£92,000
2 bed semi-detached house for sale
Smarts Road, Bedworth CV12New home
Shared ownership
Leasehold
2 beds
1 bath
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (990 years)
Service charge
£53 per month
Council tax band
Ground rent
Ground rent date of next review
Shared ownership details
Shared Ownership is a scheme where you buy a share of your home and pay rent on the remaining share. This means you'll need a smaller mortgage and deposit to get you started.
Shared ownership percentage owned
40%
Shared ownership rent
£316 per month
Midland Heart - Bedworth Rugby Club
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About this property
Open Plan
Viewing Advised
2 Bedroom Houses - Affordable Homes Exclusive to Midland Heart
Spacious open plan layout
Fitted Kitchen with oven, hob & hood
Carpets/Flooring throughout
EV Charger & parking for 2 vehicles
Energy efficient new home with solar panels
Available on the new Shared Ownership scheme with a 990 year lease
Option to buy more shares to own 100% of the property in the future
Brand new 2 Bedroom Semi-detached & Terrace Houses in Bedworth - £92,000 for a 40% share. Located on a new development off Smarts Road in the small market town of Bedworth. The location offers convenient access to a wealth of amenities, including shops, cafes, schools and excellent transport links.
Our 2 Bedroom Houses briefly comprise:
Open Plan Kitchen/Dining/Living room
Fitted Kitchen with Oven/Hob
French doors to rear garden
Downstairs WC
Two bedrooms
Bathroom with shower over bath
Turfed rear garden
Solar panels
Parking for 2 vehicles
EV Charger
**Available to view - Register your interest now!**
The market town of Bedworth boasts excellent transport links, a good range of local amenities and a selection of schools. There are good regular bus services in and around Bedworth and the nearby A444 provides easy access to Nuneaton, the M6 motorway and Coventry.
Price
Full Market Value £230,000 (100%)
Semi-detached 40% share* = £92,000 Rent = £316.25
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £17.30
Estate Charge: £13.60
Also available - 2 Bedroom Terrace Houses from £88,000 for a 40% share*
Shared Ownership is a scheme where you buy a share of your home and pay rent on the remaining share. This means you'll need a smaller mortgage and deposit to get you started. The share you can buy will depend on what you can afford. Once you've brought your new home you can decide to buy more shares in the property. The more shares you buy, the less rent you'll pay. You can keep doing this until you own 100% of your property.
All applicants are required to check they meet the criteria for Shared Ownership as set out at in the first instance.
*The Price advertised is for a 40% share of a Semi-detached house and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.
Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met) & need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.
Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.
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