Last few affordable homes remaining at Green Lane Meadows, Farnham

High demand for new housing in Surrey has left only four homes available at Aster Group’s Green Lane Meadows development in Farnham.

The popular development, situated off Green Lane, includes 32 homes for affordable rent or purchase using shared ownership, with just four two-bedroom homes now remaining to purchase for £128,000 for a 40% share of the property.

Perfect for professionals, first-time buyers, young families and those looking to downsize, the homes available are built and ready to move into now. With a mix of ground floor and first floor homes, each comes with an open plan living/dining room and family bathroom, plus allocated parking for one vehicle.

Amanda Williams, chief investment officer for Aster Group, said: “With the average price of a flat on the open market in Farnham selling for over £299,000 during the last year, the deposit alone to secure a home of this value is out of reach for many people. That’s where shared ownership can help, making homeownership more achievable.”

With the chance to buy a percentage of the property and pay rent on the remaining share, shared ownership is a much-needed affordable option for residents in Farnham. Buying one of the remaining properties through shared ownership with Aster means that local people can secure a home from as little as £6,400 based on a 5% deposit on a 40% share price of £128,000.

The development is conveniently located within walking distance to the village centre and around two miles from Farnham and Aldershot, and 11 miles from Guildford.

Farnham Railway Station is just seven minutes away by car with links to London Waterloo in 55 minutes providing easy access for commuters heading into the City for work.

Green Lane Meadows also offers a great selection of well-regarded schooling options nearby for growing families.

For more information about the last remaining homes at Green Lane Meadows, visit https://www.aster.co.uk/sales/developments/surrey/green-lane-meadows-farnham or call the team on 01380 735480.