2 bed Flat For Sale £345,000
Discover Newman Place, Oxford
The Willow at Newman Place is a spacious 2-bed apartment in leafy Littlemore, just south of the historic city of Oxford. This fantastic apartments comes complete with an open-plan kitchen/living/dining area, private balcony, and master bedroom with en suite.
Plot 110 - The Willow
Shared Ownership Cost Breakdown - 25% Share
* Full market value = £345,000
* Example 25% share price = £86,250
* Rent = £592.97pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £148pcm
Shared Ownership Cost Breakdown - 40% Share
* Full market value = £345,000
* Example 40% share price = £138,000
* Rent = £474.38pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £148pcm
Shared Ownership Cost Breakdown - 75% Share
* Full market value = £345,000
* 75% share price = £258,750
* Rent = £197.66pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £148pcm
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
About Newman Place
Just south of a city whose evocative skyline, cobbled streets and college quads are known across the globe, Littlemore Village has its own distinctive character and strong sense of community, superbly placed for everything from one of the UK's most innovative science and technology parks to Oxford's vibrant city culture, to offer modern living for today.
With two of the region's major routes the M40 and A34 nearby Littlemore offers excellent road connections to major centres across the region, while Littlemore also sits between the Cotswolds and the Chiltern Hills Areas of Outstanding Natural Beauty.
Each home at Newman Place brings all the eco efficiency of a brand-new home as well as a layout where light and space flows. From exquisite finish and detail of the kitchen equipped with A-rated appliances to the design statement of the wide-plank flooring, your home has been thought-out to the last detail.
Financial information
- Tenure: Leasehold
- Length of lease: 125
- Annual service charge amount: £1783
- Service charge review period: Annual
- Council tax band: B
*Images are of the show apartments and are indicative only.
