3 bedroom house for sale
16 William Venables Drive, TF2 5AH
Share percentage 40%, full price £245,000, £4,900 Min Deposit.
Share percentage 40%, full price £245,000, £4,900 Min Deposit
Monthly Cost: £894
Rent £337,
Service charge £25,
Mortgage £532*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Energy efficient 3 bedroom houses are being built by Avant Homes in this popular commuter location
Description
The property is a three bedroom semi-detached home consisting of a well-appointed kitchen/dining area with double door access to the rear garden, a spacious living room, benefiting from a front aspect view. Upstairs there are three bedrooms and a modern bathroom suite fitted.
Plot 125 (3 bedroom semi-detached house) - estimated to be available by the end of December 2025/Early 2026*
Advertised for 40%** share at £98,000
Monthly rent on based on 40% share: £336.87
Monthly service charge - £25.21
**Other shares from 25% - 75% area available and can be purchased subject to an affordability assessment.
***Demand is expected to be high Applications are treated as first come, first served.***
*The property is estimated to be build complete during December 2025/Early 2026, we're therefore unable to offer viewings and will be accepting reservations off plan.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.
Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.
Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.
Next Steps:
For further information, please download our brochure below.
Please contact us to request an application form to proceed with your interest.
Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
Once you have passed the affordability assessment, we will pass your details to our Sales Consultant who will be able to take you through the reservation process.
We will offer shares between *25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market
Key Features
- Contemporary kitchen complete with integrated oven, hob, and extractor fan
- Washing Machine & Fridge freezer included
- LVT Flooring in kitchen, bathroom and wc
- Carpets included
- Allocated parking
- Turfed rear garden
- 10 year new build warranty
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureMap
Material Information
Total rooms: 6
Room Details:
Kitchen / dining room
Length: 4.62m
Width: 2.80m
Living room
Length: 5.49m
Width: 4.62m
Bedroom 1
Length: 4.62m
Width: 2.84m
Bedroom 2
Length: 3.13m
Width: 2.65m
Bedroom 3
Length: 2.37m
Width: 1.90m
Bathroom
Length: 2.18m
Width: 1.74m
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Rear Garden
Year property was built: 2025
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £245,000, £4,900 Min Deposit. Calculated using a representative rate of 4.78%
Walsall Housing Group (whg)
