2 bed flat for sale

Burke Place, Wellesley, Aldershot GU11

This superb modern home is available to buy from as little as £110,000 with a 40% share

Positioned on the third floor of a well-maintained three-storey building in Aldershot, this two-bedroom apartment combines modern convenience with a great location. The property offers a bright and welcoming open-plan living and kitchen area, designed to make the most of the space while creating a central hub for everyday life. Both bedrooms are well proportioned, complemented by a neatly finished bathroom, and the apartment also benefits from two allocated parking spaces, which is a real bonus in this part of town.

The setting is ideal, with a wide choice of local amenities close at hand. Aldershot town centre is only a short distance away, offering shops, supermarkets, cafés and restaurants, along with leisure and fitness facilities. For commuters and those who travel regularly, Aldershot station provides direct rail links into London Waterloo, Guildford and Farnham, while the nearby road network gives easy access to the A331 and M3, making journeys across the region straightforward. The combination of practical living space, good transport links and everyday conveniences makes this apartment a well-placed home in a thriving area.
Pricing & affordability


Full Market Value: £275,000

40% Share Price: £110,000 (rent £378.71pcm)
Minimum 5% Mortgage Deposit (40% share): £5,500
Approximate Service Charges: £100.91pcm*
Lease: 119 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.

** This home can also be purchased outright (100% of the value) which is £275,000 and a purchaser would not need to meet the eligibility criteria listed above.