3 bedroom terraced house for sale

£66,250 Shared ownership

Olympic Park Road, Andover SP11

3 bedroom terraced house for sale 3 2
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Property description

Forest Mews - 3 bed house

Full market price - £265,000
25% share price - £66,250
Monthly rent - £455.47
Monthly service charge - £42


Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under the Shared Ownership scheme, you buy a share of the property's value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can buy more of the property until you own 100%.

You will need a small deposit at the outset - generally a minimum of 5% of your share, subject to conditions - and you will need to raise a mortgage on the rest of the sum required.

There are certain conditions to be eligible for a Shared Ownership property:

-Your annual household income must be no more than £80,000.
-You must be unable to purchase a home suitable for your needs without assistance.
-You must not have any outstanding credit issues (i.e. Unsatisfied defaults or county court judgments).
-You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are
some circumstances under which you may still be eligible.
-Applicants who live or work in the Andover area will be prioritised

Development information

Forest Mews is situated on the edge the historic market town of Andover and offers a choice of two and three-bedroom homes available through shared ownership.

-On the edge of the attractive historic market town of Andover and near the North Wessex Downs
-Excellent transport links, with Andover station linking to London Waterloo in just over an hour. The A303 easily links to the M3 with access to Salisbury, Swindon and
Southampton Airport
-Range of amenities in Andover including cafes, restaurants, shops, a theatre, a cinema and a leisure centre
-Local amenities right on the doorstep for everyday needs
-A number of high-quality schools nearby
-Bright and airy homes with contemporary interiors

To book an appointment or if you have any questions, please contact the Customer Service Team as soon as possible by email.

Nearby transport

  • Andover (1.5 miles)
  • Whitchurch (Hampshire) (5.9 miles)
  • Grateley (7.6 miles)
  • Southampton Airport (19.9 miles)
  • Bournemouth Airport (35.0 miles)
  • London Heathrow Airport (47.0 miles)
  • Southampton Vehicle Ferry Terminal (23.2 miles)
  • Southampton Passenger Ferry Terminal (23.3 miles)
  • Hythe (Hants) Ferry Terminal (25.0 miles)

Nearby schools

View all schools in Test Valley
  • Roman Way Primary School (0.2 miles)
  • Endeavour Primary School (0.3 miles)
  • Knights Enham Nursery and Infant School (0.4 miles)
  • The Mark Way School (SEN) (1.2 miles)
  • Winton Community Academy (1.4 miles)
  • Harrow Way Community School (1.5 miles)
  • Icknield School (SEN) (0.9 miles)
  • Rookwood School (1.8 miles)
  • Farleigh School (4.2 miles)
Note: Distances are straight line measurements

About the neighbours in SP11

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For more information about this property, please contact
Clarion Housing - Forest Mews, SP11 on +44 1489 345924 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarion Housing - Forest Mews, and do not constitute property particulars. Please contact Clarion Housing - Forest Mews for full details and further information. The Running Costs data displayed on this page are provided by SmartNewHomes to give an indication of potential running costs based on various data sources. SmartNewHomes does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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