Kingston Park

3 bedroom homes in Kingston Park, off Witney Road, Kingston Bagpuize, Vale of White Horse, OX13 5AN

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £140,000 for 40% share
Full price from £350,000
Min deposit from £7,000
Monthly rent from £481
Service charge from £62
Bedrooms 3
Bathrooms 1 - 2
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Four 3-bedroom semi-detached houses available for Shared Ownership, built by Bloor Homes, in this attractive South Oxfordshire/Berkshire borders village of Kingston Bagpuize in the Vale of White Horse.

Two 2-bedroom and a further two 3-bedroom homes will also be available in early 2019.

With Oxford and Bicester Village to the north together with Swindon and the Valley of the Racehorse to the south there is a lot to entice families looking for an affordable step on to the property ladder in this semi-rural and well connected area.

To register your interest or for further details please contact Thomas Merrifield: Abingdon Office on 01235 538 000 or e: abingdon@thomasmerrifield.co.uk 

  

Local area information

With Oxford and Bicester Village to the north together with Swindon and the Valley of the Racehorse to the south there is a lot to entice families looking for an affordable step on to the property ladder in this semi-rural and well connected area.

Status Plot No. Floor Beds Min share price Eligibility
Available 26 House 3 £140,000 View details
Available 51 House 3 £140,000 View details
Reserved 40 House 2 £118,000 View details
Reserved 41 House 2 £118,000 View details
Reserved 27 House 3 £140,000 View details
Reserved 50 House 3 £140,000 View details
View More

FAQ's

Min share price from: £140,000 for a 40% share
Full price from: £350,000
Minimum deposit from: £7,000
Monthly rent from: £481
Bedrooms: 3
Bathrooms: 1

There are 2 available ranging from £140,000 for a 40% share to £140,000 for a 40% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Kingston Park

3 bedroom homes in Kingston Park, off Witney Road, Kingston Bagpuize, Vale of White Horse, OX13 5AN

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £140,000 for 40% share
Full price from £350,000
Min deposit from £7,000
Monthly rent from £481
Service charge from £62
Bedrooms 3
Bathrooms 1 - 2
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes