This well-presented modern home is available to buy from as little as £86,000 with a 40% share.
Located in a popular part of Fleet, this well-presented one-bedroom ground floor apartment offers comfortable, low-maintenance living close to excellent local amenities. The property features a spacious open-plan layout, combining the kitchen, dining, and living area to create a bright, sociable space perfect for relaxing or entertaining. Further benefits of this apartment include allocated parking and an extended lease as part of the sale.
The double bedroom is well-proportioned, and there is a private outside terrace area, ideal for enjoying a morning coffee or alfresco dining. The property also benefits from allocated parking.
Residents of Lark Rise House will enjoy the convenience of nearby shops, cafes, and supermarkets, as well as good transport links, including Fleet train station for easy commuting. The area offers access to beautiful local parks and green spaces, providing a perfect balance of town and outdoor lifestyle.
A great opportunity for buyers looking for a well-located and easy-to-manage home.
PRICING & AFFORDABILITY
Full Market Value: £215,000
40% Share Price: £86,000 (rent £384.11pcm)
Minimum 5% Mortgage Deposit (40% share): £4,300
Approximate Service Charges: £109.08pcm*
Lease: 107 Years (extended on completion)
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 £215,000 and a purchaser would not need to meet the eligibility criteria listed above.
