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2 bed semi-detached house for sale

£144,300

Lincoln Close, Banbury OX16

2
Interested in this property? Call +44 1869 395897 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Shared Ownership
  • 65% - 75% purchase share available
  • New Build
  • Rent & service charges apply

Property description

Cherwell District Council presents Spring Gardens, an outstanding development of 2 and 3 bedroom shared ownership homes situated in the popular market town of Banbury, Oxfordshire.

The cul-de-sac is located adjacent to a Leisure Centre, Indoor Bowls, Outdoor Play and close to a library, local shops and a school, whilst only a short drive to the centre of Banbury where you will find a variety of shops, cafes, bars, restaurants and a cinema.

The properties are for sale as shared ownership with the opportunity to purchase a minimum share of 65%, with affordable rent payable on the remaining unsold share.

Banbury is an historic market town in the north of Oxfordshire, favoured by it's close proximity to junction 11 of the M40 linking it to London, Birmingham and Bicester. Banbury Railway station is a short distance away offering regular trains to London, Birmingham and Bicester.

To express your interest in the first instance, you need to register via
- Help & Advice
- How to apply
- Then section 1, Register your details on line here

Once registration has been processed (may take 3-4 days), you will receive a confirmation email. You will then need to log back into Help to Buy South.
- Click on i’m looking for a home in...
- Choose Cherwell, then buying.
- Click onto our scheme, then register your interest further, we will then receive notification that you are interested.

Next you will be sent a Cherwell District Council Build Application Form, Budget Planner and an Overview Shared Ownership document via email or post. This is to be completed and returned as soon as possible.

Your application will then be sent to ims, independent mortgage solutions in Bicester for a financial assessment. Once your affordability has been successfully confirmed, a member of the Build team will be in touch to arrange a viewing, to choose your preferred property.

Ims are acting as an marketing only agent, all enquiries received for this property will be forwarded to Cherwell District Council, who can be contacted directly on the details below;

cdc Build team


Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £239,280 Sales 581 Current average value £248,600 (Zoopla Zed-Index) Value change £3,297 ▲ 1.34%

Property value data/graphs for OX16

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £362,180 £273 3.6 £340,272
Semi-detached £253,695 £273 3.0 £247,684
Terraced £218,284 £264 2.8 £213,736
Flats £162,665 £258 1.7 £144,314

Current asking prices in OX16

Average: £283,037
Avg. current asking prices in OX16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £186,681
(8)
£200,559
(32)
£260,997
(112)
£375,886
(55)
£474,421
(20)
Flats £150,688
(13)
£180,110
(19)
- - -
All £164,400
(21)
£192,941
(51)
£260,997
(112)
£375,886
(55)
£474,421
(20)

Current asking rents in OX16

Average: £786 pcm
Avg. current asking prices in OX16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £475 pcm
(8)
£845 pcm
(9)
£963 pcm
(16)
£1,210 pcm
(5)
£1,352 pcm
(1)
Flats £644 pcm
(28)
£772 pcm
(23)
£823 pcm
(1)
- -
All £607 pcm
(36)
£792 pcm
(32)
£955 pcm
(17)
£1,210 pcm
(5)
£1,352 pcm
(1)

Fun facts for OX16

Highest value in OX16
Highest value streets Zed-Index
Firtree Close £517,730
Waller Drive £504,206
Oxford Road £479,833
Bloxham Road £451,673
Parsons Piece £434,820
Highest turnover in OX16
Highest turnover streets Turnover
Willoughby Road 63.6%
Lanchester Drive 55.6%
Dorchester Grove 50.0%
Melrose Court 50.0%
Laxton Way 50.0%

What Zoopla users think of Banbury

Overall rating:

  • currently 3.5 stars
Good - 72% (97 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Banbury:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Banbury (1.0 mile)
  • Kings Sutton (4.1 miles)
  • Heyford (10.1 miles)
  • Coventry Airport (22.0 miles)
  • Birmingham International Airport (31.9 miles)
  • London Luton Airport (43.9 miles)
  • Sharpness Old Docks (53.5 miles)
  • Lydney Harbour (54.9 miles)
  • Kew Pier (60.5 miles)

Nearby schools

View all schools in Cherwell
  • Orchard Fields Community School (0.2 miles)
  • St Joseph's Catholic Primary School, Banbury (0.3 miles)
  • Queensway School (0.5 miles)
  • English Language Training (0.7 miles)
  • Silverstone UTC (14.1 miles)
  • Stowe School (14.3 miles)
  • Frank Wise School (0.2 miles)
  • Banbury Academy (0.8 miles)
  • North Oxfordshire Academy (1.0 mile)
Note: Distances are straight line measurements

Local info for Cherwell

About the neighbours in OX16

AskMe Q&A for Cherwell

Ask a question

See all AskMe Q&A in Cherwell

For more information about this property, please contact
IMS Property Solutions OX26, OX26 on +44 1869 395897 * (local rate)

Monthly running costs Beta

£710 Monthly total

Mortgage

Purchase price
Deposit (10%) 14,430
Repayment term 25
Interest rate 1.5
Your payment £519 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £12/mo (£144/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £27 Electricity £37 Estimated energy cost £64/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 8800 kWh/year
Electricity: 2900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Cherwell

Estimated tax band A Council tax cost £115 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Contact IMS Property Solutions OX26 about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by IMS Property Solutions OX26, and do not constitute property particulars. Please contact IMS Property Solutions OX26 for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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