2 bed semi-detached house for sale

Hermon Road, Banbury OX16

This 2-bedroom, semi-detached house is situated in Banbury, Oxfordshire and is available to purchase through the Shared Ownership scheme.

Full Market Value: £300,000
Share Available: £150,000
Monthly Rent: £350.15
Monthly Service Charge: £34.09
Remaining Lease Term: 121 years

About the Property
The home is comprised of:

An entrance hall with downstairs WC and stairs leading to the first floor
Kitchen
Lounge/diner with access to the garden
Bedroom 1
Bedroom 2
Bathroom

About the Area
Banbury is a historic market town on the River Cherwell in Oxfordshire, England. It had a population of 46,853 at the 2011 census.

Banbury is a significant commercial and retail centre for the surrounding area of north Oxfordshire and southern parts of Warwickshire and Northamptonshire which are predominantly rural. Banbury benefits from a shopping centre, several parks and outdoor green spaces, pubs, restaurants, supermarkets, a health centre, and a hospital.

Banbury is 64 miles northwest of London, 37 miles southeast of Birmingham. Banbury has Stagecoach in Oxfordshire bus services both within the town and linking it with Brackley, Chipping Norton, Oxford and places further afield including Daventry, Leamington Spa and Stratford-upon-Avon.Banbury station is served by Chiltern Railways services to Warwick and Birmingham, both running to London Marylebone via the Chiltern Main Line. Services are also provided by Great Western Railway to Oxford, Reading and London Paddington.

Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.

*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.

Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.