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Shared ownership
Chain free
Leasehold

£116,000

1 bed flat for sale

Priestley Road, Basingstoke RG24
1 bed
1 bath
1 reception
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£116,000

1 bed flat for sale
Priestley Road, Basingstoke RG24

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Shared ownership
Chain free
Leasehold

About this property

  • Affordable Home

  • Shared ownership 80%

  • Allocated parking

  • Ground rent approx £12.50 p/m

  • Lease 108 years

  • Service charge approx £150 p/m

  • Close to hospital

  • Chain free

  • Lift access

Property Description:

Explorer - 80% ownership share. This top-floor, one-bedroom apartment is a fantastic opportunity, featuring lift access for convenience and a long lease. Ideally situated within walking distance of Basingstoke Hospital, the property is offered to the market chain free.

This modern property features a spacious entrance hall with ample storage, a double bedroom, and a bathroom. The large dual-aspect lounge benefits from a Juliet balcony and provides space for both a dining table and an open-plan kitchen, ideal for contemporary living.

Additional highlights include allocated parking, ample visitor spaces, and efficient gas central heating.

Shared Ownership Details:

Maximum Ownership: 80% (£116,000) with no rent payable.

Alternative Option: 50% share based on 80% of the full market value (£58,000), with a monthly rental payment of £234.90.

Full Market Value: £145,000.

EPC Rating: C

More information

  • Tenure

    Leasehold (108 years)

  • Service charge

    £150 per month

  • Council tax band

    B

  • Ground rent

    £150

  • Ground rent date of next review

  • Shared ownership percentage owned

    80%

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