1 bedroom apartment for sale
Owens Way, Cowley, OX4 2GN
Share percentage 25%, full price £260,000, £3,250 Min Deposit.
Share percentage 25%, full price £260,000, £3,250 Min Deposit.
Monthly Cost: £1,051
Rent £581,
Service charge £146,
Mortgage £324*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
Eligibility
To be eligible for this property you must be earning a household income of at least £37,468 per annum, with a minimum deposit of £6,500 Priority will be given to those who live or work in the Oxford local authority area.
Summary
This 1 bedroom shared ownership apartment is available 25% for £65,000
Description
On a good bus route to oxford city centre and hospitals, close to all amenities Routes 1,5,10,U1 close by
Schools parks and gym nearby
Oxford Train station approx. 2 miles
Good access to M40, but situated in a quiet neighbourhood
Ad Hoc viewings
Viewings strictly by appointment only
For further information or to book an appointment please contact the resale team on:
Email: resale.staircasing@chg.org.uk
Key Features
This spacious, one bedroom, ground floor apartment with private garden, in Oxford is available now on a part-buy/part-rent basis.
The property
GIA – 46m²
Lease terms – 89 years approx
Bedroom 1 – 3.43 x 3.05m²
· Double room
Bathroom/WC –
· Bath
· WC
· Sink
Kitchen/ Living room – 6.86 X 3.38m²
Outside
· Private rear garden
· Allocated parking
Energy Efficiency Rating – C
Map
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 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.
Share percentage 25%, full price £260,000, £3,250 Min Deposit. Calculated using a representative rate of 3.94%
