Douglas Court, Douglas Drive, Bordon GU35 9FH, UK

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Bedrooms: 2

Bathrooms: 1

Receptions: 1

Year built: ?

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Agents think: £114,750  1 agent(s) valuations found

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2021-07-25 10:11, User_1

Leaders - Shared Ownership Agent Valuation of this property is £114,750

Description:

Make your move and choose apartment living! Finding a space of your own is within reach with our new Shared Ownership apartments. If you reserve one of these new homes you will receive all these amazing incentives!

- 3 Months Rent Free^
- £1000 Love2shop voucher on completion^^
- Reserve for £99†
- £500 towards legal fee’s‡

Shared Ownership

This brand new home is available to buy from as little as £114,750 with a 45% share!

Dukes Quarter is an exciting new community, set around open space, featuring beautiful woodland views with amenities close by. Surrounded by an abundance of local amenities, Dukes Quarter is ideally situated in the bustling town of Bordon, which alongside Whitehill, is set to become a prosperous and sustainable green town in Hampshire.

Dukes Quarter is a perfect place to call home if you’re looking for a balanced lifestyle. You’ll be surrounded by over 150 acres of green space, whilst the wide section of schools in the area makes it perfect for families. Within just a short walk, you’ll find local amenities. You’ll also be moments away from the A3 which connects London to Portsmouth and for those looking to travel into Central London, Liphook Train Station is a short drive away with direct links into the city.

This second floor apartment features an open plan lounge/kitchen/diner with a private balcony, two double bedrooms, bathroom and two allocated parking spaces.

Pricing & affordability

Approximate Size 66.79 sq m

Full Market Value: £255,000

45% Share Price: £114,750 (rent £321.41pcm)
60% Share Price: £153,000 (rent £233.75pcm)
75% Share Price: £191,250 (rent £146.09pcm)

Minimum 5% Mortgage Deposit (45% share): £5,738

Approximate Service Charges: £74.75 pcm*
Eligibility


The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

At Dukes Quarter you can buy a minimum 45% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Leaders Romans Group are selling the homes on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit .

T&c’s - Sage Housing terms and conditions apply. ^Rent Free – Terms and conditions apply. No rent will be collected for the first 3-month period following the date of completion. Mortgage payments will be due on the purchased share, 3-month rent holiday applies to the unpurchased share. ^^Love2shop Voucher – Terms and conditions apply. Voucher will be provided to the customer on completion. †Reservation fee – Terms and conditions apply. Offer only valid on selected plots, other plots are available. ‡Legal fees – Terms and conditions apply. The legal cost contribution will only be made if a recommended solicitor’s is used. The purchase is subject to exchange of contracts up to 28 days after reservation. Please speak to a member of our Sales Team for more details.

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