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1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Guideline Minimum Deposit £8,800
- Guide Min Income Dual £25.8k Single £32.1k
- Second Floor (building has a lift)
- Approx. 573 Sqft Gross Internal Area
- Dual Aspect Reception Room
- Corner Balcony
- Parking Space
- Short Walk to Town Centre
SHARED OWNERSHIP (Advertised price represents 40% share. Full market value £220,000). A generously-sized, one-bedroom apartment on the second floor of this modern development. The stylishly-presented property has a dual-aspect reception room with a door that leads out onto a corner balcony. Semi-open-plan to the living area is a naturally-lit kitchen with walnut-style units. The bedroom has a fitted wardrobe, there is useful, built-in, hallway storage and an attractive bathroom. Ashton House is close to the centre of town where a wide variety of shops can be found. The apartment comes with use of a parking space plus Farnborough Railway Station (for trains to Basingstoke, Portsmouth Harbour or London Waterloo) is within comfortable walking distance, or a brief bus/bike ride away. In addition, Farnborough North Station offers services to Reading and Gatwick Airport.
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ ]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 01/01/2009).
Minimum Share: 40% (£88,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £233.02 per month (subject to annual review).
Service Charge: £217.82 per month (subject to annual review).
Guideline Minimum Income: Dual - £25,800 | Single - £32,100 (based on minimum share and 10% deposit).
Council Tax: Band B, Rushmoor Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
WHAT IS SHARED OWNERSHIP ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and Homes England outside of London.
IS SHARED OWNERSHIP FOR YOU ?
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Rooms
Entrance Hallway
Reception Room
15' 2" x 13' 0" max. (4.62m x 3.96m)
Balcony
Kitchen
10' 3" x 9' 0" (3.12m x 2.74m)
Bedroom
14' 2" max. x 10' 9" (4.32m x 3.28m)
Bathroom
Places of interest
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*DISCLAIMER
Property reference 27880081. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Urban Moves - Richmond.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 16, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 16, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 22, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.