HSPG SO, 18, Vincent Way, Oxfordshire, OX16 9GT

Shared Ownership This superb modern home is available to buy from as little as £212,500 with a 50% share!

Situated in a popular residential development, this well-presented three-bedroom detached home offers over 1,100 sq ft of accommodation including the garage, making it an ideal purchase for first-time buyers, growing families or those looking to upsize.

The ground floor features a spacious reception room, a modern kitchen diner with French doors opening onto the rear garden, a separate utility room and a convenient cloakroom.

Upstairs, there are three well-proportioned bedrooms, including a principal bedroom with a walk-in wardrobe and en-suite shower room, alongside a contemporary family bathroom.

Completing the property is an integral garage, driveway parking and an enclosed rear garden.

Ideally positioned on Vincent Way, the property enjoys easy access to Banbury town centre, where residents can take advantage of a wide range of shops, supermarkets, cafés, restaurants and leisure facilities.

There are also several highly regarded schools nearby, along with parks and open green spaces, making the area particularly appealing for families.

For commuters, Banbury railway station offers direct services to London Marylebone, Birmingham and Oxford, while the nearby M40 (Junction 11) provides excellent road links to London, Birmingham and the wider motorway network.

Combining generous living space, a practical layout and an excellent location, this fantastic home is offered to the market with no onward chain.

Pricing & affordability Full Market Value: £425,000 50% Share Price: £212,500 (rent £510.36pcm) Minimum 5% Mortgage Deposit (50% share): £10,625 Approximate Service Charges: £73.19pcm* Lease: 988 years Eligibility Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property.

The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share.

The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £80,000.

• 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. *Service charges are estimated and may subject to change.

Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.