3 bedroom house for sale

Available

138 Linley Road, CV47 0JZ

£150,000 · Shared Ownership Resale

Share percentage 50%, full price £300,000, £7,500 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Garden
Parking
£150,000 Shared Ownership Resale

Share percentage 50%, full price £300,000, £7,500 Min Deposit.

Monthly Cost: £1,213
Rent £325, Service charge £33, Mortgage £855*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Summary

This property is a three story terrace house.

Description

Accommodation

Ground Floor: Entrance Hall/Stairs, Kitchen, Living Room, and a Guest Cloakroom/WC.

First Floor: Landing, Two Bedrooms, and a Bathroom/WC.

Second Floor: Bedroom Three and storage cupboard.

External: Two allocated parking spaces and lawned gardens, pedestrian side access is available to the rear garden.

Location

This property is positioned in a residential area and in the town of Southam, the South – East part of Warwickshire, approximately seven miles from Leamington Spa, ten miles from Daventry, fifteen miles from Rugby and fifteen miles from Coventry.

The town is within easy reach of the towns and city and is approximately five miles from the M4 motorway junction at Gaydon which provides good access to the national motorway network.

Links to the railway network are available at Rugby, Leamington Spa and Coventry.

Key Features

Purchase Information

For Sale is a 50% share of the property for £150,000.00 with an additional monthly charge of £357.32 which includes Rent, Insurance and Management Charge.

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 01/04/2024 the property charges will change due to Orbit’s Rent Review 2024. Therefore, the monthly rent will be £353.51 and the monthly service charge will be £42.90.

Particulars

Tenure: Not specified
Council Tax Band: C

Map
Leamington Spa (6.52 miles) Warwick (8.42 miles) Warwick Parkway (9.70 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.

£150,000
Shared Ownership Resale
Estimated Monthly Cost:£1,213
Rent £325
Service Charge £33
Mortgage £855

Share percentage 50%, full price £300,000, £7,500 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.