2 bedroom house for sale
Ormond Manor Road, Fritwell, OX27 7QA
Share percentage 40%, full price £330,000, £6,600 Min Deposit.
Share percentage 40%, full price £330,000, £6,600 Min Deposit.
Monthly Cost: £1,236
Rent £454,
Service charge £30,
Mortgage £752*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Buyers must have a local connection to the Cherwell District (Live or Work). A Family Connection to the area (Parents, Siblings or Children Living in area), will also be considered.
Buyers must not exceed a household income of £80,000 per annum.
Plots will only be secured with a mortgage agreement in principle for the share price.
Summary
New 2 bedroom properties Fritwell
Description
Example price 40% at £132,000 with rent £453.75. Initial Purchase must be between 40% and 70% with the option to later staircase to 100% at which point you will own the Freehold.
A Chance to own a new build 2 bedroom property on the edge of the village of Fritwell.
Any Photos and Floorplans are examples and may not refer to an exact plot.
Key Features
Village Location
New Build
2 Bedrooms
Enclosed Garden
Parking
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
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 40%, full price £330,000, £6,600 Min Deposit. Calculated using a representative rate of 5.26%
