Shared Ownership
This brand new home is available to buy from as little as £136,000 with a 40% share!
Nestled within the Oxfordshire countryside on the edge of Milton, this thoughtfully designed community offers the perfect balance of modern living and rural charm.
Blaise Park is a beautifully planned development, featuring stylish, energy efficient homes surrounded by open green space, ideal for walking, cycling and enjoying the outdoors. With the vibrant market town of Abingdon nearby offering a fantastic range of shops, cafés and restaurants, and Oxford just a short drive away, you’ll have everything you need within easy reach.
Perfect for commuters, the development benefits from excellent transport links, with easy access to the A34 and nearby Didcot Parkway station providing fast connections to London, Oxford and beyond.
The new Shared Ownership houses at Blaise Park will include:
• Contemporary kitchen with Woodbury Cashmere cabinetry and complementary worktops
• Integrated oven, hob & extractor with stainless steel splashback
• Stainless steel sink with chrome lever tap
• Modern bathroom with white sanitaryware and shower over bath with screen
• Stylish tiling including full height around bath and splashback to basin
• Quality flooring including vinyl to kitchen & bathroom and carpets throughout
• Energy-efficient PVC-U double glazed windows
• Radiators with thermostatic controls
• Rear garden with turf, shed & outdoor tap
Built to the ‘Tavy’ design, this brand new mid terrace home benefits from a spacious lounge/diner at the back of the house with a ground floor cloakroom and a stylish fitted kitchen. The first floor features two double bedrooms and a bathroom whilst externally is allocated parking with an EV charging point and an enclosed rear garden.
PRICING & AFFORDABILITY
Approximate Size 823 sq ft
Full Market Value: £340,000
40% Share Price: £136,000 (rent £467.50pcm)
50% Share Price: £170,000 (rent £389.58pcm)
75% Share Price: £255,000 (rent £194.79pcm)
Minimum 5% Mortgage Deposit (40% share): £6,800
Approximate Service Charges: £70 pcm*
Shared Ownership Lease: 990 years
Council Tax Band: TBC
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.
At Blaise Park advertised shares start from 40% (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.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• 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.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*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.
**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
