Share percentage 40%, full price £175,000, £3,500 Min Deposit
Monthly Cost: £828
Rent £383,
Service charge £55,
Mortgage £390*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Who is it for?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers.
There is a local Connection requirement to Vale of White Horse for this property.
Summary
1 bed apartment located in Faringdon
Description
This cosy 1 bedroom ground floor maisonette has a welcoming and spacious hallway that includes a useful and large storage cupboard. The hallway naturally progresses into a modern kitchen with integrated appliances, including fridge/freezer, washing machine and dishwasher.
The kitchen also boasts a very useful breakfast bar. The bathroom is located just off of the hall and includes a modern shower unit.
At the front of the property is a double bedroom with large mirrored built in wardrobes expanding across one wall. The bedroom also has a stunning bay window.
At the rear of the property, there is a living room with patio doors opening onto a private garden. Around the back of the property is a courtyard with a private allocated parking space.
A local connection to Vale of White Horse is required.
Key Features
- Modern fitted kitchen with integrated appliances
- Built in wardrobes in master bedroom
- Allocated parking
- Beautiful village location
- Own private entrance
Particulars
Tenure: Leasehold
Lease Length: 171 years
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
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
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 40%, full price £175,000, £3,500 Min Deposit. Calculated using a representative rate of 5.03%
