2021-11-29 11:20, User_1
Truth Factor: N/A
Hardmead, Bicester OX26 1FW, UK
Claim this property to become verified owner or agent
Property type: ?
Bedrooms: 3
Bathrooms: 1
Receptions: 1
Year built: ?
Total Plot Size: ?
Total Inside Area: ?
Last Sold: N/A
Price: N/A
What can it be sold for now?
AI think: N/A
Users think: N/A
Agents think: £180,000 1 agent(s) valuations found
HPI banks think: £NaN
CHAT:
Leaders - Shared Ownership Agent Valuation of this property is £180,000
Shared Ownership
This brand new home is available to buy from as little as £180,000 with a 45% share!
The Chimes is well located with many rural and urban local amenities for your every need within a short distance. Just a short car journey and you explore the local charming historic town of Bicester, where you can find many shops, restaurants and cafes, but also benefit from being:
• Less than 2 miles from Bicester Outlet Village
• Approximately 12 miles from Oxford
• Approximately 3 miles to the M40
• Around 2 miles from both Bicester North and Bicester Village train stations
The village is also complimented by local parks and green open spaces featuring recreation and sports amenities. Living here you can take advantage of the excellent car, train and bus transport connections close by. Surrounded by beautiful countryside, you can take in the rural setting yet still be within easy reach of the internationally renowned Bicester Designer Village Outlet.
This brand new semi detached home features an open plan kitchen/diner, separate lounge, ground floor cloakroom, three bedrooms, bathroom, two allocated parking spaces and an enclosed rear garden.
Pricing & affordability
Approximate Size 958 sq ft
Full Market Value: £400,000
45% Share Price: £180,000 (rent £504.17pcm)
60% Share Price: £240,000 (rent £366.67pcm)
75% Share Price: £300,000 (rent £229.17pcm)
Minimum 5% Mortgage Deposit (45% share): £9,000
Approximate Service Charges: £tbc pcm*
Eligibility
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 The Chimes you can buy a minimum 45% 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.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
Leaders Romans Group are selling the homes on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit .
