1/40
£98,000
Driveway parking, within Building Warranty.
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full Market Value: £245,000
Share Value (40%): £98,000
Monthly Rent: £362.04
Service Charge: £53.03
Council Tax Band: C
990 year lease commenced May/2024 -988 years remaining
The ground floor of this well presented home consists of a dual aspect open plan kitchen/living area with the kitchen, featuring fully integrated appliances, to the rear. There is a rear lobby area, which opens onto the garden and also provides access to a downstairs cloakroom/WC. On the first floor find two double bedrooms, the master including fitted wardrobe. A contemporary family bathroom conmpletes the accommodation. There is side access to the garden, which includes a patio area and shed.
Ashlawn Rise is situated on the fringes of the popular town of Rugby. Perfectly located for both commuters and families alike, this spacious home provides the perfect opportunity to step onto the property ladder. With numerous local amenities conveniently situated on the doorstep, including Sainsburys, daily life couldn't be easier, providing more time to get out and explore beautiful open spaces.
Rugby offers an enticing blend of old and new, mainly independent shops, from gift shops, antique centres and traditional tea shops to boutiques, art galleries and fine-dining restaurants. There are also beautiful parks and gardens and outstanding architecture to admire.
You are within 10 minutes of links to the A5, A45 and M6. Rugby Station serves as a junction for the West Coast Main Line. It connects to major destinations including London, Birmingham, and Wolverhampton.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £32,734. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2026.
