£213,750

(£252/sq. ft)

2 bed semi-detached house for sale
Hermon Road, Banbury OX16

    • 2 beds

    • 1 bath

    • 1 reception

    • 848 sq. ft

  • EPC Rating: B

  • Shared ownership
  • Leasehold

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Domovo

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About this property

  • 75% Share available and can Staircase to 100%

  • 2 bedrooms, downstairs WC, front and back gardens and driveway parking

  • Close to local schools & healthcare services

  • Recreation and leisure – Close to parks, play areas and countryside walks

  • Road connectivity – 4.1 miles to M40,1.7 miles to A422,3.2 miles to A4260

  • Public transport access – buses connect to Banbury town centre and beyond

  • Rail links – 3.3 miles to Banbury Railway Station with links to London

  • 2 miles to Banbury town centre, offering a wide range of shopping, dining, leisure

  • Excellent location and great local amenities

This 2 bedroom semi-detached home is located in Banbury, Oxfordshire, and is available to purchase through shared ownership with a 75% share. The property benefits from front and rear gardens, a downstairs W/C, and a practical layout across two floors. Buyers have the option to staircase to 100% ownership.

Full market value: £285,000

Share available: £213,750

Monthly rent: £183.84

Monthly service charge: £41.59

Remaining lease term: 119 years

About the property
This property is comprised of:
Ground Floor:
Hallway - provides access to the main living areas, WC and stairs to the first floor
Kitchen - located towards the front of the property
Living room/ diner - space for relaxing and hosting, and has double doors that provide access to the rear garden
WC / cloakroom - convenient downstairs toilet with sink

First Floor:
Bedroom 1 - double room with space for storage
Bedroom 2 - double room, ideal for a second bedroom, nursery or office space
Bathroom - with a bath and shower facilities

Outside:
Allocated parking - tandem parking
Front Garden - with a plant bed and path up to the front door
Rear Garden - ideal space for relaxing and entertaining, has patio, lawn and decking areas

About the area
Banbury is a historic market town in north Oxfordshire, situated on the edge of the Cotswolds and the River Cherwell. It lies approximately 22 miles (35 km) north of Oxford and is well positioned for regional and national travel, with junctions 11 and 11A of the M40 motorway providing direct road links to London, Birmingham and the wider Midlands.

Banbury railway station sits on the Chiltern Main Line and West Coast routes, offering frequent services to London Marylebone, Warwick, Birmingham and Oxford.
The town centre provides a wide range of amenities, including high-street and independent shops, supermarkets, cafés, restaurants and public houses, alongside leisure facilities, cultural attractions and regular markets. Banbury also offers a good selection of primary and secondary schools, as well as further education options.

Surrounded by attractive countryside yet retaining a strong commercial and community presence, Banbury combines the convenience of a well-served town with access to green spaces and nearby villages, making it a versatile and well-connected place to live.

Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.

Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

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More information

  • Tenure

    Leasehold (119 years)

  • Service charge

    £42 per month

  • Council tax band

    C

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    75%

  • Shared ownership rent

    £184 per month

  • Report this listing
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Property descriptions and related information displayed on this page are marketing materials provided by - Domovo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Domovo for full details and further information.