Meadowcroft Farm, Nuneaton, CV11 6BG
2 Bedroom Meadowcroft Farm, Nuneaton, CV11 6BG available
AVAILABLE SOON - Brand New 2 Bedroom Houses available on Shared Ownership. These affordable homes are located on a new development on the outskirts of Nuneaton, close to the A5.Enquire online
AVAILABLE SOON : A selection of Brand New Two Bedroom Houses available to buy on Shared Ownership.
These desirable properties are on a new development on the north-eastern edge of Nuneaton, near to the A5.
2 Bedroom Houses start from £70,000 for a 40% share* plus a monthly rental charge.
Properties briefly comprise:
- Entrance Hall
- Fitted Kitchen with oven, hob & hood
- Downstairs WC
- Living/Dining room with French doors to rear garden
- Two Double Bedrooms
- Gas-fired central heating
- Flooring/carpets throughout
- Turfed rear gardens
- Allocated parking
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
All interested parties must be approved by Help To Buy
2 Bedroom from £175,000 (100%)
Shares available from 40% to 75%
40% share = £70,000 Rent = £262.50
75% share = £131,250 Rent = £109.38
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £4.13
Estate Charge: to be confirmed
Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy.
AVAILABLE SOON - Contact us today to register your interest and see how we can help you buy your very own home.
Viewings strictly by appointment only - all applicants are required to register and apply in the first instance with Help to Buy Midlands for eligibility approval.
*Share advertised is the minimum share. Maximum share for initial purchase 75%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines. Amount advertised is subject to change & is based on a 40% share of a 2 bedroom house.
An additional monthly rental charge applies that includes rent, buildings insurance and management charge but excludes any mortgage payment.
^Any Image/Photographs shown are for illustrative purposes only and are of a typical Midland Heart property at this location.
This property includes:
- Downstairs Cloakroom
- Oven, Hob & Extractor
- Carpets and Flooring Throughout
- Allocated Parking
This development is situated on the north-eastern edge of Nuneaton, close to the A5. It is well positioned 3.3 miles from Nuneaton Town Centre and 3.5 miles from Hinckley Town Centre. The location offers easy access the A5 & M69. Nearby Nuneaton and Hinckley offer local amenities, shops & restaurants.
Are you eligible to apply?
Shared ownership is offered to people who:
- Have the funds to purchase a share in the property or the ability to obtain a mortgage for their share purchase
- Have £80,000 or less household income
- Are on the electoral roll
- Have a good credit history
- Pass our financial affordability criteria to ensure that you can afford the property on a sustained basis
- Have no history of rent arrears
- All applicants are required to register and apply in the first instance with Help to Buy for eligibility approval.