No longer on the market
This property is no longer on the market
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Floorplan
Map
Area stats1 bedroom apartment
Chain-free
Sold STC
Apartment
1 bed
1 bath
721
EPC rating: C
Key information
Tenure: Leasehold | unconfirmed share | 132 yrs left
Service charge: £2,474.83 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Modern Shared Ownership home
- Spacious double bedroom
- Excellent transport links
- Fourth floor
- Lift
- Chain-free
SHARED OWNERSHIP
This modern apartment is available to buy from as little as £62,000 with a 40% share!
A fantastic modern apartment, situated within The Tower block of this popular development and close to local amenities. The well-presented accommodation comprises: entrance hall, an open plan living area/kitchen, family bathroom and a spacious double bedroom. The apartment benefits from ample storage space and excellent views across Basingstoke.
Skyline Plaza is a sought after residential development providing excellent transport links. There are a range of local amenities within close proximity including Festival Place shopping centre, Waitrose supermarket and Basingstoke Train Station.
PRICING & AFFORDABILITY
Approximate Size 60 sq m
Full Market Value: £155,000
40% Share Price: £62,000 (rent £213.13pcm)
50% Share Price: £77,500 (rent £177.60pcm)
75% Share Price: £116,250 (rent £88.80pcm)
Minimum 5% Mortgage Deposit (40% share): £3,100
Approximate Service Charges: £206.24pcm*
Shared Ownership Lease: 133 approx. years
Council Tax Band: B
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
Local Connection to Basingstoke and Deane Required. There is a local connection clause related to this property and this means that applications can only be received from someone with connection to the local area, via work, family or currently living in the borough in accommodation that does not fit their needs.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
This modern apartment is available to buy from as little as £62,000 with a 40% share!
A fantastic modern apartment, situated within The Tower block of this popular development and close to local amenities. The well-presented accommodation comprises: entrance hall, an open plan living area/kitchen, family bathroom and a spacious double bedroom. The apartment benefits from ample storage space and excellent views across Basingstoke.
Skyline Plaza is a sought after residential development providing excellent transport links. There are a range of local amenities within close proximity including Festival Place shopping centre, Waitrose supermarket and Basingstoke Train Station.
PRICING & AFFORDABILITY
Approximate Size 60 sq m
Full Market Value: £155,000
40% Share Price: £62,000 (rent £213.13pcm)
50% Share Price: £77,500 (rent £177.60pcm)
75% Share Price: £116,250 (rent £88.80pcm)
Minimum 5% Mortgage Deposit (40% share): £3,100
Approximate Service Charges: £206.24pcm*
Shared Ownership Lease: 133 approx. years
Council Tax Band: B
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
Local Connection to Basingstoke and Deane Required. There is a local connection clause related to this property and this means that applications can only be received from someone with connection to the local area, via work, family or currently living in the borough in accommodation that does not fit their needs.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
Property information from this agent
Area statistics
Crime score
High crime
10/10
Home prices (average)
1 bedroom apartments
£158,587
£158,587
About this agent
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.