Shared Ownership
This superb modern home is available to buy from as little as £60,000 with a 40% share!
Situated on the third floor in the desirable setting of Skippetts Gardens, Basingstoke is this spacious apartment. The entrance opens into a welcoming hallway that naturally guides you into the main living space, where a bright and airy atmosphere is created through an abundance of natural light and a well-proportioned arrangement.
The living area is configured to provide a versatile space for both relaxing and entertaining, flowing seamlessly into a contemporary kitchen area that serves as the heart of the home. This open, sociable layout enhances the sense of space while maintaining clearly defined zones for day-to-day living, making it equally suited to quiet evenings or hosting guests.
There is a large double bedroom and a bathroom.
Further benefits include allocated parking, providing added convenience for residents. Combining an elevated third-floor position with a well-considered internal layout and a popular location, this apartment represents an excellent opportunity for modern, low-maintenance living.
Skippetts Gardens, Basingstoke is ideally positioned to take advantage of a wide range of local amenities, making day-to-day living both convenient and enjoyable. Nearby retail and leisure options include the popular Festival Place, offering an extensive selection of shops, restaurants, and entertainment facilities. For everyday essentials, there are well-regarded supermarkets and local stores within easy reach, while nearby green spaces provide opportunities for outdoor relaxation and recreation.
The property is also particularly well placed for commuters, with excellent transport links close at hand. Basingstoke railway station offers direct services to London Waterloo in under an hour, making it a practical choice for those travelling into the capital. Road connections are equally strong, with swift access to the M3 motorway providing convenient routes to Southampton, Winchester, and beyond. This combination of accessible amenities and strong connectivity enhances the overall appeal of the location.
PRICING & AFFORDABILITY
Full Market Value: £150,000
40% Share Price: £60,000 (rent £275.75pcm)
Minimum 5% Mortgage Deposit (% share): £3,000
Approximate Service Charges: £198.54 pcm*
Lease: 120 years
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 £150,000 and a purchaser would not need to meet the eligibility criteria listed above.
Council Tax Band B
