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£78,750
NEW DEVELOPMENT
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.
- Cannot retain another property anywhere
Is 2026 the year you dream of getting on the property ladder? Are you struggling to find the right home on the Open Market?
SHARED OWNERSHIP can help you, it could be easier than you think and you may only need £6,500 deposit to buy.
Contact us TODAY to find out more.
Living in Sketchley Meadows, Nuneaton offers a safe and welcoming environment, making it an ideal place to live and raise a family. The development is surrounded by open countryside yet remains conveniently located close to the A5 and Junction 1 of the M69, providing excellent transport links to the M1, M12, M42 and M6. This makes daily commuting to Coventry, Leicester and Birmingham straightforward and convenient. For those who prefer to travel by rail, Nuneaton Station is just a 7-minute journey away, offering direct trains to London in under an hour. Families will benefit from an excellent choice of schools, parks, shops and essential amenities right on the doorstep. The vibrant town of Nuneaton is only a short distance away and offers a wide variety of attractions, entertainment, and activities for all ages.
**Please note a LOCAL CONNECTION is required for the properties**
We have 5 x 3 bedroom semi-detached property available for sale via Shared Ownership.
This modern 3 bedroom semi-detached property offers a bright living room, with separate kitchen/dining space. It also benefits 3 bedrooms, with a modern bathroom suite and en-suite.
Plot 282 (3 bedroom semi-detached house) - *Handover estimated by end of March 2026**
Advertised for 25%** share at £78,750
Monthly rent on based on 25% share: £541.40
Monthly service charge - £22.91
**Other shares from 10% - 75% area available and can be purchased subject to an affordability assessment.
***Demand is expected to be high, applications are treated as first come, first served.***
*The property is estimated to be build complete by end of March 2026, we're therefore unable to offer viewings and will be accepting reservations off plan.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.
Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.
Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.
Next Steps:
For further information, please download our brochure below.
Please contact us to request an application form to proceed with your interest.
Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
Once you have passed the affordability assessment, we will pass your details to our Sales Consultant who will be able to take you through the reservation process.
We will offer shares between *10-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market
Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.
***Please note some images should be used as a guide only**
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
