Coulter Road, Basingstoke, Hampshire, RG23

Located in the popular and modern area of Hounsome Fields this purpose built apartment is presented in impeccable decorative order throughout and is perfect for first time buyers or those downsizing. The development has been intelligently designed to offer a great feeling of space, and there are designated areas of greenery and parks within it. The property itself is only a few years old, so still benefits from the remainder of an NHBC, as well as a long lease. With a large double bedroom, modern bathroom, a great open plan living area and an allocated parking space - it really does offer everything you might need. Located on the outskirts of Basingstoke, there is easy access to the M3 for commuters and a wide range of local amenities close by too.

The property is also available for 49% shared ownership at a fixed price of £100,450.

The communal areas are exceptionally well maintained and the communal gardens and parks are exceptionally clean and tidy. There are great woodland walks within five minutes of the property and the M3 is only a few minutes drive away. With local supermarkets also close by, everything is convenient for you.

Lease remaining: 246 years as at March 2025
Services Charges: £1356.00 per annum - Reviewed: TBC
Council Tax Band: B

Lease details, service charges, ground rent, maintenance charges (where applicable), and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

What is part buy, part rent?
Think of the scheme as a helping hand to get onto the property ladder. You buy a share in the property, and rent the rest from the housing association.

This means that you have a mortgage (or buy with cash) for the share that you own, and you pay rent on the value of the property you don't.

Most properties allow you to staircase (buy more of a share) in the property in the future quite easily - so you could own your property outright, depending on your financial circumstances, in the future!

Very few products survive 30 years virtually unchanged and remain so hugely popular and trusted, as Shared Ownership has done.

Did you know...part buy, part rent isn't just for first time buyers! Everyone is welcome to apply, as long as you don't own another property and earn less than £80,000*

*please note limits may vary depending on the size of the property. If you own another property, you are welcome to apply, as long as your home is under offer.

How much will you have to buy?

You have to buy (get a mortgage for) at least the advertised share in the property. The exact amount you buy will be based on your monthly income, outgoings and deposit. This is decided by the panel financial advisor. He uses a special income test to make sure you can afford to purchase and live comfortably. The shares you do not purchase you rent from Vivid. The fee / rent for these shares are paid monthly to Vivid.

There are eligibility conditions for our homes. Shared Ownership is a government product that is there to help people purchase a home of their own. It is only there for those people who cant afford to do it on their own through the traditional mortgage route.

• NB: The name Shared Ownership is misleading .. the home is yours .. we are a silent partner.
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