Otley Way

End of terrace house
Plot 23
23  Otley Way , South Oxhey , Watford , WD19 7TA

Ref: TSOS000770
We are pleased to offer to the market this refurbished two bedroom home in a much sought after location and available on the shared ownership scheme. Price shown is for a 40% share.

The property comprises of an open plan kitchen/diner/living area, downstairs bedroom/study and cloakroom. Upstairs you will find the master bedroom and bathroom.

Shared Ownership

Shared ownership provides an affordable way for you to become a homeowner, by buying a share in a new home and paying a subsidised rent on the remaining share. You can then purchase further shares in your home, up to 100%, which we call "staircasing". As further shares are purchased the rent reduces accordingly.

The rent payable based on a 40% share would be £427.50 pm (based on a Full Market Value of £285,000). Plus, you will pay a service charge of £34.58 pm (to include buildings insurance).

You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.

Location

South Oxhey is located within the rural parish of Three Rivers District and lies close to Carpenders Park Station (London Overground) and Watford town centre.

Boasting easy access to a range of essential amenities - shopping, education facilities and recreational/leisure activities, Watford has everything required in a cosmopolitan environment, whilst also offering short travelling distances to countryside and a more rural village lifestyle.

The area is served by excellent road connections with the M1 (Junction 5) and A41 within 5.5 miles, and Central London (Euston) accessible by train within just 18-minutes from Watford Junction.


Dimensions




2 Bedrooms
0 Parking Space

1 Bathroom
From 40% Share

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