30% share in a 2021 flat with parking, balcony and lift — ideal for first-time buyers..
Allocated off-street parking and lift access in the block
Private balcony overlooking maintained communal areas
30% shared ownership — full value £272,500
Rent on unsold share: £484.12 pcm; monthly service charge £85.88
Long lease: approx. 121 years remaining
Constructed 2021 with modern fixtures and integrated appliances
Located in a student‑focused, mixed outer-city area (busier surroundings)
Applicants assessed for affordability; household income limits and ownership rules apply
A modern two-bedroom first-floor apartment offered as a 30% shared ownership in the popular The Valley development. Built in 2021, the flat has an open-plan living room and kitchen, private balcony overlooking well-kept communal areas, allocated off-street parking and lift access — practical conveniences for everyday life.
The accommodation includes two spacious bedrooms (master with built-in wardrobe), a contemporary family bathroom with shower-over-bath, and an integrated Zanussi kitchen with space for appliances. The boiler-and-radiator gas heating and good thermal performance help keep running costs reasonable, while fast broadband and excellent mobile signal suit remote working or streaming.
Important purchase details are straightforward: the price reflects a 30% share (full market value £272,500), with rent on the unsold share of £484.12 pcm and a service charge of £85.88 pcm. The lease has approximately 121 years remaining. Applicants will be financially assessed; eligibility typically requires household income under £80,000 and no other property ownership unless under offer.
Location notes: the property sits in a mixed outer-city area with a cosmopolitan, student-focused neighbourhood character and higher local deprivation indicators. That brings good local amenities, schools with strong ratings nearby, and potentially busier, student-oriented surroundings. This apartment will suit first-time buyers seeking an affordable route into Winchester with modern finishes and low immediate maintenance, provided they are comfortable with shared-ownership commitments and the local neighbourhood profile.
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