Share Price £132,500 (from 50% Min. Share)

Full Value £265,000 | £6,625 Min. Deposit

Scheme: Shared Ownership

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Roman Park - 3 bed house in Daventry

place Kilworth Road, Middlemore, NN11 8BH

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Three Bedroom House


Eligibility

Buyers need to demonstrate a local connection to Daventry


Description

A fantastic opportunity to buy a brand new three bedroom semi-detached house in Middlemore, Daventry. Available on the shared ownership scheme the price shown is for a 50% share. Shares available from 50% to 75%.

In brief the accommodation comprises hallway giving access to the lounge, a separate kitchen/diner (with double doors to the rear garden) and downstairs cloakroom. On the first floor you will find two double bedrooms and a family bathroom. On the second floor is a further double bedroom and storage cupboard.

Roman Park is ideally located within Middlemore, a modern residential area positioned to the northern edge of Daventry adjacent to Drayton Reservoir. The area enjoys its own local store and the Middlemore Farm family pub & restaurant.

Daventry itself is an old market town and the old centre has been fortunate to retain many of its historic features and continues to hold markets on the High Street every Tuesday and Friday.

Alongside the history you will find retailers and facilities including Tesco and Waitrose supermarkets, the Daventry Leisure Centre and the Danetre Hospital. A new four screen cinema is currently under construction.

Transport links are excellent due to its close proximity with two M1 junctions (16 and 18), the A45 Northampton to Coventry ring road, A5 Watling Street and A361 Banbury Road as well as mainline rail access from Rugby (10 miles) and Long Buckby (5 miles) stations.

Images are for illustration only and do not show this house type. Due to the nature of construction, room sizes may vary. Dimensions are not intended to be used for carpet sizes.

These homes are advertised on behalf of the Futures Housing Group.


Key Features

  • Allocated parking - two spaces
  • Fitted carpets
  • Vinyl flooring to kitchen, cloakroom and bathroom
  • Integrated oven, hob and extractor hood
  • Turfed rear garden

Download Documents

Property brochure 1

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 132,500
Min. £132,500
Share percentage
Min. 50%
Your deposit
Min. £6,625
Monthly cost*
£973
Cost breakdown
£304
Rent
£9
Service charge
£660
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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.