£73,500

2 bed flat for sale

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  2. Property photo 2 of 9.
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Shared ownership
Leasehold

£73,500

2 bed flat for sale

Field Close, Buckingham MK18

2 beds
1 bath

Key Information

Tenure:
Leasehold
Time remaining on lease:
108 years
Service charge:
£104 per month
Council tax band:
Ground rent:
£0
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Finmere Church of England Primary School 1.3 miles
  • Roundwood Primary School 1.5 miles
  • Bicester North 7.5 miles
  • Bicester Village 8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Private garden
  • Off street parking
  • Central heating
  • Double glazing
This two bedroom ground floor flat, is an ideal opportunity to get on to the property ladder with Hastoe. It is being sold under the shared ownership scheme whereby you purchase a share in the property and pay a reduced rent on the remaining Hastoe equity.

EPC= C79

Term remaining on lease: 108 years

Property features:
Allocated parking space
Private garden
Fitted kitchen
Gas central heating
Double glazing
Over-bath shower

Kitchen: 3.6m x 2.7m

Living room: 3.9m x 2.74m

Bathroom: 1,8m x 2.1m

Bedroom 1: 2.7m x 2.7m

Bedroom 2: 2.2m x 2.7m

Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Have a local connection to the area.

Costs:
Full Market Price: £210,000
Minimum Share: 35%
Share Value: £73,500
Monthly Rent: £296.24
Service Charge pcm (including buildings insurance): £103.55
Total Monthly Charge: £399.79
Next rental increase: April 2024

Apply online via the Hastoe sales website

What is shared ownership?
Shared ownership is a scheme designed to help those who wouldn’t otherwise be able to purchase a home of their own. This may be because you can’t meet the full mortgage repayments, save a sufficient deposit, or both. With shared ownership, you buy a percentage of your home and pay a reduced rent on the share you don’t own

This property has restricted staircasing to ensure the property remains affordable for future generations of local people.

How does shared ownership work?
You will buy a percentage share of a home, independently priced at market value. Hastoe will charge you rent on the share you don’t own plus a service charge. This service charge covers things like buildings insurance and estate maintenance.

About Hastoe:
Hastoe owns and manages over 7,500 homes in 70 local authority areas. Our properties are predominantly rural and we specialise in providing sustainable and affordable rural housing to enable local people to remain within their communities.

There are some planning applications within 0.5 miles of this home

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Floor plans and tours

Floor plans

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Tours

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Listed by

Hastoe Housing - Resale Properties

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Property descriptions and related information displayed on this page are marketing materials provided by - Hastoe Housing - Resale Properties. 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 Hastoe Housing - Resale Properties for full details and further information.

  1. Zoopla
  2. For sale
  3. Buckinghamshire
  4. Buckingham
  5. Tingewick
  6. Field Close

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