1/11
£160,000
This superb modern home is available to buy from as little as £160,000 with a 40% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
**Please note a local area connection to the Vale of White Horse is required**
Built in 2018, this elegant three-bedroom end-of-terrace home is ideally positioned in a sought-after village location, within easy walking distance of local shops and schools.
The property offers a clean, modern kitchen fitted with an electric double oven and gas hob, with generous space for an American-style fridge/freezer. A spacious living room features a charming bay window, creating a bright and welcoming space for everyday living.
To the rear, the beautifully improved garden has been thoughtfully designed for both relaxation and entertaining, featuring a gravelled summer seating area, a large patio, and a pergola.
Additional ground-floor benefits include a separate WC and an extra-wide staircase leading to the first floor. Upstairs, the principal bedroom is a comfortable double with a built-in storage, complemented by a second double bedroom and a single bedroom with built-in drawers cleverly positioned over the stairs. The contemporary family bathroom completes the accommodation.
Externally, the property benefits from a carport positioned closest to the garden, an additional allocated parking space, and a small front garden area.
A further advantage is the property’s proximity to local sports pitches, located within approximately 50 metres, offering access to both cricket and football clubs. The Property is within the catchment of 3 primary schools all Ofsted rated “good”.
PRICING & AFFORDABILITY
Full Market Value: £400,000
40% Share Price: £160,000 (rent £583.73 pcm)
Minimum 5% Mortgage Deposit (% share): £8,000
Approximate Service Charges: £56.60 pcm*
Lease: 117 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership
