2 bedroom apartment for sale
St. Gabriels, , OX12 8FJ
Share percentage 25%, full price £220,000, £2,750 Min Deposit.
Share percentage 25%, full price £220,000, £2,750 Min Deposit.
Monthly Cost: £858
Rent £420,
Service charge £132,
Mortgage £306*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wantage, Oxfordshire
Description
Spacious two-bedroom apartment in Wantage, Oxfordshire, now available for Shared Ownership. This beautifully presented apartment comprises two bedrooms, an open-plan living room with a modern kitchen, sky blue decorated bathroom with shower over bathtub. There is also the additional benefits of communal gardens and covered carport parking.
Available for £55,000 for 25% share based on the marketing figure of £220,000.
Monthly rent - £419.92
Monthly Service Charge - £132.14
Total Monthly Charge - £552.06 plus mortgage required for 25% share.
An annual rent increase takes place every April
Layout and dimensionsGround Floor:
Communal entrance lobby with staircase
Third Floor:
Private entrance hall with fitted storage cupboards.
Open plan kitchen/reception room:
4.29 x 2.21 plus 3.64 x 3.64m
Bathroom with WC
Bedroom one:
4.07 x 3.30.
Bedroom two:
4.05m x 2.46m
Outside:
Communal grounds and areas, including bin and bike stores. Allocated parking space.
Years remaining on lease: 85
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.
EPC ratingEnergy band rating - C
Environmental impact rating - C
Key Features
- Two bedrooms
- Third floor apartment
- Covered car port parking
- Communal grounds
- Spacious bedrooms
- 5% deposit
- No onward chain
- Available for 25% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 25%, full price £220,000, £2,750 Min Deposit. Calculated using a representative rate of 5.03%
