2 bedroom house for sale
Kingsclere Road, RG21 6AJ
Share percentage 60%, full price £320,000, £9,600 Min Deposit.
Share percentage 60%, full price £320,000, £9,600 Min Deposit.
Monthly Cost: £1,476
Rent £334,
Service charge £48,
Mortgage £1,094*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
2 double bedroom semi-detached house in Basingstoke, Hampshire.
Description
Offered for sale is this lovely 2 bedroom semi-detached house in Basingstoke, Hampshire.
It is available on the Shared Ownership scheme and a 60% share is available to purchase.
The property briefly comprises of:
Reception room
Kitchen
2 bedrooms
Bathroom
WC
Floor Area (internal) Approx. 68 sqm
Monthly rent on minimum share - £333.70 to 1.4.24
Monthly service charge - £47.77 to 1.4.24
Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.
Applicants with local connections may take priority.
Key Features
2 bedrooms
Private garden
1 allocated parking space
60% share
Lease start date - 125 years from 28 April 2017
Council Tax Band - C
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Property Downloads
Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 60%, full price £320,000, £9,600 Min Deposit. Calculated using a representative rate of 5.26%
