Two bedroom mid-terrace house with a 40% shared ownership option on the Fairacre Collection Development in West Witney.
Located in the growing town of Witney this development is brilliantly positioned to access the local frequent public transport. The development is within 1.1 miles of the Town Centre and within 14 miles of Oxford city. With easy access to the A40 The Cotswolds are a short drive away, located only 16.3 miles away with Burford being the closest Cotswold village. The development is positioned to be within the catchment of a number of primary schools such as west Witney and Our Lady of Lords.
Ideal family home or a fantastic opportunity to get your foot on the ladder. Providing ample living accommodation, lawned rear garden and spacious bedrooms providing plenty of room for any growing family.
Full price- £275,000
25% share- £68,750 - Monthly rent: £473.00
40% share- £110,000 - Monthly rent: £378.10
50% share- £137,000 - Monthly rent: 315.00
60% share- £165,000 - Monthly rent: £157.50
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 youâ€™d expect to pay if you bought a similar property outright.
At Fairacre Collection development, you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When youâ€™re ready, you can buy more shares until you staircase to owning 100% of your home.
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