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29 Tom Gaughan Way

Shared ownership

Tom Gaughan Way, Didcot, OX11 6JD

For sale
Shared ownership
Photo of 29 Tom Gaughan Way
Live from space album cover

from

£122,000

with min. deposit

£6,100

40% Share from
£122,000
Full market price
£305,000
Minimum deposit
£6,100
Monthly rent
£438
Monthly service charge
£3.44

2 bedroom end of terrace house

ABOUT THE HOME

The entrance hall to this wonderful property has laminate flooring, stairs leading to the first floor, a built in storage cupboard, and downstairs W.C. The kitchen has a range of cream floor and wall units with a wooden work top. The kitchen benefits from built in appliances such as an oven, a hob, and extractor fan with spaces for a washer/dryer and fridge/freezer. The kitchen has linoleum flooring and a window with views out to the front of the property. The living/dining room is located at the rear of the property and also has stylish laminate flooring. The room benefits from TV, SKY/Cable and telephone points, and room for …

Features

Allocated parking

Private Garden

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years123
Key Information Document

from

£122,000

with min. deposit

£6,100

40% Share from
£122,000
Full market price
£305,000
Minimum deposit
£6,100
Monthly rent
£438
Monthly service charge
£3.44
Aster

Aster

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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