Property Features
- LUXURY APARTMENT
- LOUNGE/KITCHEN DINING ROOM
- TWO DOUBLE BEDROOMS
- BATHROOM
- ALLOCATED PARKING
- SHARED OWNERSHIP AVAILABLE
- SOUGHT AFTER LOCATION
- CLOSE TO LOCAL AMENITIES
- IDEAL FIRST TIME BUY PURCHASE
- VIEWING HIGHLY RECOMMENDED
Property Summary
Full Details
This stunning newly built two double bedroom ground floor apartment boasts a spacious, luxury bay-fronted lounge/kitchen/dining area, complete with built-in appliances for modern living. The apartment features a high-quality three-piece bathroom suite, offering both style and comfort. Additionally, it includes allocated parking as well as visitor parking, ensuring convenience for residents and guests alike. Perfect for those seeking a contemporary living space with all the essentials.
This property is available as a 50% share or 100% fully owned, which is perfect for people who wish to get on the property ladder. The 50% share price is £117,500, full market share is £235,000. Should you wish to purchase this leasehold part buy part rent property, the monthly rent on top of your mortgage payment will be £280.45 per month and service costs would be a monthly payment of £165.00. As well as your utilities and rates.
The property is within a 5 minute drive to Junction 7 of the M3 Motorway, providing easy access to London, Winchester and Southampton. Basingstoke town centre is less than 4 miles away and is home to Festival Place shopping centre and Basingstoke mainline train station. For families, the property is within catchment area and close proximity of several well-regarded schools, including: Kempshott Infant School (Ofsted 'Outstanding' rated) and Kempshott Junior School (Ofsted 'Good' rated). The apartment is situated on the popular Longacre development, which is on the outskirts of Basingstoke and backs onto open countryside.
NB. Because shared ownership is a form of affordable housing, anyone owning or occupying it should be ONE of the following:  Be a first time buyer  Have previously owned a home but can't afford a property on the open market which meets their current needs  Be an existing shared owner - but they must demonstrate they are in the process of selling their home As well as this, the prospective buyer or buyers should also meet the following criteria:  Be registered with their local Help to Buy agent  Be over 18 years old  Earn below £80,000 as a household  Must own and occupy the property as their sole and primary residence  Be unable to find a home suitable for their housing needs on the open market  Not be in mortgage or rent arrears  Be able to demonstrate a good credit history and can afford the regular payments involved in buying this home In addition to this buyer criteria, the local authority may also have placed planning restrictions on the property to prioritise people from the local area - This is known as a Local Connection clause.
50% SHARE £117,500
100% FULLY OWNED: £235,000
LEASEHOLD
YEARS REMAINING: 122
COUNCIL TAX BAND: B
KITCHEN DINER/LOUNGE 21' 9" x 18' 1" (6.63m x 5.51m)
BEDROOM 1 12' 0" x 10' 1" (3.66m x 3.07m)
BEDROOM 2 14' 6" x 7' 8" (4.42m x 2.34m)
BATHROOM