownership house. The detached property provides well over a thousand square feet of accommodation and features a ground-floor cloakroom, a front reception room and a large kitchen/dining room with sleek, dove-grey units and integrated appliances.
Upstairs is a main bedroom with naturally-lit, en-suite shower room; a second, similar-sized bedroom plus two smaller bedrooms and a family bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system contribute towards a very good energy-efficiency rating.
The house has a rear garden and a detached garage with space for two additional cars on the driveway. Swan Street is also within comfortable walking distance or short bus/cycle ride of Newport town centre.
Tenure: Leasehold (125 years from 2020).
Minimum Share: 50% (£162,500).
Shared Ownership Rent: £355.18 per month (subject to annual review).
Combined Insurance and Admin Fee: £33.02 per month (subject to annual review).
Service Charge: £182 for the year (estimated and subject to annual review).
Guideline Minimum Income: Dual £35,600 | Single £40,800 (based on minimum share and 10% deposit).
Council Tax: Band D, Isle of Wight Council. Priority is given to applicants living and/or working in this local authority.