by Midland Heart Housing Association
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3 bedroom houses
From £118,000 for a 40% share
(From £295,000 Full Market Value)
Nuneaton, Warwickshire, CV11 6BG
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Brand New 3 Bedroom Semi-detached Houses available to buy on Shared Ownership.
Located on a new Bovis Homes development called Beaumont Park situated off Watling Street (A5) on the outskirts of Nuneaton. The location offers excellent transport links & is just 3 miles from Nuneaton town centre with its local amenities, shops and restaurants.
• Prices start from £118,000 for a 40% share*
• Open plan layout
• Main bedroom with en-suite
• Available on the new Shared Ownership scheme with a 990 year lease
Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking.
Beaumont Park is located on the desirable north side of Nuneaton, just off The Long Shoot only 3 miles from Nuneaton town centre. This market town offers high street stores, independent shops, places to eat and drink and a beautiful public park. There are also a number of schools and nurseries a short distance away. The location offers excellent transport links with easy access to the midland motorway network.
Price
Shares available from 40% to 75%
3 Bedroom £295,000 (100%)
40% share = £118,000 Rent = £405.63
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £14.76
Estate Charge: £10.79
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.
* Share advertised is a 40% 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. Alternative shares are available upon request & will be determined by the applicant’s affordability & target share being met. 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.
^Images/photographs shown are for illustrative purposes only.
>Floor plans depict a typical layout of this house type and are for illustrative purposes only. They are not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please speak with our Sales Adviser. Some properties may be a mirror image of the plan shown.
The following table shows examples of the share price range of this development at various share points
| Share | Price from |
|---|---|
| 40% share | £118,000 |
| 45% share | £132,750 |
| 50% share | £147,500 |
| 55% share | £162,250 |
| 60% share | £177,000 |
| 65% share | £191,750 |
| 70% share | £206,500 |
| 75% share | £221,250 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
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