SHARED OWNERSHIP
Wilson House
Wilson House, Armstrong Road, Oxford, Oxford, OX4 4QY
Resale Shared Ownership
(Share Price (60%) - £201,000
Full Value Price £335,000
(Share Price (60%) - £201,000
Full Value Price £335,000
2 Bedrooms
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SHARED OWNERSHIP
Wilson House
Wilson House, Armstrong Road, Oxford, Oxford, OX4 4QY
Resale Shared Ownership
(Share Price (60%) - £201,000
Full Value Price £335,000
(Share Price (60%) - £201,000
Full Value Price £335,000
2 Bedrooms
Property reference number: 1638979
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
Wilson House is a fantastic two-bedroom, first floor apartment with ensuite, private balcony and secure underground cycle storage.
Wilson House is located in the vibrant suburb of Littlemore, just 3 miles south of Oxford City Centre. Offering the convenience of city living, in a true village setting, Wilson House presents an enviable location with its own distinctive charm and strong sense of community.
Recently revealed as one of the top locations to live in the UK, Oxfordshire is a desirable place to call home, with Wilson House superbly placed for local amenities all within walking distance, giving residents the essentials on their doorstep.
Wilson House is located in the vibrant suburb of Littlemore, just 3 miles south of Oxford City Centre. Offering the convenience of city living, in a true village setting, Wilson House presents an enviable location with its own distinctive charm and strong sense of community.
Recently revealed as one of the top locations to live in the UK, Oxfordshire is a desirable place to call home, with Wilson House superbly placed for local amenities all within walking distance, giving residents the essentials on their doorstep.
Close to Wilson House is Littlemore Park, a charming green space located in the heart of the suburb, with a playground and a skate park, making it popular for families. The property is also nestled between the Cotswolds and the Chiltern Hills AONB, providing an idyllic setting surrounded by natural beauty and character, where residents can explore well-trodden footpaths and watch the changing seasons transform the views.
The property comprises:
- Entrance: Hallway with large storage cupboard and utility room.
- Living room: Spacious lounge with lots of natural light and open plan kitchen. Laminate flooring.
- Kitchen: Light gloss white base and wall units and granite effect worktop. Integrated appliances in excellent condition. Laminate flooring.
- Bedroom one: Double bedroom with fitted wardrobe. Carpeted flooring.
- Bedroom two: Double bedroom. Carpeted flooring.
- Bathroom: White suite comprising panelled bath with shower head, WC and hand washbasin with shelving and large mirror over. Tiled flooring.
- Ensuite: White suite comprising panelled bath with shower head, WC and hand washbasin with shelving and large mirror over. Tiled flooring.
- Outside: Private balcony and secure underground cycle storage.
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
• Tenure: Leasehold
• Remaining lease term: 97 years
• Annual ground rent amount: £0
• Ground rent review period: No ground rent to pay until final staircasing.
• Annual service charge amount: £1,963.56
• Service charge review period: Annually
• Council tax band: C
• Remaining lease term: 97 years
• Annual ground rent amount: £0
• Ground rent review period: No ground rent to pay until final staircasing.
• Annual service charge amount: £1,963.56
• Service charge review period: Annually
• Council tax band: C
*Financial information correct as of 06.11.2023
Financials*
Full Value
£335,000
Share Price
£201,000
Share Value
60%
Monthly Cost
£1,577
Monthly Mortgage
£1,085
Monthly Rent
£329
Monthly Service Charge
£164
Minimum Household Income
£57,500
Maximum Household Income
£90,000
Deposit Required
£20,100
*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.
Location
Wilson House, Armstrong Road, Oxford, Oxford, OX4 4QY Open in Google Maps
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