Downsview

2 bedroom homes in Sandown, Isle of Wight, PO36 9NY

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Bedrooms 2
Bathrooms 1
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

A spacious 2 bedroom ground floor apartment with allocated parking situated in the popular town of Sandown. 

Local area information

Downsview is located 0.3 Miles from Sandown

Sandown has excellent bus and train services. Bus services can take you to Brading and Ryde or south to Shanklin and Ventnor, also across the Island to Godshill, Newport and Cowes, whilst train services run to the neighbouring town of Shanklin or to Ryde where they connect with ferry services to Portsmouth.

Sandown sits on the Southern coast of the Isle of Wight, sheltered in a beautiful bay, and is famed for its long stretches of golden sandy beach and the traditional pier, with many amenities.

There is a great selection of attractions, including a Zoo housed in an old fort and an interactive Dinosaur Museum. You can relax and spend quality time strolling along Sandown Beach followed by an ice cream or refreshments at one of the  beach cafés or restaurants. The main town beach stretches all the way along the Esplanade where it meets with Yaverland Beach, regarded as one of the best beaches and offers a range of outdoor watersports such as windsurfing and kayaking, or just a stroll taking it easy keeping a look out for fossils and enjoying the stunning views of the coast.

Status Plot No. Floor Beds Min share price Eligibility
Reserved 4 Ground 2 £46,000 View details

FAQ's

Prices are not available yet for Downsview but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for Downsview but you can register your interest to be notified when prices become available.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Downsview

2 bedroom homes in Sandown, Isle of Wight, PO36 9NY

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Bedrooms 2
Bathrooms 1
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes