1 bedroom apartment for sale
Available
Owens Way, OX4 2GN
£65,000 · Shared Ownership Resale

Share percentage 25%, full price £260,000, £6,500 Min Deposit.

Available
1 bedroom
£65,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £260,000, £6,500 Min Deposit.

Monthly Cost: £1,046
Rent £619, Service charge £147, Mortgage £280*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

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Eligibility

To be eligible for this property you must live or work in the Oxford local authority area.

By sending Catalyst your interest you are agreeing for your phone number or email to be given to the seller to book a viewing appointment.

Summary

One bedroom flat in Oxford is available now on a part-buy/part-rent scheme. Approx. 86 years remaining on the lease.

Description

The property is located only a short distance away from Templars Square shopping centre, local Schools and more convenient amenities. Great access to major routes, idyllic areas to walk to and excellent bus route to Oxford City Centre.

Sale Price and Equity
Full market value: £260,000
Monthly net rent: £618.62
Share available: 25%
Monthly service charge:£147.44
Share price: £65,000

The rent review is every April. Quoted rental figures are based on the 2021/22 financial year.

To be eligible for this property you must live or work in the Oxford local authority area.

Viewings strictly by appointment only. For further information or to book an appointment, please contact our Resales Team on: resale.staircasing@chg.org.uk

Key Features

GIA: 49m2

Bedroom 1 – approx. (4.7 x 3m2)
Large double bedroom, fully carpeted, three door wardrobe, and chest of drawers will easily fit this space.

Bathroom/WC – approx. (3 x 1.5m2)
Fitted bathroom, bath, WC and bathroom units with considerable space.

Kitchen – approx. (2.2 x 3.6m2)
Fitted kitchen, ideal storage space, well decorated, worktop units and integrated appliances.

Lounge – approx. (4.3 x 3.58m2)
Large lounge, plenty of day light, fully carpeted throughout and direct access to garden via patio doors.

Outside
Private Rear Garden
Allocated Parking

Energy Efficiency Rating – C

Map
Oxford (2.64 miles) Radley (3.71 miles) Oxford Parkway (5.31 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£65,000
Shared Ownership Resale
Estimated Monthly Cost:£1,046
Rent £619
Service Charge £147
Mortgage £280

Share percentage 25%, full price £260,000, £6,500 Min Deposit. Calculated using a representative rate of 3.09%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.