2 bedroom house for sale
6 Winnowing Way, Meadow Green, CV11 7AL
Share percentage 35%, full price £240,000, £4,200 Min Deposit.
Share percentage 35%, full price £240,000, £4,200 Min Deposit.
Monthly Cost: £888
Rent £358,
Service charge £51,
Mortgage £479*
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
Wonderful 2-bedroom end of terrace house in the Meadow Green development. The price advertised represents purchasing a 50% share of the home.
Description
Wonderful 2-bedroom end of terrace house in the Meadow Green development. The price advertised represents purchasing a 50% share of the home.
About the Development
Final two & three homes available with Shared Ownership at the ever-popular development of Meadow Green new-build development in Nuneaton, Warwickshire.
Each property is finished to a high standard throughout and boasts a modern stylish kitchen, contemporary bathroom suites and fitted carpets. This will make an ideal first time purchase.
With great transport links including easy access to the M6 and M69, these homes are perfect for commuters, families, downsizers and professional couples.
About the Home
Open plan kitchen, lounge, dining room with utility cupboard having plumbing for washing machine. Downstairs wc. Stairs leading to the first floor having two bedrooms and the family bathroom.
About the Area
Situated within the popular location of Nuneaton with easy access to the M6 and M69, providing access to Birmingham, Leicester and Coventry. Meadow Green is within a short distance of open countryside. Nuneaton town centre is just a 10 minute drive away, the highly regarded Higham Lane high school is just a 5 minute drive away.
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.
*Service Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- 2 bedroom end of terrace house
- Allocated parking
- Rear garden
- Flooring throughout
- Good sized bedrooms
- Family bathroom
- French doors from lounge to garden
- Downstairs WC
- Fantastic storage
- 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 35%, full price £240,000, £4,200 Min Deposit. Calculated using a representative rate of 5.26%
