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- 14 Oakfield
- 14 Oakfield, 14, Oakfield, Rickmansworth, WD3 8LP
14 Oakfield, 14, Oakfield, Rickmansworth, WD3 8LP
14, 14 Oakfield, 14, Oakfield, Rickmansworth, WD3 8LP
Shared Ownership Semi-detached house
Charming 2-bedroom house currently under renovation in Rickmansworth and available through Shared Ownership!
This two-bedroom home is currently undergoing a full renovation, and will offer a fully integrated kitchen, alond with seperate and spacious living and dining areas, and two generously sized bedrooms. This home benefits from ample storage space and a sleek, contemporary bathroom.
Key Features
- Two spacious double bedrooms
- Under renovation
- 990-year lease
- Excellent transport links from Rickmansworth station into the City
- Contemporary fully fitted kitchen with integrated appliances
- Plush fitted carpets in both bedrooms for added comfort
- Private garden
- Parking
Key Information
- Tenure: Shared Ownership
- Available Shares from: 30%
- Full Market Value: £TBC
- Share Value (initial purchase) from: £TBC
- Rent (on unsold equity): £TBC per month
- Service Charge: £TBC per month
- Lease Length: 990 years
- Council Tax Band: C
Please note that higher shares may be available to purchase. The final share amount will be discussed and agreed upon during your financial assessment.
Development & Location
Mill End is a rural village located on the outskirts of Rickmansworth, Watford. Mill End is home to plenty of open green spaces, such as farms and woodlands, whilst also being extremely well connected by road and rail, with close proximity to the M25 and M1, connecting residents with ease to London and other major cities. Whilst being a small, quiet village, Mill End also provides residents with an abundance of shops, restaurants, cafes, leisure facilities and top-rated schools, making it the perfect place for families and professionals looking for a well-connected community to call home.
Eligibility
Shared Ownership is designed to help first-time buyers and those who do not currently own a home get onto the property ladder.
To be eligible, you must:
- Have a household income of under £80,000
- Be unable to purchase a suitable home on the open market
- Have a good credit history and be able to obtain a mortgage
Shared Ownership is a government-backed scheme that helps people get on the property ladder. You start by buying just a share of your home. You'll typically only need a 5% deposit of the share you purchase, making it more affordable to get started. Buying a smaller share also means it can be easier to secure a mortgage and take your first step onto the property ladder.
You can buy more shares of your home at any time in the future, working towards owning your home outright.
This property is currently undergoing an extensive programme of refurbishment and to be sold in a completed state. The property will benefit from new kitchen, flooring, bathroom and decoration together with guarantees on electrics and other utilities and will benefit from a 6-month defects liability warranty.
Eligibility for Shared Ownership
In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:
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You must be at least 18 years’ old with a clean credit history
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Your annual household income must be less than £90,000 in London, or £80,000 outside of London
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You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
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You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments
Find out what you can afford
Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.