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Property Listing Details

Property details

  • 1 bedroom
  • 1 reception room

Features

  • Leasehold
  • Fitted carpets
  • Allocated parking
  • Central heating
  • Double glazed
  • Open plan kitchen/diner
  • Price based on a 40% share
  • Full price £197,500
  • 40% share - £79,00 Rent - £271.6
  • Lease Term: 125 years from 5 July 2019

Listing view statistics

Last 30 days: 6 page views

Since listed: 171 page views

Description

Property Description

40% shared ownership plus £271.60 monthly rental on the Fairacre Collection Development in West Witney.

Property Details

Providing open plan kitchen/living area with ample windows bringing in plenty of natural light, one large double bedroom, spacious bathroom and entrance hallway.
Located on the edge of the growing town of Witney this development is brilliantly positioned to access the local frequent public transport. The development is within 1.1 miles of the town centre and within 14 miles of Oxford city. With easy access to the A40 The Cotswolds are a short drive away with Burford being the closest Cotswold village. The development is positioned to be within the catchment of a number of primary schools such as west Witney and Our Lady of Lords.
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Fairacre Collection, you can buy a minimum 75% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Chancellors are selling the homes on Fairacre Collection development on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England.
Price is £197,500 and the share/rent is below:

40% share - £79,000. Rent - £271.60
50% share - £98,750. Rent - £226.30
75% share - £148,125. Rent - £113.20

Floorplan

Map & Nearby

Local Amenities

  • Combe (Oxon) 6.3 miles
  • Hanborough 6.4 miles
  • Cokethorpe School 0.4 miles
  • Ducklington Primary School 0.8 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Combe (Oxon) 6.3 miles
  • Hanborough 6.4 miles
  • Cokethorpe School 0.4 miles
  • Ducklington Primary School 0.8 miles

Market stats

Sale activity

Average estimated value for a flat in OX29:

  • £225,512
  • Price increase

  • £19,187
  • (9.299%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £250,700
  • Properties sold

    10

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in OX29 is currently:

£676 pcm

Recent sales nearby

See all recent sales in OX29
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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

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.

The Agent

Price history

Sold prices provided by Land Registry
23rd Mar 2020 £79,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Chancellors - Witney New Homes. 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 Chancellors - Witney New Homes for full details and further information.