Plot 1 – 18 Frances Curtis Court, Wallingford
£243,750 for a 75% share
Our Retirement Living apartments for over 55’s. One and two bedroom homes available through Shared Ownership.
Frances Curtis Court, Empress Drive, Wallingford, OX10 0FY Accessed via King Henry Ave from the A4130
A two bedroom apartment in this stunning development. Available as Shared Ownership, £243,750 for a 75% share (full market value £325,000). No rent would be payable. Smaller percentages can be purchased although rent would then be payable – please ask for full details.
There are 38 Shared Ownership apartments situated over three floors. All flats are fully accessible with wide hallways and lifts to all floors. Benefits include communal wifi, lounge and hair salon. There is a communal parking area and stunning landscaped gardens.
Designed to provide independent living for people with the additional of some extra domiciliary support if required, this is not a care home but offers support for people who have low needs, as well as those who have mobility or health problems. Domiciliary care staff are on duty day and night. Living here offers you the privacy and independence and flexibility of essential on-site care services.
There is a service charge of £396.88 per month and an additional core care charge of £45 per week for use of a 24/7 emergency call system to alert staff.
These apartments are due for completion in early 2023 and can be reserved now. For more information on the application process, please contact our sales team.
Property Share Calculator
Important Notice: Our calculators offer general guidance only and cannot be relied on as a confirmation for mortgage finance. All buyers must receive financial advice from a FCA authorised advisor and be able to submit a lender’s mortgage decision in principle with their application to buy a property.
Choose your percentage share:
Property Value: £325,000
Percentage Share: %
Share Value: £
Estimated Monthly Service Charge: £396.88
Monthly Rent: £0
Minimum deposit required for share: £12,188
The availability of different percentage shares will be subject to financial assessment by Soha Housing Limited.
A service charge is payable to typically cover items such as communal area cleaning, grounds maintenance, buildings insurance etc. Please ask the Home Sales Team for a breakdown of the service charge for the plot you are interested in.
Please remember that your total monthly payment is the rent and service charge plus the mortgage payment you will make on the value of the percentage share you buy.
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee. When you’re ready, in most cases you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria:
- Your household income does not exceed £80,000
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
DISCLAIMER
Service charges are estimated and may subject to change.
Computer generated images are intended for illustrative purposes only and may not represent the actual finish or fittings in the development. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. Purchasers should view the property to check for themselves the final appearance and style.