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Gregg Close, Southampton 3 bed terraced house for sale
Gregg Close, Southampton
£165,000
Gregg Close, Southampton
£165,000
Price History
Initial price | £185,625 |
20/02/25 | £165,000 |
Price Change | -11.11% |
Description
Lake Swanmore is a family-friendly community located near Southampton and Portsmouth, with easy access to the beautiful countryside of the Meon Valley. The village offers a range of amenities, including schools, pubs, and a leisure centre, as well as proximity to sailing communities and beaches. The Shared Ownership scheme allows buyers to purchase a share of their home with a smaller upfront payment, with the option to buy more shares over time. The scheme is part buy, part rent, with the buyer purchasing a minimum 40% share of the property and paying a subsidized rent on the remaining share. The affordability of the scheme is calculated based on the full market value of the property and the percentage share purchased, with the initial rent being 2.75% of the remaining share of the full market value owned by the landlord.