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City: Basingstoke

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Home/Residential sale/Bungalows /1 bed bungalow for sale

1 bed bungalow for sale

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£185,000⁰⁰

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Bedrooms 1 bedroom Bathrooms 1 bathroom Receptions 1 reception

Marketed by: Matthews properties

+441256818898

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Bungalows

Key Information
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01157 747879

Tenure

Knowing the tenure of the property is important because it affects your rights to use the property and the costs of ownership.

Freehold means you’ll own the property and the land it's built on. You'll usually be responsible for the maintenance of the property and have more freedom to alter it.

For flats and maisonettes, the freehold is sometimes shared with other properties in the same building. This is known as a share of freehold.

Leasehold means you'll have the right to live in the home for a set amount of years (specified in the lease). The landlord (the freeholder) owns the land, and if the lease runs out, ownership of the property will go back to them. Lease lengths that are less than 80 years tend to be more complicated and can cause issues with mortgage lenders.

You can extend a lease but this can be expensive. If you'd like to make changes to the property, you'll likely need the landlord’s permission. You're also likely to have to pay an annual amount for ground rent and services charges which can be subject to change. It is good practice to check additional leasehold costs that will apply to the property and factor this into your budget considerations.

Shared ownership is a form of leasehold in which you buy a percentage of the property and pay rent on the share you do not own. You may be able to buy the remaining share at an extra cost. When you wish to sell the property, you may need permission to do so.

Commonhold is a type of freehold ownership for a property that's within a development. A commonhold or residents’ association owns and manages the common parts of the property (like stairs and hallways). You'll need to join the commonhold association and contribute towards maintaining the development. It is good practice to check additional costs that will apply to the property and factor this into your budget considerations.

Freehold

Property Overview:

Property type

Bungalows

Condition

Fairly Used

Room Details:

Bedrooms

1 bedroom

Bathrooms

1 bathroom

Receptions

1 reception

Features and Amenities:

Type of parking

Driveway parking

Find similar

Rare Opportunity to Acquire a Landmark Property Highly Desirable Location Close to Village Green and River Detached One Bedroom Period Home Driveway Parking Gas Central Heating & Double Glazing Requires General Updating & Modernisation Throughout Huge Potential to Create Lovely Home Potential to Extend Subject to Planning No Upward Chain A charming and rather curious detached period property occupying a prominent position in the centre of the village of Wilford. Requiring general modernisation throughout the accommodation is all single storey and therefore would suit those looking to downsize and first time buyers alike. There is off street driveway parking and a small front and rear garden. The property offers potential to extend subject to the necessary planning consents. Gas central heating and double glazing. No upward chain.

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