Shared Ownership
This superb modern home is available to buy from as little as £94,000 with a 40% share!
Situated on the first floor, this beautifully presented two-bedroom apartment offers approximately 739 sq ft of bright and contemporary living space. The heart of the home is the impressive open-plan kitchen, living and dining area, providing a fantastic space for both everyday living and entertaining. There are two generous double bedrooms, a modern family bathroom and useful built-in storage. The property further benefits from two allocated parking spaces.
Ideally located on Dinmore Way, the property is within easy reach of Didcot town centre, where you'll find a wide selection of shops, supermarkets, cafés, restaurants and leisure facilities, including The Orchard Centre. Residents can also enjoy nearby parks, countryside walks and excellent local amenities, making the area a popular choice for a range of buyers.
For commuters, Didcot Parkway railway station is just a short distance away, offering direct services to London Paddington in around 40 minutes, as well as excellent connections to Oxford, Reading and the West Country. The A34 and M4 are also easily accessible, providing convenient road links across the region. Combining spacious accommodation, excellent transport connections and the added benefit of two allocated parking spaces, this superb apartment is not to be missed.
PRICING & AFFORDABILITY
Full Market Value: £235,000
40% Share Price: £94,000 (rent £363.05pcm)
Minimum 5% Mortgage Deposit (40% share): £4,700
Approximate Service Charges: £106.51pcm*
Lease: 990 years
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:
• You must either live, work or have a family connection to the South Oxfordshire area to purchase this home.
• Your annual household income does not exceed £80,000/£90,000.
• 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.
