2 bed flat for sale

Bloxham Close, Basingstoke RG24

Yopa are delighted to offer for sale this stunning 2 double bedroom 3rd floor modern apartment that was built in 2021 with 6 years remaining on the NHBC warranty and offered for sale with no onward chain and available on a shared ownership with a minimum of 40% share up to the full 100% ownership without the need for a shared ownership.

Located on the popular Sherborne Fields development within walking distance to good local shops and schools and other good local amenities and would make an ideal first time purchase for a buyer looking to get on or stay on the property ladder.

With secure front and rear entrances and stairs to the 3rd floor where this apartment is the only property on the3rd floor, so no other neighbours and no one above your apartment.

There is a large entrance hallway with a large storage cupboard. Bedroom 1 is an impressive 18ft in length with a dedicated dressing area with double fitted wardrobe and multiple windows. Bedroom 2 is also a great sized double bedroom.

There is a good sized 3 piece fitted bathroom suite for both bedrooms.

The main room in the apartment is the large and spacious 21st open plan lounge dining room and kitchen. This is a great sized room with a Juliet style balcony from the lounge area and a dedicated space for the dining area. The kitchen has a built in gas hob, built in oven, space for washing machine and fridge freezer.

This property has very high ceilings throughout and is a very good sized apartment with spacious rooms.

To the rear is the allocated parking space with additional visitor parking spaces with additional spaces to the front of the building.

Shared ownership information:

Full price at 100% is £220,000
Share Purchase Price and
Rent Examples
The share purchase price is calculated using the full market
value and the percentage share purchased.
If you buy a 40% share, the share purchase price will be £88,000
and the rent will be £387.82 a month.
If you buy a larger share, you'll pay less rent. The table below
shows further examples.
Share Share Purchase
Price
Monthly rent
50% £110,000 £323.18
60% £132,000 £258.55
70% £154,000 £193.91
75% £165,000 £161.59
The percentage share and rent amount will change depending
on the amount you can afford. You'll receive a worked example
after a financial assessment.
Annual rent increases will have been done in line with the rent
review provisions contained within the lease. Please see "Rent
review" under "Property Details" above. And to see your
monthly rent, check your mos.
Monthly payment to the
landlord
In addition to the rent above, the monthly payment to the
landlord includes:
Admin charge £2.03
Buildings insurance £9.86
Cleaning £4.72
Electric £2.63
Fire & Security £1.16
Grounds Maintenance £1.47
Management fee £14.00
Repairs £3.52
Reserve fund payment £23.12
Third Party Agent £21.97
Total monthly payment excluding rent £84.48
Reservation fee There is no reservation fee to pay.
Eligibility You can apply to buy the home if both of the following apply:
 your household income is £80,000 or less
 you cannot afford all of the deposit and mortgage
payments to buy a home that meets your needs
One of the following must also be true:
 you're a first-time buyer
 you used to own a home but cannot afford to buy one
now
 you're forming a new household - for example, after a
relationship breakdown
 you're an existing shared owner, and you want to move
 you own a home and want to move but cannot afford to
buy a new home for your needs
If you own a home, you must have completed the sale of the
home on or before the date you complete your shared
ownership purchase.
As part of your application, your finances and credit history will
be assessed to ensure that you can afford and sustain the rental
and mortgage payments.
Also, you must have a local connection to Basingstoke & Deane
area either through residency, work or family.
We may be required to discuss your application with the Local
Authority.
Tenure Leasehold



Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.