Affordable 40% share apartment with bright living space and parking, ideal for first-time buyers..
40% shared ownership share of £230,000 full market value
Bright double-aspect 21' lounge/dining room
Two double bedrooms, modern separate kitchen
113 years remaining on the lease
Average annual service charge £1,566; monthly £130.54
Monthly rent on unsold 60%: £343.81
Off-street parking; gas central heating and double glazing
Shared ownership restrictions and additional legal fees apply
A well-presented two-bedroom shared ownership apartment offering an affordable route onto the property ladder in North Basingstoke. The bright, double-aspect 21' lounge/diner and separate contemporary kitchen create a comfortable living space for first-time buyers or young professionals.
The property is a 40% share of a £230,000 full market value, with a 113-year lease remaining. Monthly outgoings include a subsidised rent on the unsold 60% (£343.81), and an average service charge of £1,566 per year (£130.54 monthly). Expect additional legal costs specific to shared ownership purchases.
Practical features include gas central heating, double glazing and off-street parking on a modern development close to schools, shops, bus links and Basingstoke town centre. There is good access to the M3 and mainline rail services to London.
Important considerations: this is leasehold shared ownership—there are eligibility criteria (income cap, no other property ownership) and limits on immediate sale flexibility. The apartment is well maintained but sized for small households; buyers should factor in service charges and rent when assessing affordability.