Property Description

A three-bedroom home set on the popular Sycamore Rise development to the south of the town centre. The property is offered to the market on a shared ownership basis and can be staircased if required. For further information about a shared ownership purchase please contact us. The home offers an entrance hall, kitchen to the front, large downstairs cloakroom and a well-proportioned L-shaped sitting/dining room to the rear. Upstairs are two double bedrooms a further third single room and the three piece family bathroom. The private enclosed rear garden is laid to lawn, has a patio and garden shed. To the front is off road parking for two vehicles.

About Thame

Thame is a bustling market town surrounded by beautiful countryside with many walks, including the Phoenix Trail. Thame spreads out from the historic market place and there are numerous high quality independent shops including butchers, bakers and delicatessens, in addition to Waitrose and the usual chains. There are weekly markets and other amenities include: the sports centre, Lord Williams Secondary School and a variety of restaurants and pubs. Haddenham Parkway Station is less than three miles from the town centre and the M40 is under 10 minutes’ drive.

Affordability

Full Market Value: £450,000
Current Share: 60% - £270,000
Monthly Rent: £375.36
Monthly Service Charge: £49.04
Lease term remaining: 125 years from September 2020

Eligibility Criteria

You must be at least 18 years old.
Outside of London your annual household income must be less than £80,000.
You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
You should not be able to afford to buy a home suitable for your housing needs on the open market.
You must show you are not in mortgage or rent arrears.
You must be able to demonstrate that you have a good credit history.

Material Information

Tenure - Leasehold (Shared Ownership)
Council Tax Band - D £2437.52 2024/5
Broadband - FTTP (fibre to premises)
Parking - Off Road Parking
Sewerage - Mains
Heating - Mains Gas Central Heating

Council tax information is sourced directly from the council & government database. Tenure information and any associated charges are provided to the best of our vendor’s knowledge. Type of broadband is sourced from the 'Openreach fibre checker' website and indications on available internet speeds and mobile phone coverage can be found using Ofcom's 'mobile & broadband checker'. Please seek independent legal advice for clarification.