Risborough Road, Little Kimble Shared Ownership £95,000

A row of three terrace houses located in the Chiltern Village of Little Kimble which are for sale with shared ownership options, for example for £95,000 a 25% share can be bought with a monthly rental of £653 on the 75% unowned share. Other share options are available subject to the purchaser's finance. The property is being sold off-plan and there is currently no site access. Please note that priority is given to persons with a local connection with either home, or work within Buckinghamshire as defined by Buckinghamshire Council.

Keegan White in conjunction with Red Kite Community Housing are offering four shared ownership properties on this development that is being built by Hayfield Homes. Located on the outskirts of Little Kimble, with the development will provide plentiful outside space to blend in with the neighbouring countryside, in sustainable surroundings. The town of Aylesbury, which has a wide array of retail, leisure and hospitality venues is just over five miles way, and provides the perfect balance between urban and rural living.

The accommodation is well proportioned, with living room, kitchen and guest WC to ground floor, with two bedrooms and bathroom to the first floor. The house will be finished to a good quality standard throughout, with carpets to living areas, vinyl flooring to kitchen and bathroom. The kitchen will be fully equipped with washing machine, fridge freezer, dishwasher, oven, hob and extractor fan. The house has a private garden and parking for two cars, and heating to the property is with a super efficient air source heat pump.

Shared ownership provides an excellent alternative to renting and allows buyers to enter the housing market into a property in a way that suits their own particular needs finances. Buyers can purchase a proportion of a property from 10% upwards, paying an affordable (2.75%) monthly rent on the unowned share. These shared ownership properties come with a very long Lease and over time owners can increase the percentage share they own up to the full 100% Freehold ownership.

Service Charge: £504 (to be verified by solicitor)
Lease length: 990 years (to be verified by solicitor)

Shared ownership examples:

25% shared ownership costs £95,000 & the monthly rent would be £653.
50% shared ownership costs £190,000 & the monthly rent would be £435.
75% shared ownership costs £168,750 & the monthly rent would be £217.