hope close banbury - rightmovemedia.rightmove.co.uk/111k/110567/brochure_pdf_00.pdf · the hope...

Cherwell Community Land Trust






Hope Close BanburyA development of eleven 2 & 3 bedroom homes

PlansSite plan

For further information visit www.cherwell.gov.uk/build

Contact a member of the Build! team on [email protected] or call 01295 221615



A rare opportunity has arisen for prospective buyers to create their dream home through a pioneering shared ownership development in the historic market town of Banbury.

A selection of two and three bedroom houses will be built to a finished watertight ‘shell’ standard on the Hope Close, Banbury, allowing the homes’ new owners to benefit from a discount on their home in return for the investment of their skills and labour.

In exchange for completing the projects, the buyer will receive a £10,000 discount on their share of the purchase price and have the benefit of being able to select from a range of final fittings. The development will consist of two x two-bedroom houses and nine x three-bedroom homes all of which will include at least one allocated car parking space.

Inside each two-storey brick home, a hallway will lead to a kitchen, lounge and downstairs cloakroom. Each property will also have space for a dining area in either the kitchen or lounge.

Upstairs all properties will have bedrooms and a family bathroom with space for a WC, basin and bath.

Outside, space has been set aside for a rear or side garden to be finished to the owners’ taste. Many (although not all) will have gated access.

The properties will be available as watertight ‘shells’, complete with double glazing. In exchange for the discount on the purchase price, new owners will be responsible for;

• Plasterboarding internal walls and ceilings

• Fitting kitchen units

• Doors, architraves and skirting boards

• Landscaping gardens

• Painting/ decorating/ tiling

However a free training course and ongoing support during the building process will mean that you can develop the skills necessary to complete the work, so no experience is necessary – just the motivation and commitments to complete the work and a willingness to learn.

The properties are available on a shared ownership basis with a minimum purchase price of 50 per cent. Equity stakes can be increased by a minimum of five per cent at any time up to a maximum ownership of 100 per cent. Rent on the remaining share will be at one per cent of the property’s value plus a monthly service charge.

The houses are being offered by Cherwell District Council. All interested buyers must be registered with the Homebuy agent, Help to Buy South - www.helptobuysouth.co.uk

For more information contact Sarah McIntyre at Cherwell District Council on 01295 221615 or email [email protected]

To start

Autumn 2014



Plot One Tucked away behind the church, Plot One is a two-bedroom home in a cul-de-sac location suitable for young professionals trying to get their first foot on the property ladder.

The semi-detached house offers a parking space to the left and is set back from the pathway by a small front garden.

Inside, the entrance hall encompasses stairs rising to the first floor, a small alcove suitable for a book case and a WC with space for a toilet and wash hand basin.

A doorway on the left of the entrance hall leads to the spacious living room which offers a cupboard for storage and has windows looking out across the front and rear of the property.

On the opposite side of the hallway, adjacent to the living room door, is a doorway leading to the kitchen/ dining room. The kitchen overlooks the front of the house while to the rear is the dining room with patio doors leading out into the back garden. A pair of double doors to the rear of the dining room leads to a small space suitable to house a washing machine.

From the hallway, the stairway leads to landing providing access to two double bedrooms, separated by a bathroom. The first bedroom has windows to the front and side of the property while across the hallway, the slightly smaller second bedroom has a large window to the front.

The bathroom, which is located between the two bedrooms has a window and space for a bath, wash hand basin and toilet.

To the rear of the property is a private garden providing space for alfresco dining and entertaining.

Plot One is priced at £165,000 and is available on a 50 per cent shared ownership basis for £82,500. Rental fees will apply for the remaining 50 per cent share plus a monthly service charge.

Interested buyers must be registered with Help to Buy South - www.helptobuysouth.co.uk

Plot TwoFirst time buyers or young professionals would be perfectly suited to this semi-detached house offering two good-sized bedrooms.

Set back from the pathway behind a small front garden, the property also benefits from a parking space to the right of the house and enjoys a quiet cul-de-sac location.

Inside, the entrance hall offers a small alcove for a book case, has stairs leading to the first floor and provides access to the WC which offers space for a toilet and wash hand basin.

The left of the hallway is a doorway leading to the kitchen and dining room while to the right is the living room. The kitchen overlooks the front of the house while the dining room is situated to the rear with patio doors leading out into the garden. A pair of double doors hides a purpose built space for a washing machine.

