St Mary's Road, Nuneaton, CV11 5AP
2 Bedroom St Mary's Road, Nuneaton, CV11 5AP available
AVAILABLE SOON - 2 Bedroom Houses available on Shared Ownership starting from £93,750 for a 50% share* plus a monthly rental cost.Enquire online
Affordable Homes - Exclusive to Midland Heart.
A selection of Brand New Two Bedroom End Terraced & Semi-detached houses for sale on Shared Ownership starting from £93,750** for a 50% share* plus a monthly rental charge.
Midland Heart are delighted to offer brand new affordable homes in Nuneaton.
These desirable properties are located on a new development called St Mary’s Road. This development is conveniently located within easy reach of Nuneaton Town centre and the bus and train stations.
Our Two bedroom End Terraced & Semi-detached houses briefly comprise:
- Entrance Hall
- Downstairs WC
- Kitchen to the front with oven, hob & hood
- Living/dining area 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
End Terraced £187,500(100%)
Shares available from 50% to 75%
50% share = £93,750 Rent = £234.38
Semi-Detached £190,000 (100%)
Shares available from 50% to 75%
50% share = £95,000 Rent = £237.50
Plus the following monthly charges:
Management Charge £22.00
Buildings Insurance £4.68
Estate Charge £6.76
Shared Ownership is an excellent way for first time buyers or anyone who cannot afford to buy outright, to get onto the property ladder in an area they want to live. With more and more buyers being priced out of the housing market, Shared Ownership offers excellent value for money as you need to raise far lower deposits than your average first time buyer, as well the amount you borrow from a mortgage lender. So call us today 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 for eligibility approval.
COMING SOON - Call to register your interest now or enquire on line.
^Photographs shown are for illustrative purposes only and are of a typical property at this location.
*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 and is based on a 50% 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.
This property includes:
- Oven, Hob & Extractor
- Downstairs Cloakroom
- Bath With Shower & Shower Screen
- Turfed Garden
- Allocated Parking
- Carpets and Flooring Throughout
St Mary’s 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 stations 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.
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.