Share Price £91,000 (from 35% Min. Share)

Full Value £260,000 | £4,550 Min. Deposit

Scheme: Shared Ownership

Under offer

The Spinneys - 3 bed house in Rugby - Warwickshire

place Cawston Grange, CV22 7RJ

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NOW UNDER OFFER - collection of new homes located in the quiet suburb of Cawston.


Eligibility

Am I eligible?

  • Your annual household income must be no more than £80,000.
  • You must be unable to purchase a home suitable for your needs without assistance.
  • You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
  • You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.

Description

Now Under Offer

About The Spinneys

The Spinneys will give you everything you and your family need. With easy access to local amenities, leisure facilities, doctors surgery and schools, you can take advantage of living in this charming location.

Surrounded by natural beauty, The Spinneys is a short drive to Brandon Marsh, an idyllic nature reserve, which is home to a number of walking trails and local wildlife.

For those who are enjoy staying active, Bilton Bowling Club, Whitefields Golf Course and Rugby School Sports Centre are all only a short distance away.

Education

There are schools and colleges available for all age groups including: Cawston Grange Primary, Henry Hinde Junior School, Rugby School, Bilston School Maths and Computing College and Warwickshire College.

Transport

Cawston Grange is 2miles from the M45 motorway, 2.5miles from Rugby town centre and 4miles from Rugby Railway station, which provides direct access into Birmingham (35 minutes) and London Euston (51 minutes).

To register your interest or for any other enquiries please contact the Customer Service Team – Sales

Please note:

All images displayed throughout are indicative only and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.


Download Documents

Property brochure 1

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 91,000
Min. £91,000
Share percentage
Min. 35%
Your deposit
Min. £4,550
Monthly cost*
£884
Cost breakdown
£387
Rent
£44
Service charge
£453
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.