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Terraced 2 Bedroom House For Sale
Banbury, Oxfordshire, OX16

£156,000Shared Ownership

Terraced 2 Bedroom House For Sale
Banbury, Oxfordshire, OX16

£156,000Shared Ownership

Two bedroom mid-terrace house for sale on Taylor Wimpey's Longford Park development in Banbury with shared ownership options.Plot 98, is a two bedroom home, available with shared ownership, on the Bridleways development built by Taylor Wimpey.Two bedroom home available through shared ownership from 25%- 75%…

Key Features

  • Two bedrooms
  • Fitted carpets
  • Lawned gardens
  • Allocated parking
  • Central heating
  • Some Images are Computer Generated
  • Shared ownership options
  • Constructed by Taylor Wimpey
  • Price based on a 60% share
  • Full market value is £260,000
  • Double glazed
  • New build

Property Information

Two bedroom mid-terrace house for sale on Taylor Wimpey's Longford Park development in Banbury with shared ownership options.

Plot 98, is a two bedroom home, available with shared ownership, on the Bridleways development built by Taylor Wimpey.

Two bedroom home available through shared ownership from 25%- 75% share.

About the home: The homes benefit from a lounge/diner with downstairs cloakroom and spacious kitchen. Upstairs you will find two double bedrooms and one bathroom.

Information about the area: Banbury is a vibrant market town amidst the scenic villages of Oxfordshire. It’s always been a desirable place to live, but for many it was simply too far from the capital. Fortunately, that’s now changed with the development of a high-speed rail link to London Marylebone. Improved access to the nearby M40 provides further advantages for the working professional, as does the presence of nearby business such as Jaguar Land Rover, Jacobs Douwe Egberts and Kraft. In the town centre, historic sights blend with contemporary attractions and local businesses. It gives a sense of village community, while offering all the convenience of urban living. Castle Quay Shopping Centre boasts a selection of 70 shops and also houses the town’s museum. Developed with Banbury’s heritage in mind, this complex preserves the quaint character of the area, with cobbled streets and a weekly market at its centre.

Pricing and Affordability: The share options below are based on the full market value of £ 260,000 25% share- £65,000- monthly rent- £446.9 40% share- £104,000- Monthly rent- £357.5 50% share- £130,000- monthly rent-£298 60% share- £156,000- monthly rent- £238.3 75% Share- £195,000- monthly rent- £149 Plus you will pay a service charge of approximately £451.85 per annum.

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 subsidised 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 Bridleways, you can buy a minimum 75% share of your home (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. Chancellors are selling the homes on Longford Park development on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England.

Contact the team

Banbury New Homes Branch

0333 6000 060 standard network rate

Quote Reference: 3328454

Floorplan

Floor Plan Floor Plan
Subject to change

EPC

EPC

Current EPC Rating: B