2 bedroom house for sale
3 Fairleigh Close, , CV37 9GZ
Share percentage 50%, full price £300,000, £7,500 Min Deposit.
Share percentage 50%, full price £300,000, £7,500 Min Deposit.
Monthly Cost: £1,247
Rent £344,
Service charge £48,
Mortgage £855*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
New 2 bedroom house in the Lockside Wharf development. The price advertised represents purchasing a 50% share of the home.
Description
New 2 bedroom house in the Lockside Wharf development. The price advertised represents purchasing a 50% share of the home.
About the Development
Situated in a sought after and semi-rural location in the hamlet of Bishopton, Stratford-upon-Avon, Lockside Wharf is a brand-new development which offers a stunning series of 2 and 3 bedroom homes. These homes are designed with a high spec and offer great space, perfect for all.
About the Home
This new build 2 bedroom house opens into the spacious hallway; with kitchen, WC, storage cupboard and lounge all leading off. Upstairs the landing leads to both bedrooms as well as the bathroom with shower over bath.
About the Area
Located just over 2 miles from the historic market town of Stratford-upon-Avon, a town famous for William Shakespeare. The town centre offers a thriving community with a variety of bars, restaurants and theatre and beautiful walks along the River Avon and Stratford Canal.There is also a selection of good and outstanding Ofsted rated schools in the area.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- Flooring throughout
- Spacious bedrooms
- 2 parking spaces
- Rear garden
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 £300,000, £7,500 Min Deposit. Calculated using a representative rate of 5.26%
