2 bedroom house for sale
Available
The Pavilions, Warwick Road, CV8 1FE
£150,400 · Shared Ownership New Build

Share percentage 40%, full price £376,000, £7,520 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Garden
£150,400 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £376,000, £7,520 Min Deposit.

Monthly Cost: £1,311
Rent £517, Service charge £45, Mortgage £749*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

Summary

A stunning development of brand new 2-bed homes

Description

This smart, modern 2-bed home is exceptional in so many ways. The garden-facing kitchen/dining area is surprisingly spacious; the front-facing living room remarkably light and bright. Both bedrooms are well-proportioned, and the master is ensuite.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots, please speak to a sales advisor for more information**

Service charge outlined on this portal is heylo’s monthly lease management fee and if applicable, includes an estimated monthly buildings insurance charge. Additional Estate and Service charge fees may apply and are available directly from the sales team on site.

Receive flooring and £1,000 towards your legal fees*.

*T&CS – For all new reservations received before 28th February 2022, the incentive must be clearly marked on the reservation form at the time of reserving. No cash alternative is available. The incentive must not exceed 5% of the share % value.

Available on plot 50

Key Features
  • Open plan kitchen/diner
  • Separate living area
  • Downstairs cloakroom
  • Built-in storage to the ground floor and bedroom 2
  • Ensuite to the master
  • Dressing area to the master
  • Symphony Premium range kitchen units
  • Premium laminate worktops to the kitchen with matching upstands
  • Indesit hob 4-burner/built-in single oven/chimney hood
  • Ideal Standard contemporary white sanitary ware suite
  • Mains wired security alarm system
  • Mains wired smoke detectors with battery back up
  • Gas central heating
  • Combined USB/double sockets to the kitchen and master bedroom
  • Lawned front and rear garden
  • Outside tap
  • Contemporary chrome light to the front and rear of the house
Map
Warwick (2.95 miles) Warwick Parkway (3.42 miles) Leamington Spa (3.43 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.

£150,400
Shared Ownership New Build
Estimated Monthly Cost:£1,311
Rent £517
Service Charge £45
Mortgage £749

Share percentage 40%, full price £376,000, £7,520 Min Deposit. Calculated using a representative rate of 3.94%


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The Pavilions
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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.