1-bedroom flat · OX14 4DR
Listing removedListed 86 days
Opportunity summary
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About
Available to purchase through the first homes scheme only This energy-efficient one-bedroom first-floor apartment offers stylish, low-maintenance living with low running costs.
The property features a bright open-plan kitchen, living and dining area, a spacious double bedroom, a contemporary bathroom, and allocated parking with an EV charging point.
Built by Greencore Homes to its Better Than Net Zero standard, the apartment delivers exceptional energy efficiency, year-round comfort, excellent indoor air quality, and significantly lower energy bills.
Conveniently located in the popular Milton Heights development, with easy access to the A34 and Didcot Parkway Station, offering excellent links to Oxford, Reading and London, it's an ideal home for first-time buyers commuting.
- What is the First Homes Scheme? The First Homes Scheme helps first‐time buyers in England get on the property ladder, by offering new build homes at a discount.
With this scheme, first-time buyers can buy a newly built home at a discount of at least 30% of market value.
This new home is for sale at 30% below market value which is to remain in perpetuity and the property can only be resold in the future to an eligible First Home buyer who meets all eligibility requirements.
Who does this scheme work for?
First‐time buyers struggling with high house prices in their area Buyers with smaller deposits of 5% (of the discounted price) Key workers or people with a local connection What is the eligibility criteria?
To qualify for the First Homes scheme, single or joint buyers need: To be a first‐time buyer/s To be aged 18 or over A total household income under £80,000 A mortgage for at least 50% of the discounted price The local connection eligibility* criteria for Vale of White Horse District Council is a person who meets at least one of the criteria set out below: Whose current and permanent residence of choice is within Vale of White Horse District and has been for a continuous period of not less than six consecutive months prior to exchange of contracts for the relevant First Home Unit Whose previous permanent resident has been within Vale of White Horse District for either six months out of the last twelve months or three years out of the past five years prior to exchange of contracts for the relevant First Home Unit Whose close family member (parent, adult children or siblings) has their current permanent residence within the Vale of White Horse District and has done so far for a continuous period of five years immediately preceding the date of advertising the First Home Is currently permanently employed for at least sixteen hours per week within Vale of White Horse District *local eligibility criteria can only apply for the first 3 months of the property being on sale, but demand can be high.
- *This listing is for Plot 40 at The Canopies *Please note that some images are taken from show homes or other plots at The Canopies and are intended for illustrative purposes only *House types can be left or right-handed, please check with the sales executive *Please note, the dimensions provided on the floor plan are measured at the widest points of each room Location The quaint and friendly village of Milton is perfectly placed just off the A34, equidistant from the popular neighbouring towns of Abingdon and Didcot, providing easy access to an array of amenities and convenient road and rail connections.
Close by, you will find the village church, a post office, The Packhorse Inn pub and a Coop in nearby Steventon, all enhancing Milton’s sense of community and convenience.
The historic market town of Abingdon and established town of Didcot can be found around 4 miles away respectively and enjoy plentiful pubs, cafes and restaurants, making it the ideal place to wine and dine or to pick up a quiet coffee.
For families, Milton is well position for education locally including Wild Owls nursery, St Blaise C of E Primary School, Didcot Sixth Form College and some highly regarded secondary schools all within a 5-mile radius.
Furthermore, less than 20 miles from the village is The University of Oxford renowned for its academic excellence and innovation, along with Oxford Brookes University recognised for its inclusive and diverse community.
Conveniently, the A34 runs alongside Milton offering easy access to Oxford, the M40, the M4 and beyond.
Also nearby is Didcot Parkway railway station which can be reached in just over 3 miles and operates regular and direct trains to Oxford and Reading in 15 minutes and London Paddington in just 45 minutes.
And when adventure calls, Heathrow Airport is less than a 60-minute drive away, with flights to over 200 worldwide destinations. Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Plot 40, The Canopies, Milton Hill, Abingdon
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