Available

£139,500

Simms Lane, Chipping Norton, OX7 5WH
Share 45% / Full price £310,000 / Min deposit £13,950

House
2 bedrooms
2 bathrooms
Pets allowed

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Summary

A Fantastic Opportunity to Purchase a Two Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A great chance to buy a shared-ownership home in the Cotswolds market town of Chipping Norton. This beautifully-presented property was constructed recently but in a period style to better compliment the existing housing stock. The terrace sits in an attractive location with an area of communal lawn immediately in front. A small entrance hall provides access to the stairs as well as leading into the reception room. There is a ground-floor cloakroom/WC and a full-width kitchen/dining room with a door that opens onto an east/south-east-facing rear garden. On the first floor of the house is a spacious main bedroom plus a good-sized second double bedroom and a stylish, naturally-lit bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. Chipping Norton has a choice of highly-rated schools, a theatre, lido, leisure centre and M&S Foodhall in addition to the pubs, shops and other amenities of the picturesque town centre. The Diddly Squat Farm Shop is just to the south of the town, Blenheim Palace approximately twenty minutes drive south-east (Google Maps estimate) and Oxford city centre around nine miles beyond that. The property comes with two allocated parking spaces.

SHARED OWNERSHIP (Advertised price represents 45% share. Full market value £310,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/3nj6dmjf]

(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: Clarion.
Tenure: Leasehold (125 years from 25/03/2020). Freehold transferred on 100% ownership.
Minimum Share: 45% (£139,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £372.26 per month (subject to annual review).
Service Charge: £37.78 per month (subject to annual review).
Guideline Minimum Income: Dual - £34,600 | Single - £40,900 (based on minimum share and 10% deposit).
Council Tax: Band C, West Oxfordshire 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.

Description

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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.
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Monthly cost calculator
£139,500 Shared Ownership Resale Full price £310,000
Estimated monthly cost £1,102
£

How is this calculated?

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