Bridges Estate Agents bring to the market this one double bedroom first floor apartment located in Everest Park. There are only five apartments in the block keeping it quiet and more secure. The accommodation features a spacious living room with kitchen area and a balcony with views over nearby parks and the surrounding neighbourhood. There is a double bedroom, family bathroom and two storage cupboards in the hallway. The property benefits from gas central heating, double glazing throughout and a lease of approximately 114 years.
Shared ownership is a government backed scheme that can be a stepping stone to completely owning your own home. If you’re finding it difficult to save for a deposit this is a great option as the amount you’ll need is based on the share you’re buying. At this property a 5% deposit is within reach – just £5,813 for a 75% share!
Charges from 1st April 2022:
RENT – £79.18pm
SERVICE CHARGE – £142.42pm
*This represents a 75% share of the full open market value of £155,000
**This includes: management charge, service charge, building insurance and sinking fund. Rent and service charges are reviewed annually on 1st April.
– General Information –
Lease: 125 years from 1 January 2011
Years remaining on lease: 114 approx.
Approximate internal area: 45 sq. m.
Local authority: Basingstoke & Deane Borough Council
Council tax band: B
EPC rating: B (81)
– Terms, conditions and requirements –
Minimum household income requirement: £28,665 PA^
Deposit: If you will be obtaining a mortgage you will need at least £5,813 in savings (i.e. a 5% deposit).
^If your deposit is more than 5%, the minimum income requirements may be less. Please contact us for further details.
Application process: A financial assessment must be completed before any physical viewing can take place. This forms part of Home Group’s buyer approval process. These assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.
We will not carry out any credit checks or contact any reference agencies without your written consent.
Help to Buy Agent: In order to apply you must be registered with Help to Buy South You will need to provide your HTB reference when completing the application process.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
Pets: Pets are not permitted in buildings with communal areas.
Local connection: Applicants must have a local connection to BASINGSTOKE.
– Viewings –
Viewings are held strictly by appointment – call today for more information.
Only those who have physically viewed the property are able to apply. If you have viewed and would like to apply please register your interest with the Resales Team.