Summary - 4 Grebe Close, Wecock Farm, Waterlooville, PO8 PO8 9UU
3 bed 1 bath End of Terrace
Affordable route onto ownership with outdoor space and parking.
3 bedrooms in compact 787 sq ft layout suitable for small families
50% shared ownership — share price £132,500; rent £377.78/month
Service charge £22.10/month; yearly management £265.20
Rear garden and two off-street parking spaces included
Double-glazed windows and gas central heating, EPC C
Lease 77 years remaining — many lenders likely to refuse mortgage
Located in a very deprived area with higher-than-average local crime
Small overall size — limited space and resale flexibility
This three-bedroom end-of-terrace is offered as a 50% shared ownership opportunity, giving a route onto the property ladder at a £132,500 share. The house includes a rear garden, two off-street parking spaces, gas central heating, double glazing and an EPC rating of C — practical features for everyday family living.
Important caution: the lease has 77 years remaining. That is low for mortgage lenders and many may refuse to lend against this lease. Monthly running costs include a rent of £377.78 for the unsold share and a service charge of £22.10; buyers should confirm mortgageability and any lender requirements before proceeding.
Accommodation is compact at about 787 sq ft across multiple storeys, suited to young households prioritising affordability over space. The property is in a very deprived area with higher local crime levels than average; prospective buyers should factor local conditions into their decision and visit at different times of day.
Overall, this home offers an affordable entry point with straightforward heating, parking and outdoor space, but the short lease and local area indicators are material negatives that may limit mortgage options and resale prospects.
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