£68,000
1 bed flat for saleHampton Road, Andover SP11
1 bed
1 bath
1 reception
- Shared ownership
- Leasehold
Austin Hawk
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About this property
Discounted Market Property
Communal Entrance
Entrance Hallway
Open Plan Living/Kitchen/Dining Room
Bedroom
Bathroom
Garage & Allocated Parking
Close to Amenities
Low cost home with discounted market sale price from 40% value - no buy to let purchasers
Available to the property market at a 40% share of its full value, with the option, once purchased, to staircase to a higher percentage of ownership, this one-bedroomed, top-floor flat potentially provides the ideal option to embark onto the property ladder. A rental payment is due for the "unowned" percentage on a monthly basis. The accomodation comprises a communal entrance with access to the property via a buzzer entry system, a property front door opening into an entrance hallway, then an open-plan kitchen/living/dining room, a double bedroom and a bathroom. The property benefits from not only a garage with a parking space in front of that garage, but also a separate allocated parking space. Applicants will be required to complete a Home Ownership application form in order to ascertain eligibility.
Andover offers a range of shopping, educational and recreational facilities, including a college of further education, a cinema, theatre and leisure centre. The mainline railway station runs a direct route to London's Waterloo in just over an hour, whilst the nearby A303 offers good road access to both London and the West Country. The property can be found on Hampton Road, a quiet residential road located off East Anton Farm Road, linking Olympic Park Road with Woolwich Way, on the northernmost edge of the Augusta Park development. The location has many local amenities close by including schools, a nursery, a Co Op convenience store, fast food outlets and East Anton sports ground with Harmony Woods Nature Reserve just beyond. The popular Finkley Down Farm Park is also close by. The development borders open countryside and the nearby village of Smannell with its public house is a short distance away.
The property is leasehold with 112 years remaining on the lease. Mains drainage, water, electricity and gas are connected. Gas central heating to radiators. The current annual service charge is £141.50 per month.
More information
Tenure
Leasehold (112 years)
Service charge
£1,686 per year
Council tax band
B
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£240 per month