1 bedroom apartment for sale
Little Bury, Blackbird Leys, Oxford, OX4 7UZ
Share percentage 75%, full price £200,000, £15,000 Min Deposit.
Share percentage 75%, full price £200,000, £15,000 Min Deposit.
Monthly Cost: £984
Rent £106,
Service charge £121,
Mortgage £757*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This smartly-presented property is on the first (top) floor and is one of four flats that form a detached block, set back from the road, in a quiet cul-de-sac, on the semi-rural outskirts of Oxford. A private entrance and staircase leads up to a landing and then into the reception room with an archway providing access to the recently-installed kitchen. There is a good-sized bedroom and a stylish, modern and naturally-lit shower room. Well insulated walls, double glazed windows and gas central heating make for a good energy-efficiency rating. The flat comes with off-street parking and a private, timber-fenced garden. Little Bury is close to parks and a leisure centre and within easy reach of the shops of and other amenities of Templars Square. The purchaser will benefit from a very long lease.
SHARED OWNERSHIP (Advertised price represents 75% share. Full market value £200,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/3t6cdzu7]
(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: A2Dominion.
Tenure: Leasehold (lease extension in progress, will be 990 years from 29/09/1989).
Share Available: 75% (£150,000).
Shared Ownership Rent: £106.25 per month (subject to annual review).
Service Charge: £120.66 per month (subject to annual review).
Guideline Minimum Income: Dual - £31,200 | Single - £37,500 (based on minimum share and 10% deposit).
Council Tax: Band B, Oxford City 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. Pets not permitted (except assistance animals).
Key Features
- Guideline Minimum Deposit £15,000
- Guide Min Income Dual £31.2k | Single £37.5k
- First Floor (with Private Ground Floor Entrance)
- Approx. 441 Sqft Gross Internal Area
- Recently Installed Kitchen and Bathroom
- Double Glazing and Gas Central Heating
- Parking Space
- Small, Detached, Garden
Particulars
Tenure: Leasehold
Lease Length: 955 years
Council Tax Band: B
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Off Street
Outside Space/Garden: Yes - Private Garden
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 75%, full price £200,000, £15,000 Min Deposit. Calculated using a representative rate of 4.59%