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2 bedroom apartment for sale

Available

Hop House, OX29 0AQ

£127,500 · Shared Ownership Resale

Share percentage 50%, full price £255,000, £6,375 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£127,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £255,000, £6,375 Min Deposit

Monthly Cost: £1,131
Rent £350, Service charge £88, Mortgage £693*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Eligibility

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

A Fantastic First-Floor Apartment

Description

This beautifully presented modern apartment offers a superb opportunity for first-time buyers, or those looking to downsize. Ideally situated on the edge of the popular market town of Witney, the property benefits from excellent transport links via the nearby A40 and is just a short distance from the town centre, which boasts a wide range of shops, restaurants, and amenities.

Located on the first floor at the front of the block, the apartment enjoys a bright and airy layout.

The accommodation comprises:

Entrance hall
Spacious open-plan living/dining/kitchen area with Juliette balcony
Two well-proportioned bedrooms
Modern family bathroom

Key Features
  • 2 Bedrooms
  • Open plan living
  • Electric heating
  • Fitted hob/cooker
  • NHBC warranty until 2031
  • Bath with shower
  • 50% share available
  • 60 sqm
Particulars

Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: C

Map
Finstock (5.12 miles) Ascott-Under-Wychwood (5.71 miles) Shipton (6.06 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Allocated

Outside Space/Garden: No

Year property was built: 2020

Unit size: 60sqm

Accessible measures: Enquire with provider

Flooded within the last 5 years: No

Listed property: No

Heating: Electric

Sewerage: Mains supply

Water: Mains supply

Electricity: Mains supply

Broadband: Enquire with provider

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.

£127,500
Shared Ownership Resale
Estimated Monthly Cost:£1,131
Rent £350
Service Charge £88
Mortgage £693

Share percentage 50%, full price £255,000, £6,375 Min Deposit. Calculated using a representative rate of 4.78%


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.