keaze logo

Park Heights, Basingstoke

Shared ownership

Wella Road, Basingstoke, RG22 4AE

For salenew home
Shared ownership
Photo of Park Heights, Basingstoke
Live from space album cover
  • from

    £65,250

    1 bedroom

  • from

    £83,250

    2 bedroom

from

£65,250

with min. deposit

£3,263

Guinness

£65,250

1 bedroom flat

£83,250

2 bedroom flat

Availability

For sale

For sale

Minimum share

45%

45%

Full market price

£145,000

£185,000

Deposit from

£3,263

£4,163

Monthly rent

£182

£233

Monthly service charge

£118.18

£118.18

Annual ground rent

£0

£0

Reservation fee

£99

£99

Administration fee

£0

£0

Bedrooms

1

2

Bathrooms

1

1

Reception rooms

1

1

Furniture status

unfurnished

unfurnished

Floor area

36

56

Number of floors

1

1

Entrance floor

Ground floor

Ground floor

Tenure

leasehold

leasehold

Lease years

250

250

Property features

Communal GardenDouble GlazingOff street parking
Communal GardenDouble GlazingOff street parking
EER Current4852
EIR Current8483

Overview

Discover new heights

The old market town of Basingstoke has grown rapidly over the last 50 years becoming home to some of the UK’s biggest brands and businesses, as well as being a key commuter town in the south-east. Featuring plenty of opportunities for shopping, entertainment and dining out at The Malls and Festival Place, Basingstoke also benefits from fast travel connections across Hampshire and beyond by both rail and road.

Key features

  • Choice of 1, 2 & 3 bedroom apartments
  • Own an initial share from 45% to 75%
  • Ideal family location
  • Retail shopping nearby
  • 6-minute drive to town centre
  • Great transport links
  • 1 car parking space with each apartment

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

from

£65,250

with min. deposit

£3,263

Similar properties

Centenary Quay
Shared ownership

Centenary Quay

new home

John Thornycroft Road, Southampton

1 - 2

1

Minimum deposit

£1,813

25% Share from

£36,250

Full price

£145,000

Berens Court
Shared ownership

Berens Court

new home

150 Main Road, Sidcup

1

1

Minimum deposit

TBD

70% Share from

£101,500

Full price

£145,000

Berens Court
Shared ownership

Berens Court

new home

150 Main Road, Sidcup

1

1

Minimum deposit

£5,075

70% Share from

£101,500

Full price

£145,000