2 bed terraced house for sale

Sedge Smith Way, Wantage, Oxfordshire OX12

Shared Ownership

This superb modern home is available to buy from as little as £165,000 with a 50% share!

A charming and spacious, this two-bedroom home offers comfortable living across a well-designed layout. The property features a modern kitchen/dining area perfect for entertaining, a cozy sitting room, and a private garden. Upstairs, you’ll find two generously sized bedrooms, providing ample space for relaxation. Externally there is driveway parking for two cars and a good size rear garden, mainly laid to lawn.

Ideally located in the historic market town of Wantage, this home offers convenient access to local amenities, shops, and schools, all while being surrounded by the stunning Oxfordshire countryside. Perfect for those seeking a blend of tranquillity and connectivity.
Pricing & affordability


Full Market Value: £330,000

50% Share Price: £165,000 (rent £494.64 pcm)
Minimum 5% Mortgage Deposit (% share): £8,250
Shared Ownership Lease: Approx. 996 years
Council Tax Band: C
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.

*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.