A new pathway home with Share to Buy
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2 bedroom house for sale

Available

The Pavilions - 291, OX16 9PF

£118,000 · Shared Ownership New Build

Share percentage 40%, full price £295,000, £5,900 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
Parking
£118,000 Shared Ownership New Build

Share percentage 40%, full price £295,000, £5,900 Min Deposit.

Monthly Cost: £1,085
Rent £406, Service charge £22, Mortgage £657*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

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Description

About the home
As you step into the home, you're greeted by carpeted hallway that seamlessly flows into the living area. This inviting space features stairs leading to the first floor, an under-stairs storage cupboard, and two windows that flood the space with natural light. Moving towards the back of the home, the downstairs space opens up into the kitchen and dining area. The kitchen is equipped with a range of wall and base units, a sink and drainer, an integrated oven/hob with an extractor fan, and designated spaces for a fridge/freezer and washer/dryer. A door at the rear leads to a small lobby, where you'll find a convenient downstairs WC and access to the garden.

Upstairs, the front of the home boasts a large double bedroom with storage space above the stairs and two windows that let in plenty of light. A second double bedroom is located at the rear, featuring another storage cupboard. The family bathroom is situated off the landing, conveniently positioned between both bedrooms.

Outside, you'll find a private rear garden with side access and two allocated parking spaces.

Other bits to note
Council tax band: TBC
Remaining lease term: 990 years.

*A local connection to Cherwell District Council is required to apply for this home. Please contact Hope for more information.

*While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

Key Features
  • New model shared ownership
  • Remaining lease term: 990 years
  • Semi-detached house
  • 2 allocated parking spaces
  • 2-bedrooms
  • Private garden
  • Local connection to Cherwell District Council required to apply for this home.
  • Flooring included!
Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Energy Certificate
Map
Banbury (1.35 miles) Kings Sutton (2.77 miles) Heyford (8.62 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Allocated

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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£118,000
Shared Ownership New Build
Estimated Monthly Cost:£1,085
Rent £406
Service Charge £22
Mortgage £657

Share percentage 40%, full price £295,000, £5,900 Min Deposit. Calculated using a representative rate of 5.03%


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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.