224 North Lane, AldershotShared Ownership £87,500
On MarketStonebridge Shaw - 03333 447 007Ston2173
***AVAILABLE TO BE RESERVED OFF PLAN***
(Projected Handover Date November 2025)
***SHARED OWNERSHIP***
This property is being sold on behalf of VIVID in partnership with Stonebridge Shaw. By enquiring with us your details will be provided to VIVID.
Apply now for a stunning newbuild Shared Ownership 2 bedroom home. Shares start from 25%
Shared Ownership 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.
MINIMUM 25% SHARE ADVERTISED AT £87,500 - FULL MARKET VALUE £350,000
• Monthly rent example on un-owned 75% share: £601.56
• Monthly initial estimated service charges: £18.95
• Council Tax Band: TBC
• Predicted energy assessment rating: B
Who can apply for Shared Ownership?
You can apply if your household income is £80,000 a year or less and you can’t afford to buy a suitable home on the open market.
If you’ve never owned a home before, Shared Ownership’s a fantastic opportunity to get on the housing ladder and it’s also a great option if you’re in one of the following groups:
• You’ve owned a home before, but can’t afford to buy one now
• You’re forming a new household (for example, following a relationship breakdown)
• You’re an existing Shared Owner and want to move to a new home
• You own a home, but can’t afford to buy a new one that suits your current needs
If you own another property in the UK or abroad, you’ll need to sell this at the same time as buying your new Shared Ownership home. So, if you’re a homeowner, VIVID will ask you to confirm your property’s under offer.
At The Orchards, 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.
Specification
• Kitchen - Patina Light Grey kitchen cabinets
• Kitchen - Marmo Bianco worktops
• Kitchen - Traditional oak grey white vinyl
• Bathroom - Traditional oak grey white vinyl
• Flooring in non-wet areas is Persian Doll from Cormar Carpets Apollo Plus Range
• Plot 18, 20, 22, 24 & 25 feature one parking space^ (Right to Use)
• Plot 17, 19, 21, 23, 26, 27, 28, 29 & 30 feature two parking spaces^ (Right to Use)
VIVID are selling these homes off plan, so viewings are not available until later on in your purchase.
LOCAL INFORMATION
Shopping locally is focused around Aldershot town centre, which can easily be walked to, as it is just over a mile away. The town centre has a range of high-street stores and independent retailers within the Wellington Shopping centre, as well as restaurants, cafes, restaurants, shops and a supermarket. While the nearby towns of Camberley, Farnborough and Farnham provide further shopping, dining and entertaining venues. There is also a market twice a week in Andover, based on Union Street. This offers a wide range of goods including meat, fruit and vegetables, clothing and flowers.
A high standard of education is provided too, with a number of Good and Outstanding Ofsted rated Primary & Secondary Schools, all within 2 miles of the development.
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.
If you’re viewing this property on an App you may not be able to view full information, so please visit the VIVID Homes website
Note from the team at Stonebridge Shaw
We always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided. However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person.
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