Share Price £110,000 (from 40% Min. Share)
Full Value £275,000 | £11,000 Min. Deposit
Scheme: Shared Ownership Resalescheck_circle Available now
3 bedroom apartment in Oxfordshire
place Kimmeridge Road, Cumnor, Oxford, OX2 9RQ
Catalyst Housing resales
Available on a part-buy/part-rent basis for £110,000 for 40% share
To be eligible for this property you must have a deposit of £11,000 and live or work in the Oxfordshire city council authority area.
Living room/ Dining room (3.3m2 x 3m2)
Light grey covered wood flooring
Kitchen - approx. (2.8m2 x 2.2m2)
Good sized grey kitchen fitted with a range of fitted tops & units, hob, oven.
Open Plan to lounge
Bedroom 1 – approx. (3.4m2 x 3.4m2)
Good sized double room.
Bedroom 2 – approx. (3.4m2 x 3.4m2)
Bedroom 3 – approx. (3.3m2 x 2.3m2)
Bathroom/WC – approx. (2m2 x 2m2)
Fitted bathroom with shower over bath, shower screen, housing basin.
Grey wooden flooring
Off street parking – one space two further bays
Energy Efficiency Rating – C
Environmental Rating – B
Sale Price and Equity
Full market value:£275,000Monthly net rent:£339.44
Share available:40%Monthly service charge:£146.12
The rent review is every April. Quoted rental figures are based on the 2020/21 financial year
The property is located in Cumnor 3.5 miles West of Oxford City centre.The property comprises of a 1 bedroom flat located in a purpose built block situation in an established residential close with allocated parking.
Excellent local facilities available.
Great transport links to the town centre and direct to London.
Countryside walks along the footpaths and bridleways
The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date
As a shared owner you will be an assured tenant until you own 100% of the shares for the property after which you will own the leasehold interest.