Share Price £81,000 (from 45% Min. Share)

Full Value £180,000 | £4,050 Min. Deposit

Scheme: Shared Ownership

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Park Heights, Basingstoke - 2 bed apartment in Basingstoke - Hampshire

place Wella Road, RG22 4AE

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The Guinness Partnership

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2 bedroom second floor apartment with parking


Eligibility

Must register with Help to Buy South and Guinness Homes


Description

This 2 bedroom second floor apartment in Wella Road will be available to purchase with Shared Ownership.

Shared Ownership is another way to buy your home. You buy a percentage and pay rent on the rest. Guinness owns part of it - but you're living there, you decorate it and decide when to sell.

Buying a percentage means a smaller deposit and a smaller mortgage. It's a sooner first step on the ladder for lots of people. In the future, you can carry on buying further shares to own it 100%.


Key Features

Key features

  • 2 bedroom second floor apartment
  • 1 parking space
  • Brand new home
  • Hob, oven and extractor hood included
  • Modern tiled bathroom
  • Washer/dryer included
  • Integrated full height fridge/freezer
  • Carpet and flooring provided

Other information

  • Minimum share available: 45%
  • Maximum share available: 75%
  • Staircasing allowed: Yes
  • Tenure: Leasehold
  • Lease term: 250 years

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Download Documents

Link to the floor plan Property brochure 1 Energy Certificate
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Calculate Monthly Cost

Share price
£ 81,000
Min. £81,000
Share percentage
Min. 45%
Your deposit
Min. £4,050
Monthly cost*
£736
Cost breakdown
£227
Rent
£118
Service charge
£391
Mortgage*
Calculated using a representative rate of 3.64%
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The Guinness Partnership

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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.