2 bedroom maisonette for sale

Located in Lower Shiplake, two and a half miles south of Henley-on-Thames, is this new residential development being built by Beechcroft Homes. Four of these properties are available to buy under shared ownership, whereby a buyer purchases a part (percentage share) of the property and then pays 2.5% rent on the unowned share. The properties will be completed with kitchen appliances, bathroom fittings, flooring, and carpeting; all ready for the new owners to move into and enjoy. The asking price is for a 25% share purchase, however buyers can increase the share they purchase by 'staircasing' to higher percentages of ownership. Kindly note that the development is under construction, with completion due in August. As such, physical viewings are not available and this is being sold off-plan. The purchaser will be able to view the property prior to exchanging contracts on the purchase. Please call Keegan White today to register your interest and discuss any queries.

THE PROPERTY
This first floor maisonette is due for build completion late 2025, or early 2026, subject to the developer's progress and will be prepared for immediate occupancy. The private front door opens to the entrance lobby with stairs rising to the first floor with the secondary front door giving access to the apartment. The property is very suitable for modern living with an open plan kitchen living room that also has twin doors that open onto a balcony. The kitchen area has a range of storage units above and below the kitchen worktop, with stainless steel sink & drainer, electric oven, ceramic hob, extractor fan, washer/dryer, and integral fridge/freezer. The two bedrooms are both doubles and the family bathroom suite is complete with a panel bath with overhead shower, hand basin, WC, heated towel rail and extractor fan. Externally, there is allocated parking for one car, and communal gardens. The property's heating has a low carbon impact with air source heat pump to radiators.

THE LOCATION
Lower Shiplake is situated a short distance from the River Thames and offers a good range of sporting and leisure clubs. The village has a Post Office, convenience store, a well-regarded butcher, and a few local pubs. There is a Church of England School and a highly regarded private school in the village, with further options in the neighbouring towns of Henley-on-Thames and Twyford.

Please note that in accordance with the planning requirements, any purchaser must be approved by the local authority and that they must have a local connection to south Oxfordshire.

Shared ownership options
25% share purchase price £110,000 - 2.5% rent on the unowned share = £688 pcm
50% share purchase price £220,000 - 2.5% rent on the unowned share = £458 pcm
75% share purchase price £330,000 - 2.5% rent on the unowned share = £229 pcm

There are onsite service charges for the roads, drainage, communal gardens and insurance, which is currently £653.16 pa, or £54.43 pcm. To be verified by solicitor

Tenure: Leasehold
Lease Years Remaining: 990
Ground Rent: £0.00 per year
Ground Rent Review Period: 0 years
Ground Rent Increase: 0%
Service Charge: £653.00 per year
Shared Ownership (%): 25%
Shared Ownership (Rent): £688.00 per month