£65,000
1 bed flat for salePlough House, Oxford, Oxfordshire OX4
1 bed
1 bath
Added on
About this property
Bright and modern one-bedroom apartment now available in Oxford, through Shared Ownership.
The property features an entrance hallway, open plan living room and kitchen, one bedroom and one bathroom.
The property offers residents a private balcony and access to shared garden area.
So Resi are marketing this property for sale on behalf of the landlord, Oxford City Council.
All enquiries will be initially assessed by So Resi to confirm eligibility. Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.
Information on the criteria and requirements for shared ownership can be found here:
Shared Ownership Eligibility & Affordability Criteria
For the purposes of processing and progressing your application, your personal data may be shared with Oxford City Council and the existing shared owner in accordance with our Privacy Policy.
If you would like a copy of our Privacy Policy, please refer to so Resi Privacy Policy or contact us directly.
Available for £65,000 for 25% share based on the marketing figure of £260,000.
Monthly rent - £482.43
Monthly Service Charge - £119.51
Total Monthly Charge - £601.94 plus mortgage required for 25% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
Location
The property offers a variety of local amenities within easy reach. Residents benefit from proximity to several local supermarkets and fitness centres.
Families will appreciate the nearby schools, such as Our Lady’s Roman Catholic Primary School and Oxford Spires Academy. Florence Park and South Park provide green open spaces for outdoor leisure, while the nearby Cowley Road Medical Practice and Churchill Hospital serve healthcare needs.
Transport links are excellent, with regular bus services connecting to Oxford city centre in under 20 minutes. Oxford Railway Station offers direct trains to London Paddington, with journey times around an hour.
Alternatively, the Oxford Tube coach service provides a convenient and frequent link to Central London, making this location ideal for commuters and city explorers.
EPC rating
Energy rating band - B
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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Tenure
Leasehold (987 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
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