2 bedroom house for sale
6 Giblin Lane, , CV33 8AU
Share percentage 50%, full price £260,000, £6,500 Min Deposit.
Share percentage 50%, full price £260,000, £6,500 Min Deposit.
Monthly Cost: £1,085
Rent £298,
Service charge £63,
Mortgage £724*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
New build 2 bedroom end of terrace house in the Valiant Fields development. The price advertised represents purchasing a 50% share of the home on the Shared Ownership scheme.
Description
New build 2 bedroom end of terrace house in the Valiant Fields development. The price advertised represents purchasing a 50% share of the home on the Shared Ownership scheme.
About the Development
Situated in the lovely Warwickshire countryside, Valiant fields is a brand new development in the also brand new community of Upper Lighthorne.
Surrounded by green space, outdoor activities are endless, Lighthorne and Lighthorne Heath are the closest villages, both with boutique shops and cafes as well as other retail/supermarket options.
About the Home
This plot is a brand new 2 bedroom house with a hallway that leads to the living room to the front of the home, leading through to the WC and store cupboard, with the open plan Kitchen/Dining area at the rear with patio doors to the garden.
The second floor presents two double bedrooms and three piece bathroom with shower over bath.
About the Area
Upper Lighthorne is a brand new village community located near to the historic RAF Gaydon site. The village itself will feature a variety of shops and amenities including a doctors surgery and community centre. Whilst larger towns such as Warwick and Leamington Spa are a short drive away and offer an array of high street shops, bars and restaurants.
Furthermore, the M40 is at your doorstep and access from here to other locations such as south to London and north to Birmingham is easy. Access to all other local villages is also easy.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- Allocated parking
- Patio doors to garden
- Good storage
- Separate living room
- Downstairs WC
- Service charge applicable
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £260,000, £6,500 Min Deposit. Calculated using a representative rate of 5.03%
