This superb modern home is available to buy from as little as £140,000 with a 40% share!
This well proportioned family home has accommodation that features a generous reception room, providing ample space for both living and dining areas, alongside a separate fitted kitchen and convenient WC. Upstairs, the impressive principal bedroom spans the width of the property, complemented by two further bedrooms and a family bathroom. Outside, the property also benefits from its own garden and driveway parking for two cars.
Florey Place is situated in the popular West Oxfordshire village of Aston, surrounded by attractive countryside while remaining within easy reach of everyday amenities. The village offers a shop, pub and primary school, with nearby Bampton providing a wider selection of shops and services. For more extensive shopping, leisure and entertainment, Witney is approximately four miles to the north, while the wider Cotswolds are also within easy reach.
The location is well placed for travelling throughout West Oxfordshire, with convenient road connections towards the A40 and A420, providing onward access towards Oxford, Swindon and the surrounding towns and villages. Rail services are available from stations including Hanborough and Oxford for connections further afield, including London.
PRICING & AFFORDABILITY
Full Market Value: £350,000
40% Share Price: £140,000 (rent £559.84pcm)
Minimum 5% Mortgage Deposit (40% share): £7,000
Approximate Service Charges: £56.87pcm*
Shared Ownership Lease: 120 years remaining
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
LOCAL AREA CONNECTION
Buyer must have a local area connection in order to be eligible. This can be by way of living and/or working in the local borough of West Oxfordshire DC. Proof and council approval will be required.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
