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Property Listing Details

Property details

  • 3 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Brand new shared ownership home
  • Highly sought-after location
  • Allocated parking
  • Private garden
  • Ground floor cloakroom
  • Kitchen/diner

Listing view statistics

Last 30 days: 176 page views

Since listed: 266 page views

Description

Shared Ownership

This property is available to buy from as little as £132,500 with a 50% share!

Just ten minutes’ walk from the charming village centre and only 7 miles from Stratford-upon-Avon, Kings Meadow is a desirable new neighbourhood in the heart of Warwickshire.

On the northern edge of Bidford on-Avon, half a mile from the village’s busy High Street, the development is just five minutes’ drive from the A46, offering drive times of around half an hour to Worcester and Leamington Spa. Buses between Stratford-upon- Avon and Evesham stop 150 yards away, and the journey to Stratford takes around fifteen minutes.

Bidford-on-Avon is served by two railway stations. Trains between Hereford and London Paddington stop at Honeybourne, five miles south of the village, reaching Worcester in around 30 minutes and London in approximately two hours. Services from Stratford-upon- Avon, seven miles to the east, run to Birmingham, around 40 minutes away, and to Leamington Spa from where there are connections to London Marylebone and Euston.

This brand new three-bedroom end-terrace home benefits from allocated parking and an enclosed rear garden. The accommodation offers: Living room, cloakroom, kitchen/diner, three bedrooms and bathroom.

Pricing & affordability

Approximate Size: 84.54 sq m

Full Market Value: £265,000

40% Share Price: £106,000 (rent £364.38pcm)
50% Share Price: £132,500 (rent £303.65pcm)
75% Share Price: £198,750 (rent £151.82pcm)

Minimum 5% Mortgage Deposit (40% share): £5,300

Approximate Service Charges: £37.66 pcm

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

At Kings Meadow you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

*These photos are for information purposes only and may not represent a true likeness for the units being sold. They have been taken from similar developments and are not specific to the plots advertised. The rooms have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Leaders Romans Group are selling the homes on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit .

Floorplan

Map & Nearby

Local Amenities

  • Honeybourne 4.7 miles
  • Wilmcote 5.7 miles
  • Bidford-on-Avon CofE Primary School 0.1 miles
  • Salford Priors CofE Academy 1.8 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Honeybourne 4.7 miles
  • Wilmcote 5.7 miles
  • Bidford-on-Avon CofE Primary School 0.1 miles
  • Salford Priors CofE Academy 1.8 miles

Market stats

Sale activity

Average estimated value for a house in B50:

  • £193,895
  • Price decrease

  • -£33,584
  • (-14.764%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £213,466
  • Properties sold

    15

Rental opportunities

Looking for an investment? The average rent for a 3 bedroom house in B50 is currently:

£1,010 pcm

Recent sales nearby

See all recent sales in B50
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
27th May 2020 £132,500 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Leaders - Shared Ownership. 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 Leaders - Shared Ownership for full details and further information.