2 bedroom house for sale
11 Tarrant Close, Eastboro Way, CV11 8AQ
Share percentage 50%, full price £220,000, £5,500 Min Deposit.
Share percentage 50%, full price £220,000, £5,500 Min Deposit
Monthly Cost: £913
Rent £252,
Service charge £48,
Mortgage £613*
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 2 bedroom house in the Sketchley Gardens development. The price advertised represents purchasing a 50% share of the home.
Description
New 2 bedroom house in the Sketchley Gardens development. The price advertised represents purchasing a 50% share of the home.
About the Development
Situated on the edge of thriving Nuneaton, with open green spaces nearby and the exciting cities of Coventry, Leicester and Birmingham all a straightforward drive from home, Sage Homes at Sketchley Gardens offers the perfect start to a home ownership journey.
About the Home
This brand new home features a kitchen/diner to the front of the property, with separate living room at the rear including French doors to the garden, and a ground floor cloakroom. To the first floor are two bedrooms and a family bathroom. Externally is an enclosed rear garden and allocated parking.
About the Area
Located just Ten minutes from the A5, and 11 minute drive from the M69 motorway. Less than a 10-minute drive to Nuneaton railway station which has a direct link to London. Riversley Park, Gala Field park and garden and Attleborough Fields Walk are ideal for when you want to stretch your legs.
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 25% 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
- Downstairs WC
- Allocated parking
- Living room with doors to garden
- Kitchen/dining room
- Flooring throughout
- Service charge applicable
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £220,000, £5,500 Min Deposit. Calculated using a representative rate of 5.03%
