Share Price £180,000 (from 75% Min. Share)
Full Value £240,000 | £9,000 Min. Deposit
Scheme: Over 55's Shared Ownershipcheck_circle Available now
2 bedroom apartment in Oxford - Oxfordshire
place Shotover View, Craufurd Road, OX4 2SQ
Two Bedroom Second Floor Apartment in Oxford available through the Shared Ownership scheme
You may be eligible for this property if:
- You are 55 or over.
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
The property boasts a number of key features such as entrance hall, living room, balcony, kitchen, two bedrooms and 'Jack and Jill' style shower room.
Externally, there are communal gardens and a communal car parking area.
Shotover View is host to a variety of amenities including a hair salon*, scooter store, guest room*, lounge, TV lounge, activities room, laundry room, cafe* and garden area.
There is no rent but a monthly service charge of £412.26 and a core care charge of £58.68.
Oxford is a city in the South East region of England and the county town of Oxfordshire. The city is 51 miles (82 km) from London, 61 miles
The city is known worldwide as the home of the University of Oxford, the oldest university in the English-speaking world.
Oxford has had three main railway stations, with destinations such as London Euston, Paddington, Manchester Piccadilly and Newcastle. There are also five Park & Ride Bus Stations throughout the city.
Oxford is a very green city, with several parks and nature walks within the ring road, as well as several sites just outside the ring road. In total, 28 nature reserves exist within or just outside Oxford ring road.
Shared Ownership for the over 55's - How does it work?
Whether you are retired, planning for your future or downsizing, where you live and quality of life is important. Oxlip House provides you with the privacy of your own apartment but with the sense of community.
You buy a share in your home (50% or 75%) with the remaining share owned by bpha. There is no rent to pay on a 75% purchase. This property has a 75% share available to purchase.
In the future, you can simply sell your share for its value at the time of sale (current market valuation required).
To qualify for the property, applicants will be required to have a sale agreed on their current property (if applicable) and have to be approved by Help to Buy East and South East, pass the necessary checks, and be over the age of 55.
The association will carry out an affordability assessment on any interested applicants and this will also be subject to care assessment.
Please note, applicants individual care needs will be assessed once an application has been made, however any potential purchaser will be required to pay for tailored care, with the amount confirmed by the care provider, in addition to the charges stated above.
- Scooter Store
- Guest Room
- Garden Area
- TV Lounge
- Activities Room
- Hair Salon