Summary - Paintin Road, Banbury, Oxfordshire OX16 9UN
2 bed 1 bath Terraced
Affordable Shared Ownership near Banbury with garden and parking.
Brand-new 2-bed mid-terrace, 759 sq ft
Shared Ownership from 40% — £132,000 (rent payable on remainder)
Open-plan lounge/kitchen/diner plus ground-floor cloakroom
Enclosed rear garden and off-street parking included
Long lease (990 years) — strong ownership security
Estimated service charge ~£60 pcm; rent reviewed annually
Slow broadband in area; mobile signal average
Located ~2 miles from Banbury station; good M40 commuter links
This brand-new two-bedroom mid-terrace on Paintin Road is offered through Shared Ownership, allowing first-time buyers to purchase from a 40% share (£132,000) of a 759 sq ft modern home. The open-plan lounge/kitchen/diner, ground-floor cloakroom and enclosed rear garden deliver practical family living across two floors, with allocated off-street parking included.
Located around two miles from Banbury train station with good road links to the M40, the home sits in Wykham Park — a growing neighbourhood with planned new school, community and play facilities. The specification shown is contemporary (modern kitchen, gas hob, integrated oven) and the long lease (990 years) offers security for shared-ownership purchasers.
Be clear on the ongoing costs: the purchase involves rent on the unsold share (examples provided) plus an estimated service charge (~£60pcm) and housing association reviews of rent and service charges. Broadband in the area is reported slow and the property is leasehold, so buyers should factor in eligibility criteria and running costs before committing.
For a buyer seeking an affordable route onto the property ladder close to Banbury’s commuter links and future community facilities, this new build offers low-maintenance modern living with genuine scope to increase ownership through staircasing.
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