2 bedroom apartment for sale

Available from a 5% Deposit of just £5,650* | Nearby Alton High Street and Train Station | 779sqft | Allocated Parking | New Integrated Appliances | Juliet balcony | Energy Efficient | Available from £1,325 per month* | Price represents 40% share of the full market value.

Highlight Housing, The Affordable Homes Agency, working with Legal & General's Affordable Housing Division (L&G), is pleased to present this Shared Ownership 2 bedroom apartment at Rivermead Gardens, Alton. The price shown represents purchasing a 40% share.

Plot 117 is a new 2 bedroom Shared Ownership apartment located on the second floor in Block G at Rivermead Gardens in the desirable market town of Alton.

Spread across 779 sqft, the apartment includes an open-plan kitchen/living area with integrated appliances, a freestanding washer/dryer, Juliet balcony and comes with allocated parking and cycle storage.

Located a short walk from Alton high street, the apartments at Rivermead Gardens are conveniently located with access to a wide range of shops, supermarkets, cafes, restaurants and green spaces. Alton train station is within walking distance , providing direct access to London Waterloo in just over an hour, perfect for commuters.

All apartments are available to purchase with Shared Ownership from a 25% share. The price shown reflects purchasing a 40% share of the property’s full market value.

Financial Breakdown Based on a 25% Share:

• Full Market Value: £282,500
• 40% Share Value: £113,000
• 5% Deposit of Share Value: £5,650
• Rent on Unowned Share (60%): £388 per month
• Service Charge: £318.11 per month
• Estimated monthly cost: £1,325
• Council Tax: TBC*

These figures are a guideline and may vary according to individual incomes and circumstances. Please speak to one of our sales consultants for a detailed breakdown.

About Rivermead Gardens, Alton

A delightful and thriving community, Alton is a market town in East Hampshire and offers a mix of historic buildings and modern shops. The River Wey runs through Rivermead Gardens and there are walking paths around Kings Pond nearby for you to enjoy.

The homes at Rivermead Gardens are in a great location for any travel, with the rail station and the A31 and M3 nearby which give easy access to nearby towns, attractions and London. From Alton Train Station, you can be in Farnham in 12 minutes, Woking in 36 minutes, Guildford in 43 minutes or London Waterloo in just over an hour.

What is Shared Ownership?

Shared Ownership offers you the chance to buy a share of your home (usually between 25% and 75%) and pay rent on the remaining share. Later on, you could buy more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Eligibility Criteria

Priority will be given to applicants with a live/work or family connection to the Parish of Alton or East Hampshire District. To be eligible for a home here you’ll need to:

• Have a combined household income under £90,000 per annum
• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Have a minimum of £5,000 to cover the costs of buying a home

If you don’t meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience in affordable housing, including shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that cuts through confusion and helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Council Tax & CGI Disclaimer

Council tax bands are often not released until the property is complete.

Interior images are digitally dressed representations of this apartment and are indicative only.