This superb modern home is available to buy from as little as £61,250 with a 35% share
This well-presented fourth-floor apartment in Keppel Rise, Centenary Plaza offers bright, modern living in a highly convenient Southampton location. The property features a welcoming entrance hall leading into a spacious reception room, which provides an adaptable living and dining space with access to a private balcony—ideal for relaxing outdoors or entertaining.
The separate kitchen is thoughtfully laid out, offering a practical and efficient cooking space with fitted units and integrated appliances. The apartment includes a generous main bedroom filled with natural light, while the second room can serve as a comfortable bedroom, guest space, or home office, depending on your needs.
A contemporary bathroom completes the property, equipped with a full-sized bath and modern fixtures. The layout is well-designed throughout, maximising usability and flow.
Situated within a modern development, the home benefits from lift access and an excellent position close to local amenities, transport links, and the vibrant offerings of Southampton’s waterfront and city centre.
PRICING & AFFORDABILITY
Full Market Value: £175,000
35% Share Price: £61,250 (rent £300pcm)
Minimum 5% Mortgage Deposit (35% share): £3062
Approximate Service Charges: £250pcm*
Lease: TBC
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £175,000 and a purchaser would not need to meet the eligibility criteria listed above.
