2 bedroom apartment for sale
Available
The Space, Tavistock Street, CV32 5PJ
£53,750 · Shared Ownership Resale

Share percentage 25%, full price £215,000, £2,688 Min Deposit.

Available
2 bedrooms
£53,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £215,000, £2,688 Min Deposit.

Monthly Cost: £762
Rent £379, Service charge £115, Mortgage £268*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £80,000 per annum when eligible to purchase.
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

Optivo are delighted to offer for sale this well-presented 2 bedroom second floor flat

Description

Optivo are delighted to offer for sale this well-presented 2 double bedroom 2nd Floor Flat

The current market value is £215,000 for 100%. The minimum 25% share available is priced at £53,750, current rent payable £378.74 pcm, rent is subject to annual reviews. Service charges are currently £114.67 pcm.

125 Years from 14th December 2006

EPC - C-83

Accommodation:

Ground Floor: Communal Entrance Hall, Stairs and landing to second floor

Second Floor: Hall, Dingin/living/kitchen (6.22m x 3.04m), Bedroom 1 (3.72 x 3.03) Bedroom 2 (4.28 x 2.27m) Bathroom(2.44m x 1.92m)

Outside: Communal decked garden area at first floor level. On street and car park permit parking is available close by.

Approximate gross internal area: 53sqm

Viewings by appointment only. Please contact the vendor to arrange – Sophie Reading 07817 480 771

Application forms need to be returned to Optivo by 30th December 2019

Please note though that if a high volume of applications is received, the deadline might be brought forward.

Key Features

2 Double Bedrooms

Gas Central Heating

Parking permit in secure car park

Vacant Possession

Central Location

Short Walk to Main Parade

15 min walk to train station

Property Downloads
Brochure
Map
Leamington Spa (0.56 miles) Warwick (2.03 miles) Warwick Parkway (3.34 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£53,750
Shared Ownership Resale
Estimated Monthly Cost:£762
Rent £379
Service Charge £115
Mortgage £268

Share percentage 25%, full price £215,000, £2,688 Min Deposit. Calculated using a representative rate of 3.94%


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.