- Shared ownership; 25% share available at £46,250
- Open-plan kitchen/reception; compact and efficient layout
- Double bedroom; total internal area about 431 sq ft
- Allocated off-street parking included
- Service charge approx £1,578.48 per year (£131.54 monthly)
- Leasehold with 83 years remaining; lease extension likely necessary
- Crime reported above average; consider security and insurance
- Fast broadband, excellent mobile signal, close to amenities
A compact one-bedroom shared ownership flat in central Witney offering an affordable route onto the property ladder. The open-plan kitchen/living room and double bedroom sit within a contemporary low-rise block built 2007–2011, with off-street allocated parking and fast broadband — convenient for everyday life and commuting. Monthly costs include rent on the unsold share plus a service charge of approximately £131.54; council tax is described as cheap.
Important practical points: the property is leasehold with 83 years remaining. That remaining term is short enough to make future mortgage and resale considerations material; lease extension costs should be investigated before purchase. Crime in the area is reported above average, so buyers should consider security and insurance implications.
This flat suits first-time buyers seeking an entry-level share in a modern development close to shops, schools and local services. It also offers potential for buyers to stair‑buy additional equity over time, but requires realistic budgeting for ongoing service charges, rent on the retained share and any lease extension work.
