2 bed terraced house for sale

Soper Crescent, Ludgershall, Andover SP11

Shared Ownership

This superb modern home is available to buy from as little as £104,000 with a 40% share!

A well-proportioned two-bedroom house offering practical accommodation across two floors, together with the benefit of two bathrooms and two allocated parking spaces. The ground floor provides comfortable living space with a fitted kitchen and well-sized reception area, creating a practical layout for everyday living.

Upstairs are two bedrooms and the main bathroom, while the additional bathroom facilities provide extra convenience. The property also benefits from useful storage and the two parking spaces are a particularly valuable addition.

Situated in Ludgershall, the property is conveniently placed for everyday amenities, with local shops and supermarkets around a third of a mile away. There are also local bus connections, while Grateley and Andover railway stations provide wider rail links from approximately 5.6 and 6.2 miles away respectively.
Pricing & affordability


Full Market Value: £260,000

40% Share Price: £104,000 (rent £375.39pcm)
Minimum 5% Mortgage Deposit (40% share): £5,200
Approximate Service Charges: £43.78pcm*
Lease: 116 years
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• You must have either lived 2+ years, worked 1+ years or had close family members live 5+ years in the Wiltshire Council area to apply for this home
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.