The Meadows, Thame - Shared Ownership - South Oxfordshire District Local Connection Required

Located just outside the town centre, Bellway Homes is building the Meadows at Hamden Gate, with two and three bedroom semi-detached houses available for shared ownership, whereby the owner buys part of the property and then pays 2.5% rent on the unowned share. These properties will require a Local Connection approval from the local authority, with a requirement for a buyer to live or work within South Oxfordshire District for at least two years. The properties will be completed with kitchen appliances, bathroom fittings, flooring, and carpeting; all ready for the new owner to move into and enjoy. The asking price shows the cost for a 25% share purchase, however buyers can increase the share by 'staircasing' to higher amounts. Call Keegan White today to register your interest and discuss any queries.

THE PROPERTY
The home is due for build completion at the end of this year, subject to the developer's progress and will be prepared for immediate occupancy. The front door opens into the hallway that gives access to the ground floor accommodation and has the staircase to the first floor. The kitchen is situated at the front and has a range of storage units above and below the kitchen worktop, with stainless steel sink & drainer, electric oven, ceramic hob, extractor fan, washer/dryer, dishwasher and integral fridge/freezer. The living room is of a good size and has patio doors to the garden. The first floor has two double bedrooms and the family bathroom suite that comprises of a panel bath with overhead shower, hand basin, WC, heated towel rail and extractor fan. Externally, there is allocated parking for two vehicles, and side access to the back garden. The property's heating has a low carbon impact with air source heat pump to radiators. Overall Square footage is 861sqft / 80 sqm.

THE LOCATION
Thame is a historic market town in South Oxfordshire, with excellent commuter links to Oxford and London. To the north of the town runs the River Thames, with miles of open countryside walks. The town has a wide range of retail, leisure, hospitality and entertainment venues. For families with children there are a range of schools that are well regarded.

Shared ownership options
25% share purchase price £96,250 - 2.5% rent on the unowned share = £602 pcm
50% share purchase price £192,500 - 2.5% rent on the unowned share = £401 pcm
75% share purchase price £288,750 - 2.5% rent on the unowned share = £201 pcm

There are onsite service charges for the roads, drainage, communal gardens and insurance, which is currently £110 pcm. To be verified by solicitor.