2 bedroom house for sale
**UNDER OFFER** 21 Nimrod Avenue, Southam, CV47 1AG
Share percentage 40%, full price £265,000, £5,300 Min Deposit.
Share percentage 40%, full price £265,000, £5,300 Min Deposit.
Monthly Cost: £1,005
Rent £390,
Service charge £11,
Mortgage £604*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
This property is a semi-detached house.
Description
Accommodation
Ground Floor: External wall mounted porch, Entrance Hall/Stairs, Kitchen, Living Room, and a Guest Cloakroom/WC.
First Floor: Landing, Two Bedrooms, and a Bathroom/WC.
External: Driveway with parking spaces and lawned garden.
Location
This property is positioned in a residential area located on the south-eastern side of Nimrod Avenue towards the southern end of the western branch of the road.
The property is located approximately half a mile to town centre of Southam, a historic market town with a range of shops, leisure facilities and public services, including three primary schools and a secondary school.
The property is located approximately 9 miles from Leamington Spa rail station, and there are daily bus services from central Southam, or from a stop within the development to Leamington Spa and further services to Rugby and Banbury from central Southam.
Key Features
Purchase Information
For Sale is a 40% share of the property for £106,000 with an additional monthly charge of £401.20 which includes Rent and Insurance Charges.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Rent review information:
As of 01/04/24 the property charges will change due to Orbit’s Rent Review 2024. Therefore, the monthly rent will be £424.59 and the monthly service charge will be £20.44.
Particulars
Tenure: Not specified
Council Tax Band: C
Map
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 40%, full price £265,000, £5,300 Min Deposit. Calculated using a representative rate of 5.26%
