Available

£54,000

Merino Road, Andover, SP11 6SP
Share 30% / Full price £180,000 / Min deposit £5,400

Apartment
1 bedroom
1 bathroom

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Summary

A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A spacious flat on the first floor of a recently-constructed building in the East Anton suburb of Andover. The property has a twenty-seven-foot, open-plan kitchen/reception room with double doors that lead out onto a balcony. There is a generously-sized bedroom, a bathroom with overhead/hand-held shower and a built-in storage/utility cupboard has been provided in the naturally-lit entrance hallway. Well insulated walls, high performance glazing and a modern gas central heating system make for a very good energy-efficiency rating. To the rear of the block is a parking area which includes a space allocated to this flat and the local roads allow easy access to the A303 and the M3 as well as the many places of interest that Hampshire has to offer. Andover's railway station and attractive town centre can also be reached via bus or by brief cycle ride.

SHARED OWNERSHIP (Advertised price represents 30% share. Full market value £180,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/5n6spejm]

(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 01/05/2020).
Minimum Share: 30% (£54,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £289.54 per month (subject to annual review).
Service Charge: £131.90 per month (subject to annual review).
Guideline Minimum Income: Dual - £21,300 | Single - £22,500 (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 may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner).

Description

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Material information

Key Information Document Floor plan Brochure
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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£54,000 Shared Ownership Resale Full price £180,000
Estimated monthly cost £690
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