2 bed flat for sale

Wadham Gardens, Basingstoke, Hampshire RG24

A good example of a shared ownership two bedroom apartment with this representing a 40% share. This well presented property only shares the communal entrance with one other property and features a nice bright and airy double aspect 21' lounge/dining room, with a separate modern kitchen with built in oven, hob and cooker hood. There are two well proportioned double bedrooms and a bathroom whilst outside is plenty of parking.
Gas fired radiator central heating and double glazing.
Situated on this modern development to the North of Basingstoke town centre and offers good access to local schools, shops, travel facilities and Basingstoke Hospital.
Basingstoke offers an excellent range of shopping and recreational facilities including cinemas, theatres, an ice rink, museums etc together with the bars, shops and restaurants of Festival Place. The main line railway station has services to London (Waterloo from 45 minutes) and M3 motorway access at junctions 6 and 7.

Financial Breakdown
Full market value: £230,000
40% share value: £92,000
minimum 5% deposit: £4,600
Monthly rent on un-owned share (60%): £343.81
Monthly service Charge £130.54

*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

In order to qualify for the shared ownership scheme the household income must be less than £80,000 a year and you can’t own another property (unless Sold Subject to Contract).

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.