£117,000

The Watchmakers offers flexible living with schools, parks, shops and other essential amenities right on your doorstep. The vibrant cultural Coventry city centre is a short journey away offering a wide variety of entertaining activities and great places to visit for all ages. If you have children, then you’re going to find an excellent choice of schools, rated 'Good' by Ofsted. If you are sporty then Coventry is a thriving hub for fitness, offering plenty of gyms, pools, and leisure centres, many of which are accessible and welcoming to visitors of all abilities and ages.

Living in The Watchmakers, Coventry, is a safe place to live and raise a family, ideally located near to the A45, if you need to commute further you are also well situated for the M6, and M69 motorways. For longer journeys, you can take the train from Coventry city centre.

The property is a modern three bed terraced home consisting of a well appointed kitchen/dining area. A spacious living room, benefiting from a front aspect view. Upstairs there are three bedrooms and a modern bathroom suite fitted.

Plot 82 (3 bedroom mid-terraced house) - available now.
Advertised for 40%** share at £117,000

Monthly rent on based on 40% share: £402.18

Monthly service charge - £40.86
**Other shares from 10% - 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 now built, so viewings will be offered once financial sign off is gained*

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 *10-75% 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