Share percentage 40%, full price £175,000, £3,500 Min Deposit
Monthly Cost: £817
Rent £393,
Service charge £44,
Mortgage £380*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Charming one bedroom ground floor maisonette in Uffington
Description
Offered for sale under shared ownership is this charming one bedroom ground floor maisonette in Uffington.
The property comprises of a welcoming and spacious hallway with large storage cupboard. The hallway flows to the modern kitchen with integrated appliances, including fridge/freezer, washing machine and dishwasher as well as oven, ceramic hob and extractor fan. There is additionally a breakfast bar.
The double bedroom includes large mirrored built in wardrobes and is light and airy with a stunning bay window.
The immaculate bathroom includes a three piece suite with a modern shower unit and glass shower screen.
Accessed via patio doors from the living room is a private courtyard and to the rear of the property is an allocated parking space.
Please note a local connection to Vale of White Horse is required.
Please note that the price reflects a 40% share in the property (full market value of £175,000).
Please note there is restricted staircasing on the property to 80%.
The service charge is £44 per month
The monthly rent payable on the unowned share is £393
The lease remaining is 171 years approx
Applicants will be assessed for affordability by a financial advisor.
You may be eligible to apply for shared ownership if:
- Your household income is less than £80,000 and
- You do not own another property, or if you do, it is under offer
Key Features
40% share offered for sale
Restricted staircasing to 80%
Private rear garden
Allocated parking space
Beautiful village location
There is a local Connection requirement to Vale of White Horse for this property.
Particulars
Tenure: Leasehold
Lease Length: 171 years
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Listed property: No
Heating: Oil
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTC (Fiber to cabinet)
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 £175,000, £3,500 Min Deposit. Calculated using a representative rate of 4.78%