2 bedroom apartment for sale
Hawthorn Avenue, East Anton, Andover, SP11 6YW
Share percentage 70%, full price £210,000, £14,700 Min Deposit.
Share percentage 70%, full price £210,000
Monthly Cost: £918
Rent £140, Service charge £49, Mortgage £729*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
An immaculately-presented flat on the first floor of a modern development. The property has an approximately twenty-two-foot reception room with attractive, open-plan kitchen area at one end and a south-facing Juliette balcony at the other. There is a spacious main bedroom plus a slightly smaller second double bedroom, a good-sized bathroom and some useful hallway storage. Well insulated walls, high performance glazing and gas central heating make for a very good energy-efficiency rating. The flat comes with the use of two parking spaces and is only a short drive from both Andover Railway Station and the town centre. Nearby Diamond Wood was formed in 2012 so the trees still have growing to do but the forty-four acres provide plenty of outside space to explore.
SHARED OWNERSHIP (Advertised price represents 70% share. Full market value £210,000).
PLEASE USE THIS LINK https://tinyurl.com/48wx3u9j 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 01/08/2018).
Share Available: 70% (£147,000).
Shared Ownership Rent: £140.06 per month (subject to annual review).
Service Charge: £48.78 per month (subject to annual review).
Ground Rent: £150.00 for the year.
Guideline Minimum Income: Dual - £29,900 | Single - £35,300 (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. Pets not permitted (except assistance animals).
Key Features
- Guideline Minimum Deposit £14,700
- Guide Min Income Dual £29.9k | Single £35.3k
- First Floor
- Approx. 718 Sqft Gross Internal Area
- Open Plan Kitchen/Reception Room
- Very Good Energy Efficiency Rating
- South Facing Juliette Balcony
- Two Parking Spaces
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 70%, full price £210,000, £14,700 Min Deposit. Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
