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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom

Features

  • Ideal for First Time Buyers
  • Shared Ownership
  • Leasehold
  • Affordable Homes - Exclusive to Midland Heart
  • Only available to buy on Shared Ownership : 40% to 75% initial share available
  • The opportunity to buy more shares to own 100% of the property in the future
  • Fitted Kitchen with integral oven, hob & hood
  • Living/Dining room with French doors to rear garden
  • Carpets and Flooring Throughout
  • Allocated parking
  • Within easy reach of Nuneaton town centre and the bus and train station
  • All interested parties must be approved by Help To Buy

Listing view statistics

Last 30 days: 62 page views

Description

Affordable Homes - Exclusive to Midland Heart - A selection of Brand New Two Bedroom End Terraced & Semi-Detached Houses for sale on Shared Ownership only.
A 75% share* is available from £140,625** plus a monthly rental charge.


Midland Heart are delighted to offer brand new affordable homes in Nuneaton. Shared Ownership is ideal anyone who wants to buy a property but cannot afford to buy outright. These desirable properties are located on a new development called St Marys Road. This development is conveniently located within easy reach of Nuneaton Town centre and the bus and train station.

Our Two bedroom End Terraced & Semi-detached houses briefly comprise:
•Entrance Hall
•Downstairs WC
•Kitchen to the front with oven, hob & hood
•Living/dining room with French doors to rear garden
•Two bedrooms
•Bathroom with a shower over the bath
•Gas-fired central heating
•Flooring/carpets throughout
•Turfed rear garden
•Allocated parking

Price
End Terraced£187,500 (100%)
Shares available from 40% to 75%
40% share = £75,000 Rent = £281.25
75% share = £140,625 Rent = £117.19

Semi-Detached £190,000 (100%)
Shares available from 40% to 75%
40% share = £76,000 Rent = £285.00
75% share = £142,500 Rent = £118.75

Plus the following monthly charges:
Management Charge £22.00
Buildings Insurance £4.68
Estate Charge £6.76

St Marys Road is located to north of central Nuneaton and is within walking distance of Nuneaton town centre with its local amenities, shops and restaurants.
Nuneaton's bus and train station are within a 10 minute walk. Nuneaton has direct trains to London, Birmingham, Leicester, Coventry & Rugby. The location also offers excellent road links, near to the A444 giving good access to surrounding districts & the M6 Motorway.

Shared Ownership is designed for those who want to get a foot on the property ladder but can't afford to buy a home on the open market. It allows you to purchase a share of the property by means of mortgage or in cash and pay a monthly fee to Midland Heart for the share you don't own. The scheme is designed to help you purchase an initial share in the property and then go on to purchase further shares until you own your own home outright.

Call today or enquire on line to register your interest and see how we can help you buy your very own home.

All applicants are required to register and apply in the first instance with Help to Buy Midlands & London for eligibility approval.

^Photographs shown are for illustrative purposes only and are of a typical property at this location.
*Share advertised is the maximum share. Minimum share for initial purchase 40%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the hca guidelines.
**Amount advertised is subject to change and is based on a 75% share of a 2 bed end terraced property.
An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Nuneaton 0.3 miles
  • Bermuda Park 1.7 miles
  • Abbey CofE Infant School 0.2 miles
  • Etone College 0.5 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Nuneaton 0.3 miles
  • Bermuda Park 1.7 miles
  • Abbey CofE Infant School 0.2 miles
  • Etone College 0.5 miles

Market stats

Sale activity

Average estimated value for a house in CV11:

  • £160,724
  • Price decrease

  • -£1,478
  • (-0.911%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £144,892
  • Properties sold

    63

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom house in CV11 is currently:

£637 pcm

Recent sales nearby

See all recent sales in CV11
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Estimated running costs

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The Developer

Price history

Sold prices provided by Land Registry
3rd Dec 2020 £140,625 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Midland Heart - St Mary's Road. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Midland Heart - St Mary's Road for full details and further information.