2 bedroom house for sale

Available

23 Simon Mews, , CV33 0AW

£127,500 · Shared Ownership New Build

Share percentage 50%, full price £255,000, £6,375 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£127,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £255,000, £6,375 Min Deposit.

Monthly Cost: £1,078
Rent £292, Service charge £59, Mortgage £727*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • 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.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

New build 2 bedroom mid terrace house in the Valiant Fields development. The price advertised represents purchasing a 50% share of the home on the Shared Ownership scheme.

Description

New build 2 bedroom mid terrace house in the Valiant Fields development. The price advertised represents purchasing a 50% share of the home on the Shared Ownership scheme.

About the Development

Situated in the lovely Warwickshire countryside, Valiant fields is a brand new development in the also brand new community of Upper Lighthorne. These brand new semi-detached and terraced homes are built to a high spec and are a great opportunity for you to own your own home.

Surrounded by green space, outdoor activities are endless, Lighthorne and Lighthorne Heath are the closest villages, both with boutique shops and cafes as well as other retail/supermarket options.

About the Home

This plot is a brand new 2 bedroom house with a hallway that leads to the living room to the front of the home, leading through to the WC and store cupboard, with the open plan Kitchen/Dining area at the rear with patio doors to the garden.

The second floor presents two double bedrooms with large windows as well as the three piece bathroom with shower over bath.

About the Area

Upper Lighthorne is a brand new village community located near to the historic RAF Gaydon site. The village itself will feature a variety of shops and amenities including a doctors surgery and community centre. Whilst larger towns such as Warwick and Leamington Spa are a short drive away and offer an array of high street shops, bars and restaurants.

Furthermore, THE M40 is at your doorstep and access from here to other locations such as south to London and north to Birmingham is easy. Access to all other local villages is also easy.

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
  1. New build home
  2. Two parking spaces
  3. Flooring throughout
  4. Energy efficient home
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Stratford-Upon-Avon Parkway (0.60 miles) Stratford-Upon-Avon Station (1.36 miles) Wilmcote (1.40 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 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.

£127,500
Shared Ownership New Build
Estimated Monthly Cost:£1,078
Rent £292
Service Charge £59
Mortgage £727

Share percentage 50%, full price £255,000, £6,375 Min Deposit. Calculated using a representative rate of 5.26%


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.