2 bedroom house for sale
Angora Road, Andover, SP11 6ZU
Share percentage 30%, full price £225,000, £6,750 Min Deposit.
Share percentage 30%, full price £225,000
Monthly Cost: £784
Rent £417, Service charge £32, Mortgage £335*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Coach House on a Shared Ownership (Part Buy/Part Rent) Basis
Description
Access to this detached and recently-constructed property is via a private, ground-floor entrance with stairs leading up to a naturally-lit hallway. There is a spacious reception room with attractive, open-plan kitchen area and a glass-sided, south-east-facing balcony. The bedrooms are both generously-sized doubles, the bathroom is sleek and modern and a fitted storage/utility cupboard has been provided. Well insulated walls, roof and floor, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. Two of the car-port spaces are demised to this property and Andover town centre is only a short drive away or can alternatively be reached via local bus or by brief cycle ride. The A303, that skirts the southern edge of the town, also allows for easy travel further afield and the surrounding area is famous for its picturesque countryside, ancient sites and other places of interest.
SHARED OWNERSHIP (Advertised price represents 30% share. Full market value £225,000).
PLEASE USE THIS LINK https://tinyurl.com/4nd65j62 TO SUBMIT YOUR APPLICATION
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 14/04/2022).
Minimum Share: 30% (£67,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £416.65 per month (subject to annual review).
Service Charge: £32.10 per month (subject to annual review).
Guideline Minimum Income: Dual - £24,500 | Single - £27,300 (based on minimum share and 10% deposit).
Council Tax: Band B, Test Valley Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guideline Minimum Deposit £6,750
- Guide Min Income Dual £24.5k | Single £27.3k
- First Floor with Private Ground Floor Entrance
- Approx. 758 Sqft Gross Internal Area
- Two Carport Parking Spaces
- Open Plan Kitchen/Reception Room
- Very Good Energy Efficiency Rating
- South East Facing Balcony
Particulars
Tenure: Leasehold
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan BrochureThe ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
- Service Charge: covers maintenance costs for the property as a whole and communal areas
- Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.
NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.
Share percentage 30%, full price £225,000, £6,750 Min Deposit. Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