In the living room there are windows to the front and rear and a cupboard provides convenient storage space.

Upstairs, there is a landing leading to two double bedrooms, separated by a bathroom. The first bedroom has a window to the front and side while the slightly smaller second bedroom has one large window overlooking the front. The bathroom has a small window and space for a bath, wash hand basin and toilet.

Outside there is a small private garden to the rear of the property.

Plot Two is priced at £165,000 and is available on a 50 per cent shared ownership basis for £82,500. Rental fees will apply for the remaining 50 per cent share plus a monthly service charge.




Plot ThreeOffering ample living and storage space, this end-of-terrace property in a cul-de-sac setting is an ideal option for growing families.

To the left of the house in an open space/ habitat area while to the front there are parking spaces. The property is set back from the pavement by a small front garden.

On entering the house there is a hallway providing an alcove area for coats, storage space behind two sets of double doors and space for a washing machine which is hidden behind a further pair of double doors.

To the right of the front door is a WC/ shower room with space for a shower, wash hand basin and toilet. Also to the right of the property are dog-legged stairs rising to the first floor with space for book storage.

To the left of the front door is the entrance to the open plan living/ dining room which has a large window to the front, patio doors leading out on to the rear garden and further alcove space for book storage. The room leads into the kitchen, which is located to the rear of the house and has a door opening into the garden. The kitchen can also be accessed from the entrance hall.

Upstairs the landing leads to three bedrooms and the family bathroom. The master bedroom has a large window overlooking the rear garden while the second bedroom, located at the front of the house, offers two smaller windows. The third bedroom, which is the smallest of the three, is also located to the rear of the house and looks out over the back garden.

The landing also provides further storage space, as does the family bathroom which has space for a three piece suite comprising a three piece suite comprising bath, toilet and wash hand basin. There are also two small windows to the front.

Outside there is a private rear garden providing a comfortable play space for children or an alfresco entertainment space for adults.

Plot Three is priced at £192,500 and is available on a 75 per cent shared ownership basis for £144,375. Rental fees will apply for the remaining 25 per cent share plus a monthly service charge.


Plot FourBoasting a spacious, open plan design, Plot Four offers ample room to accommodate growing families and is set is quiet cul-de-sac location.

The mid-terrace property includes parking to the front, a private garden to the rear and is set back from the pavement by a small front garden.

On entering the house, the large entrance hall provides access to the living/ dining room, kitchen and WC/ shower room. It also incorporates an alcove for coats, storage space hidden behind two double doors and designated space for a washing machine behind a third set of double doors.

To the right of the front door is the WC/ shower room which has space for a toilet, wash hand basin and shower.

In the kitchen, there is a storage room, window overlooking the rear garden and door leading outside. The open plan design leads into the dining/ living room which has patio doors leading into the rear garden and a large window overlooking the front. There is also an alcove space suitable for storing books.

From the hallway, the dog-legged stairs rise to the first floor, with storage space for books running parallel to the stairway.

On the first floor, the landing leads to the three bedrooms, bathroom and a further storage space.

The first bedroom is situated to the front of the house, as is the smaller third bedroom. The large second bedroom has two windows looking out over the front of the property.

In the family bathroom there is room for a bath, wash hand basin, toilet and further built in storage space.

Outside, the private rear garden has space for children to play or adults to host alfresco dining and entertainment.

Plot Four is priced at £192,500 and is available on a 75 per cent shared ownership basis for £144,375. Rental fees will apply for the remaining 25 per cent share plus a monthly service charge.




Plot FiveWith three bedrooms and a large open plan living space this mid-terrace home is well designed to house growing families.

Offering storage opportunities on both the ground and first floors, the house has been designed to maximise the living space.

Set in a cul-de-sac, to the front of the property is residential parking with the house set back from the pavement behind a small front garden.

Inside, the entrance hall leads to all of the ground floor rooms plus the dog-legged staircase and built-in storage facilities.

To the right of the front door is the WC/ shower room with toilet, wash hand basin and shower while directly in front of the entrance is an alcove suitable for hanging coats.

Continuing along the hallway to the rear of the house, there are two pairs of double doors offering storage space and opposite, a third set of double doors hide space for a washing machine.

