1 bed Flat For Sale £31,500
Summary
Opportunity to purchase a 30% share in this 135 year lease shared ownership studio flat inside the contemporary Skyline Plaza, located in the very centre of Basingstoke. The second floor flat comprises an open plan living/kitchen/bedroom area with a shower room. Chance to purchase up to a 75% share!
Description
This studio flat is perfectly situated to enjoy life in Basingstoke by being within a few minutes walking distance of many of Basingstoke's main attractions, including The Malls and Festival Place shopping centre, with a varied range of shops, restaurants, bars, pubs, cafes and entertainment. With Waitrose, Sainsburys, Tesco and many other convenience stores inside Festival Place, shopping for amenities is easily done. The War Memorial park and Eastrop Park are located nearby as well as Basingstoke's mainline train station and bus station, allowing easy access to public transport all over Basingstoke and the surrounding areas. For those who drive, there is quick access to the A339 to Reading and M3, with this in addition to the public transport links, this flat is ideal for commuters. Call now to arrange a viewing!
Location
This studio flat is perfectly situated to enjoy life in Basingstoke by only being a few minutes walking distance of many of Basingstoke's main attractions, including The Malls and Festival Place shopping centre, with a varied range of shops, restaurants, bars, pubs, cafes and entertainment. With Waitrose, Sainsburys, Tesco and many other convenience stores inside Festival Place, shopping for amenities is easily done. The War Memorial park and Eastrop Park are located nearby as well as Basingstoke's mainline train station and bus station, allowing easy access to public transport all over Basingstoke and the surrounding areas. For those who drive, there is quick access to the A339 to Reading and M3, with this in addition to the public transport links, this flat is ideal for commuters.
Entrance Hall
Communal entrance with lift to second floor
Open Plan Bedroom/ Kitchen
Lounge Area: Double glazed window to rear aspect, telephone and television points doors to shower room and cupboard housed meters, wall mounted entry system, wall mounted electric heater
Kitchen Area: Fitted kitchen with over head cupboards, stainless steel sink, part tiled, built in oven and gas hob with cooker hood over the top, work surfaces, further appliance space, wood laminate flooring
Shower Room
Double shower cubicle, pedestal wash hand basin, WC, extractor fan, shaver point, part tiled, wall mounted electric heater
Agents Note
Pricing & affordability
Full Market Value: £105,000
40% Share Price: £42,000 (rent £144.38 pcm)
Minimum 5% Mortgage Deposit (40% share): £2,100
Approximate Service Charges: £184.66 pcm
Lease Length: 135 years
eligibility:
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.
This means you can buy a minimum 40% share of your home and when you're ready, you can buy more shares until you staircase to owning 100% of your home!
To be eligible for this shared ownership home you would need to meet the following criteria:
O Your household income does not exceed £80,000
o You have a deposit of at least 5% of the share value
o You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
O This will be your only residence.
O You are a permanent UK resident or have indefinite right to remain.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Opportunity to purchase a 30% share in this 135 year lease shared ownership studio flat inside the contemporary Skyline Plaza, located in the very centre of Basingstoke. The second floor flat comprises an open plan living/kitchen/bedroom area with a shower room. Chance to purchase up to a 75% share!
Description
This studio flat is perfectly situated to enjoy life in Basingstoke by being within a few minutes walking distance of many of Basingstoke's main attractions, including The Malls and Festival Place shopping centre, with a varied range of shops, restaurants, bars, pubs, cafes and entertainment. With Waitrose, Sainsburys, Tesco and many other convenience stores inside Festival Place, shopping for amenities is easily done. The War Memorial park and Eastrop Park are located nearby as well as Basingstoke's mainline train station and bus station, allowing easy access to public transport all over Basingstoke and the surrounding areas. For those who drive, there is quick access to the A339 to Reading and M3, with this in addition to the public transport links, this flat is ideal for commuters. Call now to arrange a viewing!
Location
This studio flat is perfectly situated to enjoy life in Basingstoke by only being a few minutes walking distance of many of Basingstoke's main attractions, including The Malls and Festival Place shopping centre, with a varied range of shops, restaurants, bars, pubs, cafes and entertainment. With Waitrose, Sainsburys, Tesco and many other convenience stores inside Festival Place, shopping for amenities is easily done. The War Memorial park and Eastrop Park are located nearby as well as Basingstoke's mainline train station and bus station, allowing easy access to public transport all over Basingstoke and the surrounding areas. For those who drive, there is quick access to the A339 to Reading and M3, with this in addition to the public transport links, this flat is ideal for commuters.
Entrance Hall
Communal entrance with lift to second floor
Open Plan Bedroom/ Kitchen
Lounge Area: Double glazed window to rear aspect, telephone and television points doors to shower room and cupboard housed meters, wall mounted entry system, wall mounted electric heater
Kitchen Area: Fitted kitchen with over head cupboards, stainless steel sink, part tiled, built in oven and gas hob with cooker hood over the top, work surfaces, further appliance space, wood laminate flooring
Shower Room
Double shower cubicle, pedestal wash hand basin, WC, extractor fan, shaver point, part tiled, wall mounted electric heater
Agents Note
Pricing & affordability
Full Market Value: £105,000
40% Share Price: £42,000 (rent £144.38 pcm)
Minimum 5% Mortgage Deposit (40% share): £2,100
Approximate Service Charges: £184.66 pcm
Lease Length: 135 years
eligibility:
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.
This means you can buy a minimum 40% share of your home and when you're ready, you can buy more shares until you staircase to owning 100% of your home!
To be eligible for this shared ownership home you would need to meet the following criteria:
O Your household income does not exceed £80,000
o You have a deposit of at least 5% of the share value
o You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
O This will be your only residence.
O You are a permanent UK resident or have indefinite right to remain.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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