Shared Ownership
This superb modern home is available to buy from as little as £52,500 with a 25% share!
A well-presented second-floor apartment offering a bright and practical layout, ideal for modern living. The property features a spacious open-plan kitchen and reception area, creating a sociable hub with ample natural light and room for both dining and relaxation.
There are two comfortable bedrooms, providing flexible accommodation for professionals, couples, or small families, along with a neatly appointed bathroom. The layout is thoughtfully arranged to maximise space and flow throughout.
Situated in a convenient location, the apartment benefits from easy access to local amenities, transport links, and green spaces, making it an excellent choice for those seeking both comfort and connectivity.
The property is well positioned for convenient access to a range of local amenities, including supermarkets, independent shops, cafés, and everyday services, all within easy reach. The nearby town centre offers a broader selection of retail, dining, and leisure options, catering to a variety of lifestyles. For commuters, excellent transport connections are available via Marlborough bus services, providing links to surrounding towns and cities, while nearby road networks such as the A346 and M4 motorway offer straightforward access to larger hubs including Swindon and Newbury.
PRICING & AFFORDABILITY
Full Market Value: £215,000
25% Share Price: £52,500 (rent £396.78 pcm)
Minimum 5% Mortgage Deposit (% share): £2,625
Approximate Service Charges: £105.05 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 £210,000 and a purchaser would not need to meet the eligibility criteria listed above.
