2 bedroom apartment for sale

Shared Ownership

This superb modern home is available to buy from as little as £86,000 with a 40% share! (NB. There is a staircasing restriction at 80% for this property.)

This well-presented second floor apartment is located in the popular residential area of Hills Way in Bramley, offering comfortable and practical living in a convenient setting. Accessed via a communal entrance, the property benefits from a bright and airy feel throughout, with a layout that makes excellent use of the available space.
The apartment features a generous open-plan living area incorporating the kitchen, creating a sociable and versatile space ideal for both everyday living and entertaining. Large windows allow plenty of natural light to flow through, enhancing the sense of openness and providing an attractive outlook. The kitchen is neatly arranged with ample worktop and storage space, well suited to modern living.
There are two well-proportioned bedrooms, both offering flexibility for a variety of needs, whether as sleeping accommodation, a home office, or guest space. The bathroom is fitted with a modern suite and finished in a neutral style, providing a clean and functional space. Outside, there is an allocated parking space.

Bramley in Hampshire is a popular and well-serviced village location combining rural charm with excellent connectivity. The village itself offers a range of local amenities including independent shops, a traditional bakery, a village pub, a church and community facilities, providing a strong local identity and a convenient day-to-day lifestyle for residents. Bramley also has its own primary school and is close to larger centres such as Basingstoke and Reading for a broader selection of retail, leisure and service options.

Transport links from Bramley are particularly strong and help make the area attractive for commuters. Bramley (Hampshire) railway station is within easy walking distance and provides regular services on the Reading to Basingstoke line, with onward connections to London and other destinations. There are also local bus services linking the village with surrounding towns and villages, enhancing accessibility without reliance on a car. Major road networks including the M3 and A33 are readily accessible by car, further supporting commuting and travel throughout the region.

PRICING & AFFORDABILITY

Full Market Value: £215,000

40% Share Price: £86,000 (rent £212.77 pcm)
Minimum 5% Mortgage Deposit (40% share): £4,300
Approximate Service Charges: £85.59 pcm*
Lease: 82 years

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.

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. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.