1 bed Flat For Sale £66,000
Shared ownership
This modern apartment is available to buy from as little as £66,000 with a 40% share!
A fantastic modern apartment, situated in a popular modern development and close to local amenities. The well-presented accommodation comprises: Entrance hall, an open plan lounge/kitchen/dining room, family bathroom, dressing room and one large double bedroom. The apartment benefits from ample storage space and excellent views across Basingstoke.
Marnel Park is located to the north of Basingstoke's Town Centre, there is also a wide range of shopping and recreational facilities as well as transport links nearby. The bus station and mainline railway station which is well served with regular commuter services to London Waterloo in approximately 47 minutes. The M3 motorway runs just south of Basingstoke with access to London and The South. Closer by there is a large supermarket, convenience store and good bus links around the town as well as the local primary and secondary schools.
Pricing & affordability
Approximate Size 52 sq. M
Full Market Value: £165,000
40% Share Price: £66,000 (rent £226.87 pcm)
50% Share Price: £82,500 (rent £189.06pcm)
75% Share Price: £123,750 (rent £94.53pcm)
Minimum 5% Mortgage Deposit (40% share): £3,300
Approximate Service Charges: £139.88 pcm*
Lease: Approximately 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.
At Skyline Plaza you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). 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:
• Your 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.
Local Connection to Basingstoke and Deane Required. Must live, work or have an immediate blood relative in the area
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
** These photos are for information purposes only have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images. Furniture is not included in the purchase price and the property is ‘sold as seen’.
*Service charges are estimated and may subject to change.
This modern apartment is available to buy from as little as £66,000 with a 40% share!
A fantastic modern apartment, situated in a popular modern development and close to local amenities. The well-presented accommodation comprises: Entrance hall, an open plan lounge/kitchen/dining room, family bathroom, dressing room and one large double bedroom. The apartment benefits from ample storage space and excellent views across Basingstoke.
Marnel Park is located to the north of Basingstoke's Town Centre, there is also a wide range of shopping and recreational facilities as well as transport links nearby. The bus station and mainline railway station which is well served with regular commuter services to London Waterloo in approximately 47 minutes. The M3 motorway runs just south of Basingstoke with access to London and The South. Closer by there is a large supermarket, convenience store and good bus links around the town as well as the local primary and secondary schools.
Pricing & affordability
Approximate Size 52 sq. M
Full Market Value: £165,000
40% Share Price: £66,000 (rent £226.87 pcm)
50% Share Price: £82,500 (rent £189.06pcm)
75% Share Price: £123,750 (rent £94.53pcm)
Minimum 5% Mortgage Deposit (40% share): £3,300
Approximate Service Charges: £139.88 pcm*
Lease: Approximately 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.
At Skyline Plaza you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). 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:
• Your 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.
Local Connection to Basingstoke and Deane Required. Must live, work or have an immediate blood relative in the area
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
** These photos are for information purposes only have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images. Furniture is not included in the purchase price and the property is ‘sold as seen’.
*Service charges are estimated and may subject to change.
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