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£68,750
A 2 bed shared ownership property available in Farnborough, Hampshire
Bright, modern and cosy two-bedroom apartment now available in Farnborough, through Shared Ownership.
The property features an entrance hall, an open-plan living room and kitchen, two bedrooms and two bathrooms.
The flat offers residents a balcony and two allocated off-street parking spaces. Residents also have access to shared garden areas.
Available for £68,750 for 25% share based on the marketing figure of £275,000.
Monthly rent - £680.10
Monthly Service Charge - £159.29
Total Monthly Charge - £839.39 plus mortgage required for 25% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
LocationThe apartment is located 1 mile south of Farnborough town center and benefits from the main road links of the A331 and M3. Local facilities include a gym, supermarkets, shops, restaurants, and pubs. There are 11 schools within 1.5 miles which is perfect for couples with small children. The nearest train stations are North Camp (1.2 miles), Farnborough (1.4 miles) and Ash Vale (1.6 miles).
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 117
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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