£165,000
This superb modern home is available to buy from as little as £165,000 with a 50% share!
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 £330,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared Ownership
This superb modern home is available to buy from as little as £165,000 with a 50% share!
A charming and beautifully presented two-bedroom end of terrace home situated in a peaceful cul-de-sac within the popular Baden Gardens development in Basingstoke. This modern property offers a welcoming layout in a well-maintained home in a convenient location.
The ground floor features a bright kitchen positioned at the front of the house, complemented by a spacious reception room at the rear with French doors opening onto the garden, creating a wonderful flow of natural light. A handy cloakroom completes the downstairs accommodation. Upstairs, there are two well-proportioned bedrooms, including a main bedroom with its own en-suite shower room. A modern family bathroom serves the second bedroom, providing comfort and practicality for everyday living. Outside, the property benefits from a private, corner plot rear garden and allocated parking to the front.
Baden Gardens enjoys an excellent position on the western side of Basingstoke, offering a blend of calm residential living and everyday convenience. The area is well served by local shops, supermarkets, cafés, and leisure facilities, while several well-regarded schools are close by. For commuters, Basingstoke railway station provides fast and frequent services to London and other major destinations, and the nearby A30 and M3 offer easy access by road. Green spaces, parks, and countryside walks are also within easy reach, giving the location a balanced appeal for both relaxation and practicality.
PRICING & AFFORDABILITY
Full Market Value: £330,000
50% Share Price: £165,000 (rent £429.84 pcm)
Minimum 5% Mortgage Deposit (% share): £8,250
Approximate Service Charges: £33.53 pcm*
Lease: 108 years
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