House For Sale £213,750
COTON PARK - 3 BEDROOM SEMI-DETACHED FOR SHARED OWNERSHIP SALE
Welcome to Coton Park, a brand-new development in Rugby, Warwickshire.
Full Market Value * - £265,000
40% Share Value * - £106,000
Monthly Rent Payment - £364.38
Monthly Service Charge - £24.50
Service Charge will be inclusive of Building Insurance
This 3 bedroom semi-detached new build home is built to a high standard and specification with contemporary kitchens and modern fixtures and fittings. You will also have a turfed rear garden, allocated parking and a 10 year new build warranty is included. There are plenty of local amenities close by and with Rugby train station a 10 minute drive away and easy access to the M6 will be no problem with any commute for work or access to leisure activities.
The properties are leasehold properties while they are shared ownership, lease term is 125 years.
These properties are due for build completion in January 2024, we're therefore currently unable to offer viewings and will be accepting reservations off-plan.
Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.
EPC is projected - due to these properties being new builds EPC is projected as B
Homes are available for sale through Shared Ownership, a Government-backed scheme offering a fantastic opportunity 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 buy a share in a brand new leasehold property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. After the initial purchase it is possible to buy further shares and eventually own these properties outright.
*Prices are correct at the point of publishing, however may change subject to market valuations.
*Share price is dependant upon the maximum household affordability
Image disclaimer
All images shown are used are for illustrative purposes only. Please note that individual features such as windows, brick and other material colours may vary, as may heating and electrical layouts. The specifications are correct at the date of print but may be subject to change as necessary and without notice. Images are indicative of the quality and style of the specification and may not represent wholly the actual fittings and furnishings on a development.
Floor plans are provided to give a general indication of the proposed floor layout only. Dimensions should not be used for carpet sizes, appliance spaces or items of furniture as these may be liable to change.
Tenure: Leasehold
Lease Years Remaining: 125
Service Charge: £294.00 per year
Shared Ownership (%): 40%
Shared Ownership (Rent): £364.38 per month
