2 bed flat for sale

Plot 118 - 2 Bed Apt, Rivermead Gardens, Alton GU34

£2,000 Deposit Contribution* | 5% Deposit from £3,469* | Close to Alton High Street and Train Station | Approx. 767 sq ft | Allocated Parking | Integrated Appliances | Energy Efficient | Estimated monthly cost from £1,182* | Price represents a 25% share

Highlight Housing, The Affordable Homes Agency, working with Legal & General's Affordable Housing Division (L&G), is pleased to present this Shared Ownership two bedroom apartment at Rivermead Gardens, Alton. The price shown represents purchasing a 25% share.

Get moving sooner with L&g's £2,000 deposit contribution at Rivermead Gardens. *Incentive T&Cs apply. See for more details.

Property Overview

Plot 118 is a new two bedroom Shared Ownership apartment located on the second floor of Block G at Rivermead Gardens, in the desirable market town of Alton.

Extending to approximately 767 sq ft, the apartment includes an open plan kitchen and living area, integrated appliances, a freestanding washer dryer, allocated parking and cycle storage.

A short walk from Alton High Street, Rivermead Gardens is well placed for everyday convenience, with a wide range of shops, supermarkets, cafés, restaurants and green spaces nearby. Alton train station is also within walking distance, with direct services to London Waterloo in just over an hour, making this a practical option for commuters.

All apartments at Rivermead Gardens are available to purchase through Shared Ownership from a 25% share. The price shown reflects the purchase of a 25% share of the full market value.

Financial Breakdown based on a 25% Share

• Full market value: £277,500
• 25% share value: £69,375
• 5% deposit of share value: £3,469
• Rent on remaining 75% share: £477 per month
• Service charge: £315.45 per month
• Estimated monthly cost: £1,182*

These figures are provided as a guide and may vary depending on individual circumstances. Please speak to one of our sales consultants for a detailed affordability assessment.

Local Area

Alton is a thriving market town in East Hampshire, offering a blend of historic character and modern amenities. The River Wey runs through Rivermead Gardens, and there are pleasant walking routes around Kings Pond nearby.

The development is well positioned for travel, with Alton train station close by and easy access to the A31 and M3. Rail journey times include Farnham in 12 minutes, Woking in 36 minutes, Guildford in 43 minutes and London Waterloo in just over an hour.

What is Shared Ownership?

Shared Ownership allows you to buy a share of your home, typically between 25% and 75%, and pay rent on the remaining share. Over time, you may have the option to purchase additional shares and potentially own the property outright. Monthly costs are often lower than buying outright or renting on the open market, making Shared Ownership an accessible route into homeownership.

Eligibility Criteria

Priority will be given to applicants with a live, work or family connection to the Parish of Alton or East Hampshire District. To be eligible, you must:

• Have a combined household income under £80,000 per annum
• Not own another property at the time of completion
• Be unable to purchase a suitable home on the open market

If you do not meet the priority criteria, you may still be eligible for Shared Ownership elsewhere. Please get in touch for guidance on alternative options.

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe and affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Council Tax and CGI Disclaimer

Council tax bands are often not released until the property is complete.

Interior images are digitally dressed representations of this apartment and are provided for guidance only.

*Estimated monthly cost is provided as a guide and may vary depending on mortgage terms and individual circumstances.

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