Low-carbon first-floor two-bed with balcony — affordable shared ownership in Hook Norton.
40% shared ownership available, share price £114,000
A bright two-bedroom, first-floor apartment in a modern, low-carbon development at Hook Norton. The open-plan living/kitchen flows onto a private balcony, giving a pleasant outdoor spot for morning coffee or evening relaxation. The home is carpeted throughout and built in 2022, so finishes are contemporary and low-maintenance.
This scheme is designed for energy efficiency: high EPC A rating, solar PV with battery storage, MVHR and on-site EV charging. That translates into very low running costs and a smaller environmental footprint — attractive if you prioritise sustainability and predictable bills.
Offered at 40% shared ownership (£114,000 for the share; full market value £285,000) with a minimum 990-year lease and the option to staircase in 1% increments. Monthly service charge is modest at an estimated £127.55 and council tax band is inexpensive. Shared facilities include a community building, guest rooms, co-working space and communal garden with food-growing areas.
Important practical points: this is a leasehold/shared-ownership product with eligibility checks required and ongoing service charges. Heating is electric with room heaters (no gas), and the apartment has a single family bathroom. The property is an average-sized two-bedroom apartment — suitable for first-time buyers seeking affordable entry or downsizers wanting a low-maintenance, energy-efficient home in a peaceful rural-fringe setting.
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