1 bedroom apartment for sale
Lower Turk Street, GU34 1FZ
Share percentage 40%, full price £207,500, £4,150 Min Deposit.
Share percentage 40%, full price £207,500, £4,150 Min Deposit.
Monthly Cost: £941
Rent £286,
Service charge £193,
Mortgage £462*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Priority will be given to applicants with a live/work or family connection to the Parish of Alton or East Hampshire District. To be eligible for a home at Rivermead Gardens, you'll need to:
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
Summary
New 1 bedroom apartment in Alton with integrated appliances, allocated parking and excellent nearby amenities.
Description
About This Apartment
Plot 177 is a new 1 bedroom Shared Ownership apartment located on the first floor at Rivermead Gardens in Alton.
Spread across 567 sqft, the apartment includes an open-plan kitchen/living area with integrated appliances and a freestanding washer/dryer, with allocated parking and cycle storage.
Located a short walk from Alton high street, the apartments at Rivermead Gardens provide easy access to a wide range of shops, supermarkets and green spaces. Alton train station is just 0.4 miles away, providing direct access to London Waterloo in just over an hour.
All apartments are available to purchase with Shared Ownership from a 40% share. The price shown reflects purchasing a 40% share of the property's full market value.
About Rivermead Gardens, Alton
A delightful and thriving community, Alton is a market town in East Hampshire and offers a mix of historic buildings and modern shops. The River Wey runs through Rivermead Gardens and there are walking paths around Kings Pond nearby for you to enjoy.
The homes at Rivermead Gardens are in a great location for any travel, with the rail station and the A31 and M3 nearby which give easy access to nearby towns, attractions and London. From Alton Train Station, you can be in Farnham in 12 minutes, Woking in 36 minutes, Guildford in 43 minutes or London Waterloo in just over an hour.
*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with one of our sales consultants. Exterior image shown is computer generated and indicative only. Interior images are taken from another Legal & General Affordable Homes property and are indicative only.
Key Features
- First floor Shared Ownership apartment
- Integrated kitchen appliances and freestanding washer/dryer
- Allocated parking and cycle storage
- Located a short walk from Alton high street
- 0.4 miles from Alton Station providing access to Waterloo Station
- Wide range of shops, supermarkets and green spaces nearby
- Available from a 5% deposit
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure Price List Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 40%, full price £207,500, £4,150 Min Deposit. Calculated using a representative rate of 5.03%
