Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Doctors Acre, 2 bed homes


Doctors Acre, Hook, Hart, RG27 9UW

Shared ownership

Starting prices

50% share from
£120,000
Full price
£240,000
Monthly rent
£355
Monthly service charge
£113

Overview

Key Features

Two bedroom second floor flat
Good condition
Central heating and hot water
Allocated parking space
Communal grounds
Close to local amenities in Hook


Full Description

A two bedroom second floor flat located in Hook available through Shared Ownership Scheme.
Available for £120,000 for 50% share based on the marketing figure of £240,000.

SO Resi Monthly Payment - £354.95
Monthly Service Charge - £112.93
Total Monthly Charge - £467.88 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Two bedroom second floor purpose built flat within a three storey building of similar properties. Situated within a modern residential development of mixed properties, with local shops, facilities and railway station available nearby at Hook.

You can buy more shares for minimum of 10%

Minimum required Income- £39.573

Ground Floor

Communal entrance lobby with staircase

Second Floor

Private entrance hall with fitted storage and airing cupboards

Open plan kitchen/Reception room
5.09 x 2.74 plus 3.03 x 4.04 plus bay window.

Bedroom one
2.59 x 2.78.

Bathroom with wc.

Bedroom two with fitted cupboard
4.58 x 2.82.

Outside

Communal grounds and areas, including bin and bike stores.
Allocated parking space

EPC Rating

Energy Rating Band - C
Environmental Impact Band - B

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

 


Local area information

The property is located close to local routes and short walk to the train station going direct to London and Basingstoke. A nice walk away from all the local cafeterias and shops and a short drive to the closest supermarket.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£120,000
Full price
£240,000
Monthly rent
£355
Monthly service charge
£113