£116,000
1 bed flat for salePriestley Road, Basingstoke RG24
1 bed
1 bath
1 reception
EPC Rating: C
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
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
Mortgage calculator
£580 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (107 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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