1 bed Flat For Sale £300,000
** An attractive one bedroom ground floor apartment under shared ownership scheme located in a highly desirable Iffley location **
The property benefits from a spacious entrance hallway with storage cupboards, kitchen, living/dining room and bathroom.
The property offers an allocated parking space and a shared outside lockable store.
There is keypad entry to the building. It is spacious and well-presented throughout and early viewing is highly recommended.
• Full market value: £300,000
• Monthly net rent: £413.62
• £10,500 Min Deposit
• Share available: 35%
• Monthly service charge: £251.11
• Share price: £105,000
• Council Tax Band: C
• Council Tax rates payable: £1,978.00
• Ground Rent: N/A
• Lease terms – 85 years approx.
Eligibility
You must be earning a household income of at least £42,147 per annum, with a minimum deposit of £10,500
be at least 18 years old.
You should live or work in the Oxford City Council local area
Outside of London your annual household income must be less than £80,000
In London, your annual household income must be less than £90,000
You cannot own another home. Shared Ownership purchasers are often first time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
You should not be able to afford to buy a home suitable for your housing needs on the open market.
You must show you are not in mortgage or rent arrears.
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
The property benefits from a spacious entrance hallway with storage cupboards, kitchen, living/dining room and bathroom.
The property offers an allocated parking space and a shared outside lockable store.
There is keypad entry to the building. It is spacious and well-presented throughout and early viewing is highly recommended.
• Full market value: £300,000
• Monthly net rent: £413.62
• £10,500 Min Deposit
• Share available: 35%
• Monthly service charge: £251.11
• Share price: £105,000
• Council Tax Band: C
• Council Tax rates payable: £1,978.00
• Ground Rent: N/A
• Lease terms – 85 years approx.
Eligibility
You must be earning a household income of at least £42,147 per annum, with a minimum deposit of £10,500
be at least 18 years old.
You should live or work in the Oxford City Council local area
Outside of London your annual household income must be less than £80,000
In London, your annual household income must be less than £90,000
You cannot own another home. Shared Ownership purchasers are often first time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
You should not be able to afford to buy a home suitable for your housing needs on the open market.
You must show you are not in mortgage or rent arrears.
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
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