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£122,500
Brand New 4 Bed House in the Coundon area of Coventry. This home offers an impressive specification as standard including all flooring, modern kitchen/diner with oven/hob & parking.
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.
- You have a good credit history (no CCJ’s, defaults, IVA’s, or bankruptcy outstanding).
- You are assessed as being able to afford and sustain shared ownership.
Exclusive to Midland Heart - Brand new home in a sought after Coventry suburb of Coundon, within walking distance of the city centre, Alvis Retail Park & local amenities.
4 Bedroom Semi-detached House:
- Entrance with stairs to first floor
- Downstairs WC
- Living room
- Fitted Kitchen/Diner with door to rear garden
- Four bedrooms (2 doubles & 2 singles)
- Bathroom with shower over bath
- Turfed rear garden
- Parking for 2 vehicles
This energy efficient new home is located just off the Holyhead Road in the Coundon area of Coventry with excellent bus & road links. The centre of Coventry less than 1 mile away and also offers a good choice of amenities including high street stores, cafés, restaurants and bars. From music, theatre and festivals, to museums, Cathedrals and medieval history, the city has something for everyone. Coventry is just one hour from London and only 20 minutes to Birmingham by train and has great transport links to surrounding areas. Birmingham Airport is only 15 minutes away by car.
PRICE
4 Bedroom Semi-detached House £350,000 (100%)
35% share* £122,500 Rent = £521.35
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £21.74
Estate Charge: £5.75
All applicants are required to check they meet the criteria for Shared Ownership as set out at GOV.UK in the first instance.
The Price advertised is for our target share of 35% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.
Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.
Amount advertised is subject to change. An additional monthly charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.
^Any Images/Photographs shown are for illustrative purposes only & simply represent a typical property at this location.
>Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. These particulars do not form part of a contract or warranty.
