2 bed terraced house for sale

Tiber Way, Banbury OX16

***available to be reserved off plan***

(Build complete estimated to be Spring 2025)

***shared ownership***

Stonebridge Shaw, on behalf of Paradigm Living, are pleased to be offering this property for sale available on the popular Shared Ownership Scheme.

These new build homes are available to purchase through the Shared Ownership Scheme. This new development at Roman Fields consists of 2 & 3 bedroom houses located in Banbury, Oxfordshire.

Full market value - £275,000

Minimum 45% share £123,750 monthly rent payable on the remaining 55% share is £347.80 and approximate monthly service charges £58.48

The service charge is approximate for the first year and is subject to annual review. The service charge includes buildings insurance and Paradigm Management Fee
Property dimensions

kitchen


10'9" x 15'8" (3.28m x 4.79m)
Living room


12’1” x 12'3” (3.70m x 3.75m)
Bedroom one


11’10” x 15’8” (3.63m x 4.79m)
Bedroom two


11'3" x 15’8" 3.43m x 4.79m

Property is 851 square feet

Leasehold: 990 year term from the date of completion

Key Features:

Bathroom suite with thermostatic shower

Carpet throughout living areas

Amtico flooring in kitchen, bathroom, downstairs toilet and en-suite

Gas central heating

2 allocated parking spaces

Fitted kitchen with integrated oven and hob, washing machine and fridge freezer

To qualify for one of these properties under the Shared Ownership Scheme, you must meet the following criteria.

You cannot currently own a property or have a legal interest in a property (either in the UK or abroad).

We may consider applicants who are currently selling their property, but you must be nearing exchange of contracts, proof of this will be required.

You must be a first-time buyer or existing shared owner.

If you are / have been a homeowner & meet all other criteria, we can submit an exception form to the council for their approval.

Your annual household income must be less than £80,000.

You should not be able to afford to buy the property you are interested in, on the open market.

You must be able to demonstrate that you have a good credit history and can afford the regular payments and costs involved in buying a home.

Must have a living or working connection to the Borough of Broxbourne, please see attached map for reference.

*Please note the Council are required to approve your application & they will be offered based on their priorities cascade

Please note that, these properties are still in the process of being built therefore a viewing can't be arranged & the properties are only available to be reserved off plan.

***Due to varying stages of construction photographs may be of similar properties and are intended to give an idea of the finish of the properties being built but may not represent the final finishes***

Note from the team at Stonebridge Shaw

We always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided. However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person.