Share percentage 40%, full price £220,000, £4,400 Min Deposit
Monthly Cost: £950
Rent £388,
Service charge £84,
Mortgage £478*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
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.
Summary
VIVID is pleased to offer this re-sale 2 bedroom Shared Ownership flat for sale. Available from a 40% share situated in Basingstoke, Hampshire.
Description
This spacious and well-presented two-bedroom apartment is ideally situated in Basingstoke, Hampshire, offering a comfortable and convenient lifestyle.
Located as the sole flat on the third floor, this penthouse-style property provides privacy and elevated views, with no neighbours above or beside.
Inside, the apartment features two generously sized double bedrooms, with the master benefiting from a built-in wardrobe. A separate storage cupboard adds practicality, while the double-glazed windows throughout ensure warmth and energy efficiency.
The kitchen is equipped with an oven, gas hob, and extractor fan, with space available for a washing machine. The open-plan lounge/diner creates a welcoming and versatile living area.
Outside, residents enjoy one allocated parking space directly in front of the building, along with ample visitor parking.
The property is well-connected, with local amenities conveniently nearby and excellent public transport links, including easy access to Festival Place by car or bus, as well as straightforward commuting via the Ring Road and M3 motorway.
Key Features
2 double bedrooms
Built in wardrobe to master
1 x allocated parking space
Good transport links
Close to local amenities
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms: 4
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: No
Year property was built: 2021
Unit size: 67 square meters
Communal lift: No
Accessible measures: Enquire with provider
Heating: Double Glazing, Gas
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 40%, full price £220,000, £4,400 Min Deposit. Calculated using a representative rate of 4.78%
