Affordable new three-bed home ideal for first-time buyers near transport and schools.
Brand-new three-bedroom end terrace with en suite to principal bedroom
Available via Shared Ownership; 40% share from £158,000
Allocated off-street parking and enclosed rear garden
Approx. 887 sq ft; long lease (990 years)
About 2 miles from Banbury train station; good commuter links
Estimated service charge ~£60pcm; annual rent/service reviews apply
Broadband speeds reported as slow; average mobile signal
Leasehold tenure — ongoing rent on unsold share applies
This brand-new three-bedroom end terrace at Wykham Park offers a practical, affordable route onto the property ladder via Shared Ownership. The ground floor has a kitchen/diner, separate lounge and cloakroom; upstairs are three bedrooms, an en suite to the principal room and a family bathroom. The enclosed rear garden and allocated off-street parking add everyday convenience.
Located about 2 miles from Banbury train station with easy access to local shops, hospital and planned community facilities, the home suits first-time buyers seeking good commuter links (M40 nearby) and local schooling options. The development is in a generally affluent, low-crime area and comes with a long lease (990 years).
Shared Ownership reduces the upfront cost: a 40% share is priced at £158,000 (with indicative rent and service charge). Buyers should budget for ongoing rent on the unsold share, an estimated service charge, and annual rent reviews. Council tax band is not yet confirmed.
Practical considerations: the property is leasehold and sold under a Shared Ownership scheme, broadband speeds are reported as slow, and the home is new so final finishes and exact specification may vary from marketing images. On balance, this is a straightforward, low-maintenance new build aimed at buyers prioritising affordability, commuting, and access to local schools.
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