Shared Ownership near Portsmouth
Portsmouth has a new swagger in its stride… the southern city will always fiercely retain its maritime history but on the horizon is a multi-million-pound project to enhance the city centre. Talks are still in progress about the City Centre North proposal – an overhaul that will see new housing and spaces for local enterprise, retail, entertainment, wellness and education. But things are looking promising and with all this in the pipeline, combined with improved transport infrastructure, there’s never been a better time to invest in the city.
A seaside city, Portsmouth has nautical adventure in its blood. A former naval port during the British Empire heyday, it’s today the leading base for the Royal Navy, and thanks to its position - nuzzling the Solent - life here revolves around the coast. There’s Portsmouth Historic Dockyard – home to historic ships, including the infamous Mary Rose; the nostalgia-inducing seafront, with its aquarium and funfair; and the pinprick Hayling Island, criss-crossed with nature reserves, pretty beaches and walking and cycling trails. Gaze at bobbing yachts and the looming Spinnaker Tower from Gunwharf Quays with its designer outlets and suntrap terraces; catch bright young artists at work and pick up their wares at Hotwalls Studios – the city’s flourishing arts quarter; and book a table at one of the restaurants that’s spearheading Portsmouth’s evolving foodie scene.
Transport-wise, Portsmouth is very well connected: there are rail links to London and its surrounds; sea links to the Isle of Wight, the Channel Islands and France; and air links to Europe via Bournemouth International Airport.
From its waterside living to vast regeneration, it’s time to rediscover this thrilling maritime city. If you’re looking for an easy way to get a foot on the ladder, the government-funded shared ownership scheme is a fantastic option for first-time buyers. You’ll buy a share of a property – usually between 25 and 75% of the full value – and pay rent on the remaining amount. And looking closely at Portsmouth’s housing market, there are some real steals, sprinkled across central parts of the city and in pockets further afield with fantastic amenities. Take the development of Oak Vale. It may be eight miles from Portsmouth, but buy here and you’ll have Waterlooville’s handy facilities on your doorstep. Three- and four-bedroom houses are super luxe with large master bedrooms, high-spec kitchens and utility rooms, and a good-sized garden. Close by, you’ll find the contemporary development of Elm Green – a patchwork of stylish homes that’ll tick the box for every type of buyer. Think quality fittings and appliances with a guaranteed hit of style. Alternatively, there’s the just-launched Montague Green development – a superb development of swish homes in Rowlands Castle that’s attracting a lot of interest.
Get in touch with Property Booking today to guide you through the process and you’ll be onto a winner.