Parklands, Banbury

An end of terraced house offered with no onward chain, located in a popular development within walking distance of many amenities.

Entrance porch | Kitchen/breakfast room | Living room | Master bedroom with shower and handbasin |Second bedroom | Bathroom | Gardens to front and rear | Two allocated parking bays | 50% Shared Ownership Scheme

Providing well-balanced accommodation throughout, a two bedroom end of terraced house benefiting from double glazing and gas central heating.  The property would now benefit from cosmetic updating.  The property is sold on a 50% 'Shared Ownership’ basis. 

Ground Floor

Canopy porch.
Front door.

Entrance lobby.

Kitchen/breakfast room: Stainless steel inset sink unit and drainer. Range of wall and base units. Tiling to splashback areas. Free space and plumbing for washing machine. Space for fridge/freezer. Space for cooker. Wall mounted Glow worm gas  boiler for domestic hot water and central heating.  Double glazed window to front aspect.  Thermostat for heating. Door to living room.

Living room: Fireplace with gas fire.  Stairs rising off to first floor.  Window overlooking garden. Door giving access to garden.

First Floor

Landing: Access to loft.  Door to master bedroom.

Master bedroom: Double bedroom to front aspect. Walkway through to shower cubicle and handbasin.

Bedroom two: Single bedroom to rear aspect.  Airing cupboard housing hot water tank and immersion heater.

Bathroom: Coloured suite comprising of panelled bath, pedestal handbasin and low level WC. Tiling to splashback areas.  Window to rear aspect.

Outside

Rear garden: Enclosed by close board and fencing. Laid to shingle.  Small area of decking. Hardstanding for shed. Gate to side providing access to two parking bays.

Front: Steps and pathway to front door. Areas laid to lawn.  Hedgerow.

Agents Note

50% of the property is owned by Sanctuary Housing and therefore any interested party will be required to submit a formal application to Sanctuary Housing.  For further information on the application please contact Stanbra Powell.

Rent: £240.00 per calendar month.
Lease: 99 years from 31st January 1995.

Who can apply

You can buy a home through shared ownership if both of the following are true:

·         your household income is £80,000 a year or less (£90,000 a year or less in London)

·         you cannot afford all of the deposit and mortgage payments for a home that meets your needs

One of the following must also be true:

·         you’re a first-time buyer

·         you used to own a home but cannot afford to buy one now

·         you’re forming a new household - for example, after a relationship breakdown

·         you’re an existing shared owner, and you want to move

·         you own a home and want to move but cannot afford a new home that meets your needs

For some homes you may have to show that you live in, work in, or have a connection to the area where you want to buy the home.

Check if you’re eligible to buy a home through shared ownership.

If you own a home

When you buy a shared ownership home, you must have:

·         formally accepted an offer for the sale of your current home (called ‘sold subject to contract’ or ‘STC’)

·         written confirmation of the sale agreed (called a ‘memorandum of sale’) including the price and your intention to sell

You must have completed the sale of your home on or before the date you complete buying your shared ownership home.

Older people

If you’re aged 55 or over at the time of buying the home, you can buy up to a 75% share through the Older Persons Shared Ownership (OPSO) scheme. Once you own 75%, you will not pay rent on the rest.

Disabled people

You can apply for a scheme called home ownership for people with a long-term disability (HOLD) if other scheme properties do not meet your needs. For example, if you need a ground floor home.

Priority for members of the armed forces

Sometimes several households make an offer on a home at the same time. Your offer will be prioritised if you’re a serving member of the armed forces.

Your offer may also be prioritised if you previously served in the armed forces. It depends on what your role was.