2 bedroom apartment for sale

Available

William Morris Close, OX4 2JX

£128,000 · Shared Ownership New Build

Share percentage 40%, full price £320,000, £6,400 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£128,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £320,000, £6,400 Min Deposit.

Monthly Cost: £1,256
Rent £440, Service charge £178, Mortgage £638*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility
  • Have a combined household income under £80,000
  • Not 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
  • Eligible buyers must also be registered with Help to Buy
Summary

New 2 bedroom Shared Ownership ground floor apartment with balcony at Morris Square, Cowley, Oxfordshire from Legal & General Affordable Homes. Available from Summer 2022. Register today.

Description

Modern Living at Morris Square

A vibrant new community of contemporary 1 & 2 bedroom apartments for Shared Ownership in the heart of Cowley and set on the edge of Oxford, one of the world’s most attractive cities.

Plot 51 is a 2 Bedroom Ground Floor Apartment with balcony at Morris Square, Cowley, available to purchase through Shared Ownership.

Available to purchase from a 40% share.

Financial Breakdown:

  • Full Market Value: £320,000
  • 40% Share Value: £128,000
  • 5% deposit of 40%: £6,400
  • Rent on unowned share: £440 per month
  • Service Charge: £178 per month

Morris Square offers an exciting new opportunity to live in a vibrant community within easy reach of Oxford town centre. The apartments overlook a central square and are surrounded by landscaped gardens along with a play area. The architecture features textured brickwork and bold lines to create an imposing architectural style.

Interiors are open plan and stylish, with outsized windows to welcome the light. From the stunning, streamlined kitchens to the striking bathroom décor, everything is cool and modern. There is bicycle storage for every home and charging points for electric cars. Yet the ancient history of central Oxford is just a short ride away.

At Morris Square you will have a leading local rugby club, athletics facilities and football club close by, along with a golf club almost at your front door. If you prefer your sport sitting down, you can watch first class cricket at the Parks, and cheer the world’s top rowers from the garden of a riverside pub, as they practise for the boat race. The world famous Bicester Village is also just a short drive away. The Kassam stadium, home to Oxford United, is just around the corner. If brain power is more your thing, you will be lucky enough to have world class universities and colleges, a teaching hospitals and excellent schools including Tyndale Community School next door.

Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.

Homes at Morris Square will be ready to move into from Summer 2022.

Interior images do not depict the actual development and represent a similar apartment style to the specifications at Morris Square.

For more information and to stay informed of updates please register your interest.

LOCAL AREA

Wherever your fancy takes you, Oxford caters for every whim
Living at Morris Square, it’s easy to get to anywhere as the centre of town is just an 18-minute cycle ride and Oxford Parkway Station is within easy reach. Whether you are enjoying the smart shops of Westgate, exploring the antiques on Gloucester Green, browsing the stalls of the Covered Market or taking a stroll down the historic High Street, you can eat, drink and shop till you drop in Oxford.

Immerse yourself in history at the Castle, spend the afternoon strolling round a museum, then round off the day with a night at the theatre… there’s something special around every corner. From university and college students to the young professionals working in Oxford’s business and manufacturing sectors, Oxford is a youthful, energised city.

History buff? Your new home in Cowley is an area that has long been famous for making cars and, in 1913, a young bicycle manufacturer named William Morris opened a car factory here. Today Morris Square sits on the site of the workers’ Sports and Athletics Club and although Morris Motors is long gone the clubhouse is still standing and, nowadays, houses the local school.

The train journey into London Paddington takes under an hour and you’re well served with buses too. The 5, U5 and 15 will whisk you into the centre of Oxford. By car, you are within a short drive of the M40 and M25, with easy motorway connections to the rest of the country. London Heathrow is within easy reach for trips further afield.

For more information and to stay informed of updates please register your interest.

WHAT IS SHARED OWNERSHIP?


If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

Key Features

Key Features:

  • Integrated kitchen appliances including fridge freezer & washer/dryer
  • Balcony
  • Prewired for SkyQ
  • Communal landscaped areas
  • 12 Year Premier Building Warranty
  • Parking permit for one vehicle

Full Specification:

Kitchen

· Contemporary handleless matt grey kitchen with soft close cupboards

· Under pelmet lighting

· Laminate worktops with upstand

· Stainless steel 1½ bowl sink with chrome mixer tap

· Ceramic hob with stainless steel splashback and cooker hood

· Integrated electric oven

· Integrated fridge freezer

· Integrated washer/dryer

· Removable base unit and plumbing for future provision of dishwasher

Heating & Electrical

· Ideal Logic gas combination boiler

· Contemporary white radiators

· Chrome heated towel rail to bathroom and ensuite

· Downlights throughout except bedrooms

· Dimmer switch control to living room lighting

· Pendant light fitting to bedrooms with additional bedside switch

· Shaver socket to bathroom and ensuite

· Slimline white sockets and switches throughout

· Smoke and carbon monoxide detectors

· Communal satellite dish with Sky Q capability, subject to purchaser subscription

· TV points in living room and main bedroom

· Telephone points in living room

· Light to balcony

GENERAL

· UPVC double glazed windows, grey externally and white finish internally

· Video door entry system

· Door bell

· Internal walls and woodwork painted white

· White internal doors with chrome lever on rose brassware

· 12 year Premier building warranty

FLOORING

· Karndean wood effect luxury vinyl flooring to hall, kitchen, lounge/dining area, bathroom and ensuite

· Carpet to bedrooms

BATHROOM / ENSUITE

· Contemporary white sanitaryware with back to wall toilet and vanity top

· Monoblock mixer tap to basin

· Thermostatic shower above bath and bath filler

· Bath screen

· Chrome shower screen and white shower tray

· Thermostatic shower valve to shower enclosure

· Large format grey ceramic tiles around bath, shower enclosure and basin

· Extractor fan to bathroom and ensuite

· Mirror to bathroom and ensuite

COMMUNAL AREAS

· Parking managed by permit

· Communal landscaped areas

· Carpet to communal areas

· Cycle store

· Bin store

· Lockable post boxes in lobby

Property Downloads
Floor Plan Brochure Price List Energy Certificate
Map
Oxford (2.86 miles) Radley (3.94 miles) Oxford Parkway (5.34 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.

£128,000
Shared Ownership New Build
Estimated Monthly Cost:£1,256
Rent £440
Service Charge £178
Mortgage £638

Share percentage 40%, full price £320,000, £6,400 Min Deposit. Calculated using a representative rate of 3.94%


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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.