1 bed flat for sale

Priestley Road, Basingstoke RG24

Nestled in a sought-after location close to the hospital, this one-bedroom apartment offers a unique opportunity for buyers seeking a modern home with the convenience of shared ownership. Situated in a building with lift access, this property provides ease of living and accessibility.

This well-presented apartment boasts an impressive shared ownership arrangement of 80%, making it an attractive option for those looking to get their foot on the property ladder. Offering a secure and private living space, residents can enjoy the benefits of homeownership with a reduced financial burthen.

Upon entering the property, you are greeted by a bright and inviting living space that seamlessly connects to a modern kitchen area, providing a functional layout for every-day living. The bedroom offers a peaceful retreat, boasting ample natural light and a calming ambience, perfect for relaxation.

With the added convenience of allocated parking, residents can enjoy the ease and security of having their own designated parking space. The approximate ground rent of £12.50 per month and service charge of around £150 per month ensure that the property remains well-maintained, allowing residents to enjoy a hassle-free lifestyle.

Benefitting from a lease of 108 years, this property offers long-term security and peace of mind for homeowners. The added advantage of being chain-free further streamlines the buying process, making this an ideal choice for first-time buyers or investors looking to expand their portfolio.

In summary, this charming apartment presents a fantastic opportunity for buyers seeking a modern home in a convenient location. With its shared ownership arrangement, allocated parking, lift access, and proximity to the hospital, this property offers both comfort and practicality. Don't miss out on the chance to own this appealing property that combines affordability and convenience in a highly desirable setting. Contact us today to arrange a viewing and secure your place in this vibrant community.
EPC Rating: C

Location

Explorer - 80% ownership share. This top-floor, one-bedroom apartment is a fantastic opportunity, featuring lift access for convenience and a long lease. Ideally situated within walking distance of Basingstoke Hospital, the property is offered to the market chain free.

Property Description:

This modern property features a spacious entrance hall with ample storage, a double bedroom, and a bathroom. The large dual-aspect lounge benefits from a Juliet balcony and provides space for both a dining table and an open-plan kitchen, ideal for contemporary living.

Additional highlights include allocated parking, ample visitor spaces, and efficient gas central heating.

Shared Ownership Details:

Maximum Ownership: 80% (£116,000) with no rent payable.
Alternative Option: 50% share based on 80% of the full market value (£58,000), with a monthly rental payment of £234.90.
Full Market Value: £145,000.