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House For Sale £140,625
St Mary's Road, Bath Road, Nuneaton CV11


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.

Follow the link for more information:
        
zoopla.co.uk

  
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