Ford Crescent, Banbury, Oxfordshire

Property overview

• Brand new shared ownership
• £1000 towards legal fees
• Available from 40% share
• Two Large Double Bedrooms
• Rent £426PCM approx.
• Available NOW
• Village loaction
• Appliances included
• ideal first time purchase
• Flooring fitted throughout

Property description

***£1,000 TOWARDS LEGAL COSTS IF YOU RESERVE BY THE 29TH OF FEBRUARY*** BRAND NEW SHARED OWNERSHIP HOMES!!*** 2 Bedroom houses, available on the Shared Ownership scheme, in the ever popular village of Bloxham, just south of Banbury. Available from 40% share, these wonderful, BRAND NEW houses are available now, appliances are included, allocated parking and, most importantly, an affordable lifestyle.

Elevation Estate Agents are delighted to offer these brand new properties to buyers who are aiming to get on to the property ladder using the shared ownership scheme.

You will need a minimum of 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.

Pricing and Affordability

The Share options below are based on the full market value of £305,000 with a minimum share of 40% and a maximum purchase share of 75% initially.

40% share = £122,000

Rent on Remaining share = £419.38

Service Charge = £33.09 Approx

Shared Ownership:

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidized rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

At Bloxham, you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%).

Elevation Estate Agents are selling the homes at Bloxham on behalf of Paradigm Housing.

Please feel free to enquire and speak to one of the team to find out more information on how purchase one of these highly sought after properties.

*Shared Ownership – Terms and conditions apply. Eligibility and affordability criteria apply. Minimum (40%) and maximum (75%) share values will apply, and rent is payable on the unsold share. Please speak to a member of our Sales Team for more details

Room details

Living Room

14' 3" x 15' 3" (4.34m x 4.65m)

Kitchen

9' 0" x 8' 5" (2.74m x 2.57m)

WC

Bedroom 1

11' 3" x 15' 3" (3.43m x 4.65m)

Bedroom 2

15' 7" x 8' 5" (4.75m x 2.57m)

Bathroom