2 bed flat for sale

Offutt Drive, Bicester, Oxfordshire OX25

Bright and modern two bedroom flat now available in Bicester through Shared Ownership.

The property located on the second floor features an entrance hallway, open plan kitchen and living space, one bathroom and two bedrooms.

The property offers residents one allocated parking space and a communal courtyard garden area.

So Resi are marketing this property for sale on behalf of the landlord, Simply Affordable Homes

All enquiries will be initially assessed by So Resi to confirm eligibility. Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.

Information on the criteria and requirements for shared ownership can be found here:

Shared Ownership Eligibility & Affordability Criteria

For the purposes of processing and progressing your application, your personal data may be shared with Simply Affordable Homes., Pinnacle Group and the existing shared owner in accordance with our Privacy Policy.

If you would like a copy of our Privacy Policy, please refer to so Resi Privacy Policy or contact us directly.

What's Shared Ownership & How Does It Work? A Complete Guide

A simple guide to Shared Ownership. Learn how the scheme works, who can apply, the costs involved and how to buy your first home with so Resi.

Available for £110,000 for 40% share based on the marketing figure of £275,000.

Monthly rent - £432.87
Monthly Service Charge - £190.26
Total Monthly Charge - £623.13 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is situated within the modern Heyford Park development in Upper Heyford, a popular residential community offering convenient access to a good range of local amenities. The nearby Heyford Park Centre provides everyday essentials including a supermarket, pharmacy, cafés, a hotel, pub, and other local services.Additional shopping, leisure facilities and the renowned Bicester Village retail outlet can be found in nearby. Bicester, approximately 8 miles away.

Transport links are excellent, with Heyford Railway Station approximately a 5-minute drive away, providing regular services to Oxford, Banbury, and connections onwards to London Marylebone. The development is also well positioned for access to the A34, A43 and M40. Local bus services operate within the development and connect to surrounding towns and villages.

Residents benefit from a range of green spaces and leisure facilities throughout Heyford Park, including parks, play areas, sports pitches, walking routes and access to the surrounding Oxfordshire countryside. The nearby Oxford Canal and Cherwell Valley offer attractive walking and cycling opportunities.

The area is well served by schools, making it particularly appealing to families.

EPC rating

Energy performance rating band - B

Environmental impact rating band - B

Other informationHow we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.