At the end of the hallway is the kitchen with a storage area, window overlooking the rear garden and doors leading outside. The kitchen leads round into the open plan living/ dining room which boasts a large window to the front, patio doors opening into the rear garden and an alcove suitable for storing books.

There is further book storage space running along the staircase. Upstairs, the landing leads to the three bedrooms, bathroom and a further storage cupboard. The master and smaller third bedrooms are both located to the rear of the property with windows overlooking the rear garden while to the front, the second bedroom benefits from two windows.

The family bathroom has a bath, wash hand basin, toilet and further storage space. There is also a window.

Outside the private garden provides space for children to play and adults to entertain.

Plot Five is priced at £192,500 and is available on a 60 per cent shared ownership basis for £115,500. Rental fees will apply for the remaining 40 per cent share plus a monthly service charge.


Plot SixHomebuyers looking to purchase the perfect family home will find space, storage and garden at Plot Six.

The mid-terrace home is located in a cul-de-sac and offers three bedrooms, parking and an open plan design suitable to accommodate the needs of a growing family.

On entering the house, the large hallway spans all directions to provide access to the ground floor rooms, storage and stairway.

To the right is a WC/ shower room with space for a shower, wash hand basin and toilet while directly opposite the front door is an alcove for coats. Situated behind the alcove are two pairs of double doors leading to storage space and opposite, a third pair of double doors hides space for a washing machine.

To the left of the front door is the doorway to the open plan living/ dining room which has a large window to the front, patio doors leading out to the garden and an alcove offering space for book storage.

The open plan-theme continues from the living/ dining room into the kitchen, which offers further storage space, a window overlooking the rear garden and a door to outside.

The dog-legged stairs rise from the entrance hall to the landing with space for book storage running alongside. The landing has doors opening to the three bedrooms, family bathroom and additional storage space.

The master and third bedrooms each have one window overlooking the rear garden while the second bedroom, which is located at the front of the house, looks out into the cul-de-sac.

Adjoining the second bedroom is the family bathroom which has room for a toilet, wash hand basin, bath and storage space.

Outside, the front of the property is set back from the pavement by a small garden. Parking spaces are directly in front of the house. To the rear, a private garden provides space for children to play or adults to entertain guests.

Plot Six is priced at £192,500 and is available on a 61 per cent shared ownership basis for £117,425. Rental fees will apply for the remaining 39 per cent share plus a

monthly service charge.




Plot SevenLocated in a quiet cul-de-sac location, Plot Seven offers parking to the front, a private garden to the rear and ample space inside.

The house is located in a cul-de-sac and is set back from the pavement by a small front garden. On opening the front door there is a large entrance hall with an alcove directly ahead to store coats. To the right of the front door is a WC/ shower room with space for a shower, wash hand basin and toilet.

Behind the coat alcove are two pairs of double doors which open into storage space. Opposite these doors is a third pair of double doors behind which is space for a washing machine.

Moving towards the rear of the house is the kitchen which overlooks the rear garden and has doors leading outside. There is a further storage space in the corner of the kitchen.

The kitchen and living/ dining room are of open plan design. Moving from the kitchen area, the dining space is located to the rear of the house with patio doors leading out in the garden while the living room overlooks the front of the house via a large window. The room has a small alcove area suitable for book storage.

The dog-legged stairway to the right of the entrance hall rises to the first floor landing, with further book storage space running parallel.

Upstairs, the master and third bedrooms are both located to the rear of the house with the second bedroom to the front. The landing has additional storage space, as does the family bathroom which has room for a bath, wash hand basin and toilet.

Outside, the rear garden offers space for alfresco dining and entertainment as well as a secure play environment for children.

Plot Seven is priced at £192,500 and is available on a 60 per cent shared ownership basis for £115,500. Rental fees will apply for the remaining 40 per cent share plus a monthly service charge.


Plot EightWith views of a children’s play area to the front and a private garden to the rear, Plot Eight is ideally situated within a cul-de-sac and has been designed to accommodate young families.

Offering three bedrooms, an open plan living space and built in storage options, the property is practically designed to enable families to grow.

Located in a cul-de-sac location, to the front, there are parking spaces and a small front garden leading to the front door.

Inside, the kitchen is to the rear with an open plan layout leading into the dining and living room.

The entrance hall offers an alcove space for coats, built in storage space behind two pairs of double doors and purpose built space for a washing machine behind a further pair of double doors.

