Shared Ownership
This superb modern home is available to buy from as little as £51,250 with a 25% share!
Tucked away in the desirable Willowbourne area of Fleet, this well-presented ground floor home offers a superb blend of comfort and practicality, ideal for first-time buyers, downsizers, or investors alike. The property features a bright and spacious open-plan kitchen and reception area, designed for modern living and entertaining, with direct access to a private balcony that provides a outdoor retreat.
The accommodation also includes a generously proportioned bedroom with a calm and inviting atmosphere, alongside a neatly appointed bathroom. Thoughtfully arranged throughout, the layout maximizes both space and natural light, creating a welcoming and functional living environment.
There is an allocated parking space and the lease will be extended on completion.
Further benefits include convenient ground floor access and a location that combines a peaceful residential setting with easy reach of local amenities, transport links, and green spaces.
The property is well positioned to take advantage of Fleet’s excellent range of local amenities, including a variety of shops, supermarkets, cafés, and restaurants, as well as leisure facilities and healthcare services. For commuters, the area is particularly convenient, with Fleet mainline station offering regular services to London Waterloo, while nearby road links such as the M3 provide easy access to surrounding towns and cities. The area is also well served by local bus routes, and benefits from attractive nearby green spaces and walking routes, enhancing its overall appeal for both convenience and lifestyle.
PRICING & AFFORDABILITY
Full Market Value: £205,000
25% Share Price: £51,250 (rent £480pcm)
Minimum 5% Mortgage Deposit (% share): £2562.50
Approximate Service Charges: £92.06 pcm*
Lease: TBC
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 £205,000 and a purchaser would not need to meet the eligibility criteria listed above.
