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2 bedroom terraced house for sale

Sedge Smith Way, Wantage, Oxfordshire
Terraced house
2 beds
2 baths
Added > 14 days

Key information

TenureLeasehold | unconfirmed share | 996 yrs left
Service charge£152.04 per annum
Council taxBand C
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (996 years remaining)
  • Modern Shared Ownership home
  • Spacious kitchen/dining area, ideal for entertaining
  • Private rear garden, mostly laid to lawn – perfect for outdoor enjoyment
  • Convenient driveway parking for two cars
  • Located in the historic market town of Wantage, close to amenities, schools, and countryside
Shared Ownership

This superb modern home is available to buy from as little as £165,000 with a 50% share!

A charming and spacious, this two-bedroom home offers comfortable living across a well-designed layout. The property features a modern kitchen/dining area perfect for entertaining, a cozy sitting room, and a private garden. Upstairs, you’ll find two generously sized bedrooms, providing ample space for relaxation. Externally there is driveway parking for two cars and a good size rear garden, mainly laid to lawn.

Ideally located in the historic market town of Wantage, this home offers convenient access to local amenities, shops, and schools, all while being surrounded by the stunning Oxfordshire countryside. Perfect for those seeking a blend of tranquillity and connectivity.

PRICING & AFFORDABILITY

Full Market Value: £330,000

50% Share Price: £165,000 (rent £455.08pcm)
Minimum 5% Mortgage Deposit (% share): £8,250
Approximate Service Charges: £37.24pcm*
Shared Ownership Lease: approx. 996 years
Council Tax Band: C
Please note, the property has an 80% maximum staircasing restriction

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.

Property information from this agent

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About this agent

SOWN - National
SOWN - National
Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ
023 8221 9179
Full profileProperty listings
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.
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