2 bedroom apartment for sale
Available
Turberville Place, Ansell Way, CV34 4JZ
£86,250 · Shared Ownership Resale

Share percentage 50%, full price £172,500, £4,313 Min Deposit.

Available
2 bedrooms
£86,250 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £172,500, £4,313 Min Deposit.

Monthly Cost: £743
Rent £218, Service charge £95, Mortgage £430*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Optivo are delighted to offer for sale this well-presented 2 bedroom apartment.

Description

Priced at £86,250 for a 50% share
Full market value of £172,500
Current rent payable £218.27 pcm
Service charges are currently £94.79 pcm
Subject to annual reviews.

Summery

Location

The property is located in an area of mixed modern residential properties located on the north west side of Warwick. It is close to the Hospital and walking distance to the town centre amenities.

Local information

Warwick has a good range of amenities including, shops, cafes/restaurants and leisure facilities. There are also good schools in the area, as well as good transport links being close to the A46 and M40.

Construction

The property forms part of a block which is of brick faced, cavity wall construction under a dual pitched roof with concrete cover.

Condition

The property has modern internal fittings and is in reasonable decorative order.

Accommodation Features

The property is a ground floor flat within a modern block. It has two bedrooms, two bathrooms and an open plan sitting/kitchen area.

Subject to annual reviews.Viewings by appointment only. Please note Social Distancing measures need to be followed. Contact resales for the vendors details.

If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to resales@optivo.org.uk

Application forms need to be returned to Optivo by 26 March 2021.

*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.

Key Features
  • Location is close to Warwick Town centre and Warwick Parkway Railway station.
  • Secure gated parking.
  • One allocated parking space.
Property Downloads
Brochure
Map
Warwick (0.41 miles) Warwick Parkway (0.93 miles) Leamington Spa (2.32 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£86,250
Shared Ownership Resale
Estimated Monthly Cost:£743
Rent £218
Service Charge £95
Mortgage £430

Share percentage 50%, full price £172,500, £4,313 Min Deposit. Calculated using a representative rate of 3.94%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.