7 Yellowhammer House

Property Overview

Situated within the highly sought-after Whiteley development, this well-presented two-bedroom second floor apartment at 7 Yellowhammer House offers stylish, low-maintenance living in a prime location with excellent amenities and transport accessibility. Perfect for first-time buyers, or for professionals needing good commuting options, the property combines contemporary interiors with exceptional convenience.

Accommodation Details

• Entrance Hall – Welcoming hallway with storage cupboard, providing access to all rooms.
• Living / Dining Room – A bright and spacious open-plan reception area, perfect for relaxing or entertaining, with large windows allowing plenty of natural light.
• Kitchen – Modern fitted kitchen featuring a range of wall and base units, work surfaces, and integrated appliances, ideal for everyday living.
• Bedroom One – Generous double bedroom with ample space for wardrobes and additional furnishings.
• Bedroom Two – Good-sized second bedroom, perfect as a guest room, nursery or home office.
• Bathroom – Contemporary bathroom suite including bath with shower over, wash basin, and WC.

Financial Breakdown

• Full Market Value: £217,500
• 40% Share Value: £87,000
• Rent on unowned share: £355.18 per month
• Estate charge £32.94
• Buildings insurance £17.54
• Management fee £34.89
• Reserve/sinking fund payment £56.21
• Other service charges £56.22
  Total monthly service charge payment excluding rent £197.80

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property’s value, while paying a subsidised rent on the remaining share.

The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%.

Eligibility Criteria:

To be eligible for Shared Ownership, you will need to:

• Have a combined household income under £80,000 per annum
• Be unable to purchase a suitable home on the open market
• Meet one of the standard criteria, such as being a first time buyer or forming a new household.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent, service charges and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or service charge payments could put your home at risk.

Location & Local Area

Whiteley is one of Hampshire’s most desirable residential areas, known for its blend of green spaces, retail convenience, and excellent infrastructure. Located between the vibrant cities of Portsmouth & Southampton and close to the market town of Fareham.

The property is within easy reach of:

• Whiteley Shopping Centre – offering a wide range of shops, restaurants, cafés, cinema, and leisure facilities
• Local parks and woodland walks – ideal for outdoor activities
• Sports and leisure amenities including gyms and golf courses

The area benefits from a strong community feel and is popular with professionals and families alike.

Transport Links

This property is ideally positioned for commuters:

• M27 motorway within close proximity, providing direct access to Southampton, Portsmouth, and beyond
• Botley train station is 7 minutes away – with regular services to Waterloo
• Swanwick & Fareham railway stations nearby, offering regular services to London Waterloo, Southampton, Portsmouth, and Brighton
• Excellent bus links connecting Whiteley to surrounding towns
• Approximately 20 minutes to Southampton Airport