2 bedroom apartment for sale
Harefields, Oxford, OX2 8FX
Share percentage 50%, full price £375,000, £9,375 Min Deposit.
Share percentage 50%, full price £375,000, £9,375 Min Deposit
Monthly Cost: £1,603
Rent £484,
Service charge £100,
Mortgage £1,019*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Oxford, Oxfordshire
Description
Bright and modern two-bedroom flat now available in Oxford through Shared Ownership.
The property features an entrance hall, an open-plan living room, a kitchen, two bedrooms, and two bathrooms.
The property is located on the ground floor of a recently constructed building, offering residents a parking spot.
Outside, there is a private patio and bike shed. Perfect for couples and small families.
No Chain
Available for £187,500 for 50% share based on the marketing figure of £375,000.
Monthly rent - £483.55
Monthly Service Charge - £100.00
Total Monthly Charge - £583.55 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located in a residential area and about 15 minutes from Oxford's town centre. This can be reached by a direct bus or car; there is also a train station about a mile away.
There are several highways nearby, which could be convenient when travelling on the road, such as the A44, A34 and A40.
The area also benefits from natural areas and parks such as the Cutteslowe and Sunnymead Park, and a golf club.
Several schools are available nearby, some of which are within walking distance.
EPC ratingEnergy rating band - B
Environmental rating band - A
Lease informationYears remaining on lease: 987
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
Key Features
- Two-bedroom flat
- En-suite room
- Ground floor
- Parking spot
- Private patio & bike shed
- Local amenities nearby
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: 987 years
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 50%, full price £375,000, £9,375 Min Deposit. Calculated using a representative rate of 4.78%
