Share Price £96,250 (from 25% Min. Share)

Full Value £385,000 | £4,813 Min. Deposit

Scheme: Shared Ownership

Under offer

Wolvercote Mill - 2 bed apartment in Oxford - Oxfordshire

place Mill Road, Wolvercote, OX2 8PR

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Wolvercote Mill is a modern and contemporary collection of 19 units comprising 1, 2 & 3 bedroom apartments and 3 bedroom houses available through Shared Ownership.


Eligibility

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

Local connection required to Oxford City
You must be at least 18 years old
Outside of London your annual household income must be less than £80,000
In London your annual household income must be less than £90,000
You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
You should not be able to afford to buy a home suitable for your housing needs on the open market
You must show you are not in mortgage or rent arrears
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
Please contact our sales team for eligibility criteria as this may differ with each development.


Description

Now reserved!

Wolvercote Mill is a modern and contemporary collection of 19 units comprising 1, 2 & 3 bedroom apartments and 3 bedroom houses available through Shared Ownership each home provides a blank canvas to get creative, with brand new fixtures and fittings.

The site was historically occupied by the Wolvercote Paper Mill set in Oxford.

Ideally positioned, Oxford is located centrally in England, making it easy access to International airports, the railway network and major roadway links. The site is located in the semi-rural village of Wolvercote approximately 3 miles North of Oxford City.

The village possess strong connections to the city and beyond with it being located off the Wolvercote roundabout which is a transport node for the City bringing together some of the major links such as A40 and A44. The village also holds links to public transport with it being located between two of the regions trains approximately 3 miles away from each.

All images displayed throughout are indicative only and may not correspond exactly to the available properties described.

Prices are to be used as a guideline only as they may change.


Download Documents

Link to the floor plan Property brochure 1 Energy Certificate
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Calculate Monthly Cost

Share price
£ 96,250
Min. £96,250
Share percentage
Min. 25%
Your deposit
Min. £4,813
Monthly cost*
£1,353
Cost breakdown
£662
Rent
£211
Service charge
£480
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.