Shared Ownership in Leamington Spa, Warwickshire 2 bedroom Semi-Detached House

  • £285,000

    Equity share: 75% / £213,750

United Kingdom, England, Warwickshire, CV32 7NU, Leamington Spa, Cubbington
For Sale Shared Ownership

Shared Ownership in Leamington Spa, Warwickshire 2 bedroom Semi-Detached House

United Kingdom, England, Warwickshire, CV32 7NU, Leamington Spa, Cubbington
  • £285,000

    Equity share: 75% / £213,750

Property Overview

  • Semi-Detached House
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Property Description

3 Woodland Way, Cubbington, Leamington Spa

This is a semi detached property with 2 double bedrooms. There are no houses in front so you can enjoy lovely countryside views. Downstairs there is a WC, lounge, and kitchen diner, and upstairs there are 2 double bedrooms, and a bathroom.

The property benefits from a driveway with space for 2 cars, and a rear garden.

Please note, the rent and service charges are due to be reviewed on 1 April 2024 in line with the shared ownership lease. We will let you know as soon as possible what the new charges will be.

 

Viewings

The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Seller Name: Chloe Dore

Seller Contact Details: chloed1604@gmail.com or 07549396705

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, to be eligible for shared ownership you will need to evidence:

• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for 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 a new home that meets your needs

Please take note of the minimum income, £51,271 and minimum deposit £13,187 for this property.

If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish.

Please let us know if you need any further information and good luck with your viewing.

Please note, the majority of our shared ownership homes undergo a rent review in April 2024. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.

Property Address

Open on Google Maps
  • Address United Kingdom, England, Warwickshire, CV32 7NU, Leamington Spa, Cubbington
  • City Leamington Spa
  • County Warwickshire
  • Postal Code CV32 7NU

Details

Updated on February 5, 2024 at 9:07 pm
  • Property ID: MS-122111
  • Rental Amount Per Month: £166/Month
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Semi-Detached House
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 23.58
  • Value Of The Equity Share: 75% / £213,750
  • Overall Property Value: £285,000
  • Tenure: Leasehold
  • Council Tax Band: C
  • Length of Lease: 123 years

Contact Stonewater Homes Resales about: Shared Ownership in Leamington Spa, Warwickshire 2 bedroom Semi-Detached House

Similar Listings

Similar Listings

Compare listings

Compare
Stonewater Homes Resales
  • Stonewater Homes Resales

We use cookies to ensure that we give you the best experience on our website.