2 bedroom apartment for sale
St. Gabriels, , OX12 8FJ
Share percentage 25%, full price £175,000, £4,375 Min Deposit.
Share percentage 25%, full price £175,000, £4,375 Min Deposit.
Monthly Cost: £825
Rent £458,
Service charge £145,
Mortgage £222*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wantage, Oxfordshire
Description
Bright and well-presented two-bedroom apartment in Wantage, Oxfordshire available through Shared Ownership. This second-floor apartment comprises an entrance hall with storage, an open plan kitchen and reception room, two bedrooms, and a family bathroom. The property also benefits from one allocated parking space.
Minimum income required: £21,104
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £43,750 for 25% share based on the marketing figure of £175,000.
SO Resi Monthly Payment - £458.15
Monthly Service Charge - £145.13
Total Monthly Charge - £603.28 plus mortgage required for 25% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resale
Layout and dimensionsThe property is approximately 61m2.
Kitchen / Reception room: 6.02 x 3.58
Bedroom 1: 3.61 x 2.82
Bedroom 2: 3.45 x 2.59
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
All room dimensions are approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two bedrooms
- Open plan living area
- Allocated parking space
- Close to local amenities
- Available for 25% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £175,000, £4,375 Min Deposit. Calculated using a representative rate of 4.64%
