£81,250
3 bed semi-detached house for saleHawthorn Avenue, East Anton, Andover SP11
3 beds
1 bath
1 reception
EPC Rating: B
- Shared ownership
- Leasehold
Urban Moves
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About this property
Guideline Minimum Deposit £8,125
Guide Min Income Dual £32.1k | Single £38.4k
Three Storey, Three Bedroom, Semi Detached House
Approx. 990 Sqft Gross Internal Area
Bathroom plus Ground-Floor WC
Very Good Energy Efficiency Rating
Rear Garden
Two Parking Spaces
Shared ownership (Advertised price represents 25% share. Full market value £325,000). A great chance to buy a spacious, shared-ownership family home. This modern, semi-detached property has an attractive kitchen at the front, a central cloakroom/WC and a reception room with glazed door that opens onto the rear garden. On the first floor is a full-width bedroom, a smaller double bedroom and a simple yet stylish bathroom. A further flight of stairs leads from the naturally-lit landing up to the top floor, which is devoted to an eighteen-foot, dual-aspect main bedroom. Well insulated walls, roof and floor, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. To the side of the house, easily accessible from either the road or via the garden gate, is a parking area which includes two spaces allocated to this house. The local roads allow easy access to the A303, the M3 and M4 motorways as well as the many places of interest that Hampshire has to offer. The railway station, shops and other amenities of Andover town centre can also be reached by brief cycle ride.
Interested parties are required to complete the shared ownership common application form [ ]
(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).
Minimum Share: 25% (£81,250). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £601.82 per month (subject to annual review).
Service Charge: £45.97 per month (subject to annual review).
Guideline Minimum Income: Dual - £32,100 | Single - £38,400 (based on minimum share and 10% deposit).
Council Tax: Band D, 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.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Kitchen
9' 8" x 8' 2" (2.95m x 2.49m)
W.C.
5' 1" x 4' 7" (1.55m x 1.40m)
Living Room
14' 9" x 10' 9" (4.50m x 3.28m)
Bedroom 2
14' 8" max. X 10' 10" max. (4.47m x 3.30m)
Bathroom
7' 5" max. X 6' 9" max. (2.26m x 2.06m)
Bedroom 3
9' 8" x 7' 4" (2.95m x 2.24m)
Bedroom 1
18' 3" into bay x 11' 2" max. (5.56m x 3.40m)
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More information
Tenure
Leasehold (118 years)
Service charge
£552
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
Shared ownership rent
£602 per month