Affordable entry into a new Heyford Park community with parking and garden space.
- 25% share priced at £70,000; full value £280,000
- Rent on remaining share £449 per month
- New-build, first-floor two-bedroom apartment
- One allocated off-street parking space included
- Private garden and open-plan living area
- Leasehold with c.124 years remaining
- Broadband speeds very slow; mobile signal average
- Local Lettings Plan applies; eligibility criteria required
A first-floor, two-bedroom apartment offered through Shared Ownership, priced at £70,000 for a 25% share of the £280,000 value. The new-build home sits within the developing Heyford Park community and comes with one allocated parking space, a private garden and contemporary open-plan living. The lease has approximately 124 years remaining and this unit is ready to move into as part of a larger village-style development.
This scheme is aimed at first-time buyers and those who need an affordable route onto the ladder. Monthly rent on the unsold share would be £449, and purchasers can buy larger shares later (staircasing up to 75% possible). The location benefits from good local amenities, community activities, and straightforward road and rail links into Oxford and beyond.
Practical considerations: the apartment is leasehold and subject to the Shared Ownership rules and a Local Lettings Plan that affects allocation priority. Broadband speeds in the area are very slow and mobile signal is average, which may matter for home working. Council tax band is not provided. On the positive side, crime risk is low, flood risk is nil, and nearby schools have good Ofsted ratings, supporting family life in the new village community.
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