The Forum, Andover, SP116RN

About this home:

Plot 4 is a new three bedroom semi-detached house available with Shared Ownership at Augusta Park, located on the edge of the historic market town of Andover.

Spread across 1015 sqft, this home benefits from a modern open plan kitchen/dining area leading out to the private garden with a paved patio area and comes with parking. 

Living at Augusta Park, you'll have the best of both worlds, with the convenience of town living yet within easy reach of green open spaces including Anton Lakes and Longstock Park Water Gardens. Residents will have access to excellent local amenities, a new community centre and a good selection of schools nearby. 

Financial Breakdown based on a 40% share:

• Full Market Value: £365,000
• 40% Share Value: £146,000
• 5% deposit of 40%: £7,300
• Rent on unowned share: £502 per month
• Service Charge: £96.09 per month
• Council Tax: TBC*

Local Area:

Living at Augusta Park, you'll have the best of both worlds, with the convenience of town living yet within easy reach of green open spaces including Anton Lakes and Longstock Park Water Gardens.

Located on the edge of Andover, there are a wide range of amenities available within easy reach including shops, restaurants, supermarkets and a choice of schools. Surrounded by nature, river walks and picturesque riverside restaurants, there is something here for everyone. You'll also only be less than half an hour away from the New Forest.

Augusta Park is an ideal location for commuters with Andover train station less than a 10 minute drive away offering direct connections to Basingstoke, Winchester, Newbury and London Waterloo. A network of major roads including the M3 connects you with Winchester, Southampton, Portsmouth and Bournemouth.

What is Shared Ownership?

Shared Ownership offers you the chance to buy a share of your home (typically between 25% and 75%) and pay rent on the remaining share. Later on, you could buy more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a great option to get onto the housing ladder.

To be eligible for to purchase a Shared Ownership home at Augusta Park you'll also need to:

• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Have a minimum of £5,000 to cover the costs of buying a home
• Must have a live/work/family connection to Test Valley Borough Council

*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with one of our sales consultants.