Affordable modern flat near Alton station and high street.
First-floor one-bedroom Shared Ownership apartment
A modern one-bedroom Shared Ownership apartment on the first floor of Rivermead Gardens, ideal for first-time buyers seeking an affordable step onto the ladder. The open-plan living space benefits from plenty of natural light, a contemporary fitted kitchen with integrated appliances and a freestanding washer/dryer, plus allocated off-street parking and cycle storage.
The location is a key strength: Alton high street, shops and green spaces are a short walk away and Alton train station provides direct services to London Waterloo in around 68 minutes — convenient for occasional commuters. The development is new (built 2019) and the flat comes with a very long lease of 990 years.
Buyers should note this is a leasehold Shared Ownership property. The marketed price reflects a 40% share with ongoing rent on the unsold share; estimated monthly costs include a substantial service charge. Heating is electric (room heaters) rather than gas central heating, which may affect running costs. The local area records higher crime levels than average, which some buyers will want to consider.
Overall this apartment suits a first-time buyer wanting a modern, low-maintenance home close to rail and town amenities, who is comfortable with Shared Ownership rules, service charges and electric heating rather than owning outright.
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