£75,000

2 bed flat for sale
Franklin Gardens, Didcot, Oxfordshire OX11

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Shared ownership
  • Leasehold

Added on

SOWN - Shared Ownership

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About this property

  • Modern shared ownership apartment

  • Two double bedrooms

  • Open plan ktichen/living space

  • Modern bathroom

  • Allocated parking

  • Close to amenities

This superb modern home is available to buy from as little as £75,000 with a 30% share!

Set within a modern development in Oxfordshire, this beautifully presented second-floor apartment offers stylish, low-maintenance living throughout.

At the heart of the home is an impressive open-plan kitchen, dining and reception room a fantastic space for entertaining, working from home or simply relaxing, filled with natural light. The kitchen is fitted with sleek units and ample worktop space, flowing seamlessly into the living area.

Two well-proportioned double bedrooms complete the accommodation, offering excellent flexibility for a home office or guest room. A contemporary family bathroom with a bath and separate shower cubicle, plus a useful storage cupboard, round off this thoughtfully designed apartment.

An allocated parking space provides further convenience and completes this delightful home.

The apartment is well placed for Didcot's excellent range of shops, cafés, restaurants and everyday amenities, including the popular Orchard Centre retail and leisure development, Cornerstone Arts Centre, and a good choice of supermarkets. Green open spaces such as Ladygrove Park and Foxhall Meadow provide plenty of room to relax, while the area is well served by good schools, leisure centres and healthcare facilities.

Commuters are especially well catered for. Didcot Parkway station offers fast, frequent mainline services into London Paddington, as well as direct connections to Oxford, Reading and Bristol. Good road links via the A34 connect easily to Oxford, Newbury and the M4, while the A4130 provides access to Wallingford and beyond. The area also sits within Science Vale, home to major employers including Harwell Campus and the Culham Science Centre. Regular local bus services further support easy, car-free travel.
Pricing & affordability


Full Market Value: £250,000

30% Share Price: £75,000 (rent £436.52pcm)
Minimum 5% Mortgage Deposit (30% share): £3,750
Approximate Service Charges: £96.63pcm*
Lease: 986 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.
Local area connection

Buyer must have a local area connection in order to be eligible. This can be by way of living and/or working in the South Oxfordshire District Council or having immediate family who are currently living. Proof will be required of a local area connection.

*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.

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More information

  • Tenure

    Leasehold (899 years)

  • Service charge

    £1,160 per year

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

  • Report this listing
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Property descriptions and related information displayed on this page are marketing materials provided by - SOWN - Shared Ownership. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SOWN - Shared Ownership for full details and further information.