2 bedroom house for sale
The Pavilions, Warwick Road, CV8 1FE
Share percentage 50%, full price £319,995, £8,000 Min Deposit.
Share percentage 50%, full price £319,995, £8,000 Min Deposit.
Monthly Cost: £1,324
Rent £367,
Service charge £45,
Mortgage £912*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
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.
· Household minimum income must be above £12,000
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.
*Please note that this home sits within a Designated Protected Area and is subject to a DPA lease. This means that while the Shared Owner may staircase to 100% ownership, the property remains a leasehold property and at such time that the Shared Owner wishes to sell the property, Heylo Housing shall resell it to another eligible buyer, meaning the home remains available and affordable to local people.*
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
- 2 Parking spaces
- 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
- 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
- Smoke alarm is included
- Carbon monoxide alarm is not included
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information DocumentMap
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 £319,995, £8,000 Min Deposit. Calculated using a representative rate of 5.26%
