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£164,000
This gorgeous modern home is available to buy from as little as £164,000 with a 40% 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.
An attractive and modern mid terrace home offering well designed accommodation in a fantastic residential location. The ground floor features a bright and welcoming living room, a modern kitchen/dining room with a door out to the garden, and a convenient cloakroom. Upstairs, the property offers two double bedrooms along with a contemporary family bathroom. Externally is allocated parking to the front and an enclosed garden at the rear.
Situated in the popular Hampshire village of Hook, the home enjoys a highly regarded residential setting combining village charm with excellent everyday convenience. Hook offers a wide range of local amenities including supermarkets, independent shops, cafés, restaurants, and public houses, all within easy reach. The village also benefits from well-regarded schools, leisure facilities, and access to nearby countryside, making it an appealing location for a variety of buyers seeking both comfort and community.
Hook is particularly well known for its excellent transport connections. Hook railway station provides fast and frequent services to London Waterloo, making it ideal for commuters. Road links are equally impressive, with easy access to the M3 motorway, connecting to Basingstoke, Reading, Winchester, Southampton and London. Regular bus services also operate locally and to surrounding towns and villages, ensuring convenient travel throughout the area.
PRICING & AFFORDABILITY
Full Market Value: £410,000
40% Share Price: £164,000 (rent £520.97pcm)
Minimum 5% Mortgage Deposit (40% share): £8,200
Approximate Service Charges: £44.56pcm*
Lease: 122 years remaining
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership