2 bedroom house for sale

Available

Owens Way, OX4 2GG

£203,500 · Shared Ownership Resale

Share percentage 55%, full price £370,000, £20,350 Min Deposit.

Available
2 bedrooms
£203,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 55%, full price £370,000, £20,350 Min Deposit.

Monthly Cost: £1,403
Rent £492, Service charge £34, Mortgage £877*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

£
Eligibility

Priority will be given to those who live or work in the Oxfordshire local authority area.

Summary

Two bedroom house in Oxford is available now on a part-buy/part-rent scheme. Approx. 84 years remaining on the lease.

Description

There are many shops, facilities and a retail park close to this property.
It is well served by local bus routes and Oxford train station.
Oxford Brookes University is approx.2 km away.

Sale Price and Equity
Full market value: £370,000
Monthly net rent: £492.23
Share available: 55%
Monthly service charge: £34.33
Share price: £203,500

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

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

Key Features

GIA: 82m2

Bedroom 1 – approx. ( 4.26 x 3.41 m2)
Double bedroom. Double aspect windows, large built in wardrobe. Carpeted.

Bedroom 2 – approx. (4.29 x 3.32 m2)
Double bedroom. Double aspect windows, built in cupboard. Fits a double or 2 single beds

Bathroom/WC – approx. (2.19 1.2 m2)
Partially upgraded with new sink, good quality décor. Over bath shower with refurbished shower screen

WC – approx. (1.98 x 2.01m2)
Toilet and washbasin, recently upgraded with large mirrored cupboard

Kitchen – approx. (3.29 x 2.19 m2)
Good size kitchen with plenty of storage.
Induction hob, electric oven less than 2 years old.
Boiler less than 2 years old.

Lounge – approx. (4.17 x 4.3m2)
A good sized lounge / diner with large windows and access to the garden. Good quality Quick Step flooring.
Can accomodate 2 sofas and dining area. Two radiators

Outside
Private fenced Rear Garden South west facing. Mature planting and paving.
Shed
Allocated Parking

Energy Efficiency Rating – C

Map
Oxford (2.60 miles) Radley (3.71 miles) Oxford Parkway (5.29 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.

£203,500
Shared Ownership Resale
Estimated Monthly Cost:£1,403
Rent £492
Service Charge £34
Mortgage £877

Share percentage 55%, full price £370,000, £20,350 Min Deposit. Calculated using a representative rate of 3.09%


Catalyst Housing resales
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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.