by Midland Heart Housing Association
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2 & 3 bedroom houses
£84,000 - £110,000 for a 40% share
(£210,000 - £275,000 Full Market Value)
Nuneaton, Warwickshire, CV11 6JW
You can see all of this and much more by requesting the development brochure. Simply complete the short form below.
AVAILABLE NOW - Brand New 2 & 3 Bedroom Semi-detached Houses available to buy on Shared Ownership.
Located on a new Jelson Homes development called Lockley Gardens. The location offers excellent transport links & is just 3 miles from Nuneaton town centre with its local amenities, shops and restaurants.
• 2 Bedroom Houses from £84,000 for a 40% share*
• 3 Bedroom Houses from £110,000 for a 40% share*
• Only available to buy on Shared Ownership
• Option to buy more shares to own 100% of the property in the future.
Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking.
Lockley Gardens is situated off The Long Shoot near to the A5. Nuneaton is a great place to call home, with a strong sense of community and offering everything that you would expect of a large, established town, with a good range of independent shops as well as many of the big high street names. This popular market town also offers a good choice of primary and secondary schools and a selection of bars, eateries and leisure facilities. The location benefits from excellent transport links & easy access to the midland motorway network.
Price
2 Bedroom £210,000 (100%)
40% share = £84,000 Rent = £288.75
3 Bedroom £275,000 (100%)
40% share = £110,000 Rent = £378.13
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: 2 bed £12.93; 3 bed £14.76
Estate Charge: £7.50
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.
*Our homes are advertised at 40% although alternative shares are available upon request & will be determined by the applicant’s affordability. There are opportunities to buy more shares to own 100% of the property in the future.
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 | Lower price | Upper price |
|---|---|---|
| 40% share | £84,000 | £110,000 |
| 45% share | £94,500 | £123,750 |
| 50% share | £105,000 | £137,500 |
| 55% share | £115,500 | £151,250 |
| 60% share | £126,000 | £165,000 |
| 65% share | £136,500 | £178,750 |
| 70% share | £147,000 | £192,500 |
| 75% share | £157,500 | £206,250 |
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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