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£85,500
This superb modern home is available to buy from as little as £85,500 with a 30% 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 £285,000 and a purchaser would not need to meet the eligibility criteria listed above.
This beautifully presented two-bedroom apartment is located on the second floor of a well-maintained development in the heart of Hook. The property offers a generous open-plan kitchen and reception room, perfect for modern living, entertaining friends, or simply relaxing after a busy day. Both bedrooms are well-proportioned, providing comfortable living space, and the bathroom is conveniently positioned off the hallway. Additional storage throughout the apartment adds to the practical appeal of this home.
The property also benefits from one allocated parking space, offering secure and convenient parking for residents.
Situated in a sought-after location, the apartment is close to Hook’s wide range of local amenities. Shops, cafes, and restaurants are just a short walk away, making day-to-day living convenient and enjoyable. For those who enjoy outdoor activities, nearby parks and green spaces provide the perfect spot to unwind or enjoy a weekend stroll.
Transport links are excellent, making this property ideal for commuters. Hook railway station is within easy reach, providing direct services to London Waterloo, while the M3 offers straightforward access to surrounding towns and the wider region. Whether commuting to the capital, exploring the Hampshire countryside, or heading further afield, this location offers both convenience and flexibility.
PRICING & AFFORDABILITY
Full Market Value: £285,000
30% Share Price: £85,500 (rent £565.40pcm)
Minimum 5% Mortgage Deposit (30% share): £4,275
Approximate Service Charges: £109.31pcm*
Lease: 118 years
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
