New build homes for sale in Basingstoke

Stunning four-bedroom house available on the shared ownership scheme. This traditionally built four-bedroom home comes with flexible living space arranged over three floors. The ground floor features a modern open plan kitchen/ dining room, a living room leading you to the garden and downstairs cloakroom. There are two generous sized bedrooms located on the first floor, one of which comes with en-suite. The second floor boasts two spacious rooms and the family bathroom. Situated on the edge of Basingstoke, Hounsome Fields is a desirable modern development in Kempshott on the south-western outskirts of the town and nearby is well regarded schooling, a church, superstore other shops and public house. Basingstoke Golf Club is also close by as are pleasant walks in Old Down Park and the Beggarwood Park play area. Basingstoke offers extensive shopping and recreational facilities ranging from indoor sky diving and ten pin bowling to theatres, cinemas and museums as well as the shops, bars and restaurants of Festival Place. Basingstoke's excellent transport links, including easy access to the M3 motorway and frequent train services to London (Waterloo from 45 minutes) make it an ideal location for commuters. These impressive homes should be high on your priority list for modern, spacious living in a convenient and attractive location. Financial Breakdown: Full Market Value: £450,000 25% Share: £112,500 5% Deposit: £5,625 Rent (75% Share): £773.44 monthly Shared Ownership, also known as 'part-buy, part-rent' is a great option for new home buyers, or for those struggling to save a large deposit. The Shared Ownership scheme allows you to purchase shares of your home, usually between 25% and 75%, initially and pay rent on the remaining share. Unlike buying on the open market, you don’t need a deposit for 100% of the property price. In many cases, you’ll only need a 5% deposit of the share you’re purchasing (subject to lender availability and criteria). You’ll need to be financially assessed to determine the share you are able to purchase. At Hounsome Fields, you can buy additional shares in your home over time if you’d like to, so that eventually you could own 100% of the property. This property is being sold on behalf of VIVID in partnership with Gascoigne Pees. By enquiring with us your details will be provided to VIVID. *Images shown may be photographs or CGI (computer generated images) of current or coming soon properties. Photographs or CGI images are produced in good faith as visual representations to give potential customers a representation of each house or apartment. They may not represent a specific plot, the finishes, plot sizes and landscaping will vary.

Discover Shared Ownership at Rivermead Gardens | Saturday 28th JuneJoin us on Saturday 28th June between 11am - 2pm at The Hampshire Court Hotel, Basingstoke and learn more about Rivermead Gardens and how Shared Ownership could work for you. Bookings are by appointment only, contact us today to secure your place.A delightful and thriving community awaits youA beautiful collection of 1 and 2 bedroom apartments available with Shared Ownership. A delightful and thriving community, Alton is a market town in East Hampshire and offers a mix of historic buildings and modern shops. The River Wey runs through Rivermead Gardens and there are walking paths around Kings Pond nearby for you to enjoy.  Your new home at has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances and ample workspace to show off your culinary skills. All apartments come with an allocated parking bay too.You'll be spoilt for choice with local amenities too including a pharmacy, post office, Sainsbury's, M&S and Waitrose plus a great selection of smaller shops, restaurants from tea and cakes, to pizza, Thai and gastro pubs. Within just a mile, there are local primary and secondary schools that rated Good or above by Ofsted - perfect for a growing family. The homes at Rivermead Gardens are just a short walk from the town and close to the many green spaces and surrounding countryside. The homes at Rivermead Gardens are in a great location for any travel, with the rail station and the A31 and M3 nearby which give easy access to nearby towns, attractions and London. From Alton Train Station, you can be in Farnham in 12 minutes, Woking in 36 minutes, Guildford in 43 minutes or London Waterloo in just over an hour. Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit. Financial Breakdown:Full Market Value: £202,500 - £290,00025% Share Value: £50,625 - £72,5005% Deposit of 25% Share: £2,532 - £3,625Rent on Unowned Share (75%): £348 - £486 per monthService Charge: £189.43 - £317.92 per monthEstimated monthly cost: £846 - £1,198Council Tax: TBC* What is Shared Ownership?Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).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 for a home at Rivermead Gardens, you'll need to:Have a combined household income under £80,000 per annumNot already own a property, or part of a property, at the time of completing on your purchaseBe unable to purchase a suitable home to meet your housing needs on the open marketHave a minimum of £5,000 to cover the costs of buying a homePriority will be given to applicants with a live/work or family connection to the Parish of Alton or East Hampshire District Council Tax: TBCCouncil tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.