2 bedroom house for sale

Available

Ampthill Way, Faringdon, SN7 7LE

£145,000 · Shared Ownership Resale

Share percentage 50%, full price £290,000, £14,500 Min Deposit.

Available
2 bedrooms
3 Bathrooms
Private Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£145,000 Shared Ownership Resale

Share percentage 50%, full price £290,000, £14,500 Min Deposit.

Monthly Cost: £1,170
Rent £398, Service charge £36, Mortgage £736*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a Two Bedroom House on a Shared Ownership Basis

Description

This smartly-presented, mid-terrace property has a cloakroom just off the entrance hall with the rest of the ground floor devoted to a full-length kitchen/reception room with sleek, white units, integrated appliances, windows to front and rear and patio doors that open onto the garden. On the first floor there is a spacious main bedroom with fitted wardrobe and stylish en-suite shower room. The second bedroom is also a comfortable double and the bathroom is attractive and naturally-lit. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system make for a very good energy-efficiency rating. Faringdon town centre can be easily reached via brief bus or bike ride and Ofsted list two primary schools and a secondary within a mile radius, all rated 'Good'. The house comes with parking for two cars.

SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £290,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://bit.ly/36BGfXu]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Heylo. Heylo Housing requires that all applicants must have a permanent right to reside in the UK.
Tenure: Leasehold (125 years from 28/02/2019).
Minimum Share: 50% (£145,000).
Shared Ownership Rent: £398.44 per month (subject to annual review).
Building Insurance + Admin Fee: £36.15 per month (subject to annual review).
Guideline Minimum Income: Dual £38,400 | Single £44,600 (based on minimum share and 10% deposit).
Council Tax: Band C, Vale of White Horse District Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

Key Features
  • Guideline Minimum Deposit £14,500
  • Guide Min Income - Dual £38.4k Single £44.6k
  • Two Storey, Two Bedroom, Mid Terrace House
  • Approx. 750 Sqft Gross Internal Area
  • High Performance Glazing
  • Bathroom, Shower Room and Cloakroom
  • Rear Garden
  • Two Parking Spaces
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan Brochure
Map
Swindon (9.94 miles) Appleford (15.12 miles) Shipton (15.19 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 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.

£145,000
Shared Ownership Resale
Estimated Monthly Cost:£1,170
Rent £398
Service Charge £36
Mortgage £736

Share percentage 50%, full price £290,000, £14,500 Min Deposit. Calculated using a representative rate of 4.64%


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.