1 bedroom apartment for sale

Available

Hounsome Fields, RG23 7FT

£51,250 · Shared Ownership New Build

Share percentage 25%, full price £205,000, £2,563 Min Deposit.

Available
1 bedroom
1 Bathroom
Pets allowed
Parking
£51,250 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £205,000, £2,563 Min Deposit.

Monthly Cost: £729
Rent £352, Service charge £92, Mortgage £285*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
  • Eligibility conditions apply, please see more details here: https://yourvividhome.co.uk/what-is-shared-ownership
  • We are currently only accepting applicants who have a live/work/family connection to the Basingstoke & Deane Borough Council area


If you don't meet the local connection requirements above and you'd like to hear if this criteria changes, and find out about future developments, join our mailing list herehttps://yourvividhome.co.uk/join-mailing-list

Summary

Apply now for 1 & 2 bedroom apartments and 4 bed houses coming soon to Hounsome Fields, Basingstoke!

Description

This is a town where old meets new, culturally there is an eclectic mix of museums, art galleries and theatres and a varied choice of restaurants. In the heart of the old town you’ll find the market square which is steeped in history. The more modern part of the town offers a two-storey shopping centre, Festival Place. This plays host to a number of large high-street brands, restaurants and a 10-screen Vue cinema. There are a variety of well-known places to eat and grab a drink, such as Pizza Express, Ask Italian, Burger King, Café Nero, Costa, Cosy Club, Nando’s and Cote Brasserie. You can also find more historic pubs and street food so there is something for all tastes.

Key Features
  • Kitchen with oven, hob &extractor
  • Neutral decor throughout
  • Parking (These spaces may include EV Charging Points, please speak with your Sales Officer for more info)
Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Brochure Price List
Map
Basingstoke (3.58 miles) Overton (5.09 miles) Micheldever (6.02 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£51,250
Shared Ownership New Build
Estimated Monthly Cost:£729
Rent £352
Service Charge £92
Mortgage £285

Share percentage 25%, full price £205,000, £2,563 Min Deposit. Calculated using a representative rate of 5.03%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.