From the entrance hall, there is a WC/ shower room with space for a toilet, wash hand basin and shower.

The kitchen has additional storage space and a window to the rear with a door leading outside. Opposite the kitchen is the dining space which has patio doors opening into the garden while to the front there is a large window in the lounge area. The room also offers alcove space for book storage.

From the entrance hall, a dog-legged staircase with built in book storage rises to the first floor landing which leads to the three bedrooms, bathroom and a storage area.

To the rear of the house are the master and third bedrooms while the second bedroom is situated to the front. Also to the front of the property is the family bathroom with space for a bath, toilet and wash hand basin in addition to built-in storage space.

Outside, there is a private enclosed garden to the rear of the house offering a safe space for children to play or alfresco dining.

Plot Eight is priced at £192,500 and is available on a 75 per cent shared ownership basis for £144,375. Rental fees will apply for the remaining 25 per cent share plus a monthly service charge.




Plot NineTucked away in the corner of this cul-de-sac development, Plot Nine is a semi-detached home neighboured by open space and allotments.

On entering the house, a large hallway leads to the open plan lounge/ dining room, kitchen and WC/ shower room. The hallway also houses an alcove space for coats, storage behind two pairs of double doors and built in storage space for a washing machine behind a third set of double doors.

The WC/ shower room is located to the right of the front door and has space for a shower, toilet and wash hand basin.

Opposite the shower room is the doorway to the open plan living/ dining room which has a large window to the front, patio doors opening to the rear garden and an alcove offering storage space for books.

The room leads into the kitchen which is at the rear of the house and has a doorway opening into the garden and a storage cupboard.

From the hallway, the dog-legged stairs rise to the first floor landing with storage for books running parallel to the staircase. There is further built-in storage space off the landing.

Upstairs the family bathroom is at the front of the house providing build in storage and space for a bathroom, toilet and wash hand basin. The second bedroom is also at the front of the house with two windows overlooking the allotments and play area. To the rear of the house, overlooking the garden is the master bedroom and third bedroom.

Outside, there is parking in front of the house and a small garden. To the rear, the garden offers space for alfresco dining and entertainment as well as a secure play environment for children.

Plot Nine is priced at £192,500 and is available on a 75 per cent shared ownership basis for £144,375. Rental fees will apply for the remaining 25 per cent share plus a monthly service charge.


Plot TenWith built in storage and a large open plan design, Plot Ten has been carefully designed to meet the needs and requirements of a growing family.

The semi-detached home is located next to a play area in a small cul-de-sac with one parking space in front of the property and additional spaces located nearby.

The house is set back from the road by a small front garden and the front door opens into a spacious hallway. To the left is a WC/ shower room with the open plan living and dining room to the right. Directly ahead is an alcove space for coats, storage and access to the kitchen.

The WC/ shower room has space for a shower, toilet and wash hand basin.

Behind the coat alcove are two pairs of double doors opening into built-in storage space. Opposite, a third pair of double doors open into a space specifically designed to conceal a washing machine.

To the rear of the house the kitchen has built in storage space and overlooks the rear garden with doors leading outside. The room leads into the living/ dining room which has a large window to the front, patio doors opening into the rear garden and an alcove suitable for storing books.

From the hallway the dog-legged stairway rises to the first floor and has book case storage running alongside the stairs. The landing leads to the three bedrooms, bathroom and a further storage space.

The master bedroom is located to the rear of the house while the slightly smaller second bedroom is at the front. The third bedroom is opposite the master bedroom at the back of the house.

The family bathroom, which is also to the front of the house, has built in storage and space for a bath, wash hand basin and toilet.

Outside, the rear garden provides an outside play space for children and room for adults to entertain guests or enjoy alfresco dining.

Plot Ten is priced at £197,500 and is available on a 60 per cent shared ownership basis for £118,500. Rental fees will apply for the remaining 40 per cent share plus a

monthly service charge.




Plot ElevenBoasting spacious open plan living and a private rear garden, Plot Eleven has been designed for homebuyers looking to purchase a long-term family home.

Set in a quiet cul-de-sac, the semi-detached property has parking to the front and a small front garden.

On entering the house, there is a WC/ shower room to the left with space for a toilet, wash hand basin and shower.

