House For Sale £116,000
Exclusive Open Day | Saturday 3rd February
Join us on Saturday 3rd February from 10am – 2pm for the launch of our next phase of houses at Cross Trees Park.
Be one of the first to discover how you could get on the property ladder at Cross Trees Park with Shared Ownership from just £116,000 for a 40% share.
Please note that bookings are by appointment only, contact us today to secure your place.
Welcome to Cross Trees Park.
A high-quality residential development designed to complement the character of the neighbouring village, Cross Trees Park will offer a selection of 2 bedroom traditionally-styled homes in a carefully landscaped setting which integrates the surrounding green areas.
Cross Trees Park offers a superb opportunity to be part of an exciting new sustainable community on the edge of an established village, yet close to a host of local amenities in the surrounding areas.
Plot 250 is a 79 square metre, Two Bedroom Semi-detached House, with private garden & two parking spaces at Cross Trees Park, Shrivenham, available to buy with Shared Ownership and ready to move in now.
Available to purchase from a 40% share.
Financial Breakdown:
- Full Market Value: £290,000
- 40% Share Value: £116,000
- 5% deposit of 40%: £5,800
- Rent on unowned share: £363 per month
- Service Charge: £86 per month
- Anticipated Household income: £40,347
- Council Tax Band: TBC*
For more information please register your interest and our Sales Consultant will be delighted in helping you find your new home.
LOCAL AREA
Known for its stone walls, thatched cottages and 12th-century parish church, historic Shrivenham village lies just half a mile from Cross Trees Park, and approximately 20 miles southwest of Oxford. In addition to being close to all the amenities of this major Oxfordshire town, Cross Trees Park is also within easy reach of Swindon (7 miles away) and Cirencester (20 miles away).
Shrivenham High Street offers a range of shops for your everyday needs including a Co-op supermarket, while there's a Waitrose, Tesco, Asda and Sainsbury's all within nine miles. Living here also means you're able to enjoy some beautiful outdoor settings including White Horse Hill, Nightingale Woods and Stanton Park.
The nearest railway station to Cross Trees Park is Swindon (approximately 15 minutes by car) which offers fast, direct trains to Reading in less than 30 minutes and to London Paddington in under an hour. (Source: National Rail)
WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as staircasing).
ELIGIBILITY CRITERIA:
To be eligible for a home at Cross Trees Park, you'll need to:
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Priority will be given to those who can demonstrate a local connection to the Vale of White Horse District
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
The images shown are CGI dressed and do not show the actual homes at Cross Trees Park.
*Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
