New build homes for sale in Kingsley

A delightful and thriving community awaits youA beautiful collection of 1 and 2 bedroom apartments available with Shared Ownership set in the desirable market town of Alton, East Hampshire.Rivermead Gardens is perfect for commuters, with Alton railway station within walking distance, offering regular services directly into London Waterloo in just over an hour, meaning you can enjoy the best of both worlds.Living here you'll be conveniently located within walking distance to a range of local amenities including independent stores, supermarkets, cafes, restaurants and green open spaces. The River Wey runs through Rivermead Gardens and there are walking paths around Kings Pond nearby for you to enjoy.Your new home 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 a range of integrated appliances, you'll also have a freestanding washer/dryer and each home comes with allocated parking.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.