Opposite the front door is a small alcove with space to store coats. Moving towards the rear of the house there are two pairs of double doors leading to storage space. Adjacent to this is a third pair of double doors with purpose built space for a washing machine.

The kitchen is based to the rear of the house and has further storage space with a window overlooking the garden and doors leading outside. The open plan design leads into the living/ dining room which has a large window to the front, patio doors opening into the garden and an alcove with space for book storage.

From the hallway, a dog-legged staircase rises to the first floor with space for book storage running parallel to the staircase.

The landing has doorways leading to the three bedrooms, family bathroom and storage space.

To the rear are the first and third bedrooms with the second bedroom at the front. Also at the front of the house is the family bathroom with built in storage and space for a bath, toilet and wash hand basin.

Outside, the rear garden provides an outside play space for children and room for adults to entertain guests or enjoy alfresco dining.

Plot Eleven is priced at £197,500 and is available on a 70 per cent shared ownership basis for £138,250. Rental fees will apply for the remaining 30 per cent share plus a monthly service charge.


Home layouts2 Bed House Type (plots 1 - 2)



Kitchen/Dining 4.80m x 2.98m (15ft 8in x 9ft 9in)Living 4.80m x 3.20m (15ft 8in x 10ft 5in)Bedroom 1 4.80m x 2.98m (15ft 8in x 9ft 9in)Bedroom 2 4.80m x 3.20m (15ft 8in x 10ft 5in)Bathroom 2.02m x 1.70m (6ft 7in x 5ft 7in)

Home layouts3 Bed House Type (plots 3 - 11)



Living/Dining 6.60m x 3.42m (21ft 7in x 11ft 2in)Kitchen 3.85m x 2.65m (12ft 7in x 8ft 8in)Bedroom 1 3.61m x 3.48m (11ft 10in x 11ft 5in)Bedroom 2 3.61m x 3.01m (11ft 10in x 9ft 10in)Bedroom 3 3.49m x 2.65m (11ft 5in x 8ft 8in)Bathroom 2.79m x 1.70m (9ft 1in x 5ft 7in)

House valuesPlot number Size Full price

Share percentage offered

Price of share

Price of share with £10,000 discount

Monthly rental

1 2bed £165,000 50 per cent £82,500 £72,500 £68.75

2 2bed £165,000 50 per cent £82,500 £72,500 £68.75

3 3bed £192,500 75 per cent £144,375 £134,375 £40.10

4 3bed £192,500 75 per cent £144,375 £134,375 £40.10

5 3bed £192,500 60 per cent £115,500 £105,500 £64.16

6 3bed £192,500 60 per cent £115,500 £105,500 £64.16

7 3bed £192,500 60 per cent £115,500 £105,500 £56.14

8 3bed £192,500 75 per cent £144,375 £134,375 £40.10

9 3bed £192,500 75 per cent £144,375 £134,375 £40.10

10 3bed £197,500 60 per cent £118,500 £108,500 £65.83

11 3bed £197,500 70 per cent £138,250 £128,250 £49.38



Eligibility Criteria There are certain criteria for applicants wishing to proceed with the project.

1. All interested applicants must register on the Help to Buy website www.helptobuysouth.co.uk . They will check your eligibility for shared ownership. You will find details of the properties and should express your interest. We will contact interested applicants in the date order of their registration with the help to buy agent.

2. Applicants must live, work or have a strong local connection with the Cherwell District area.

3. Applicants must show the commitment necessary to take part and complete their self build home. Applicants will be asked to attend a meeting with the Build! team to discuss the project requirements and the support available. Applicants will be expected to attend a 10 week training course unless they can demonstrate they have the necessary skills to complete the project. The project is supported throughout by an on- site construction manager. Applicants can nominate friends and family to undertake the work on their behalf and are encouraged to form a ‘team’ who can undertake the work on their unit.

4. Applicants should have a household income below £60,000

5. Applicants should be buying the property as their sole home and are not allowed to sublet the home once purchased.

6. Applicants will be asked to undertake a pre-qualification mortgage assessment to verify they will be able to raise the necessary finance to purchase the property once it is completed.

7. Applicants can only purchase a property that has one bedroom more than they need. So for example a single person or couple can purchase a 2 bed home and a couple with one child can purchase a 3 bed home.

hope close banbury - rightmovemedia.rightmove.co.uk/111k/110567/brochure_pdf_00.pdf · the hope...

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