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3 bedroom semi-detached house for sale
Tarrant Close, Nuneaton, Warwickshire
New build
Semi-detached house
3 beds
2 baths
Key information
Tenure: Leasehold | unconfirmed share | unconfirmed yrs left
Service charge: £630 per annum
Council tax: Ask agent
Features and description
- Tenure: Leasehold
- Brand new Shared Ownership home
- Kitchen/diner
- Parking
- Garden
- En suite
- Excellent commuter links
Shared Ownership
This brand new home is available to buy from as little as £130,000 with a 50% share!
Situated on the edge of thriving Nuneaton, with open green spaces nearby and the exciting cities of Coventry, Leicester and Birmingham all a straightforward drive from home, Sketchley Gardens offers a highly enviable quality of life.
Located just Ten minutes from the A5, and 11 minute drive from the M69 motorway. Less than a 10-minute drive to Nuneaton railway station which has a direct link to London. Riversley Park, Gala Field park and garden and Attleborough Fields Walk are ideal for when you want to stretch your legs.
This brand new semi detached home has accommodation that features a kitchen/diner with separate living room and a ground floor cloakroom. To the first floor are three bedrooms (master with en suite) and a family bathroom. Externally is an enclosed rear garden and allocated parking for two cars.
PRICING & AFFORDABILITY
Approximate Size 933 sq ft
Full Market Value: £260,000
50% Share Price: £130,000 (rent £297.92pcm)
60% Share Price: £156,000 (rent £238.33pcm)
75% Share Price: £195,000 (rent £148.96pcm)
Minimum 5% Mortgage Deposit (50% share): £6,500
Approximate Service Charges: £52.50 pcm*
Shared Ownership Lease: 125 years
Council Tax Band: TBC
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
At Sketchley Gardens you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
*These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
SOWN Shared Ownership are part of the Leaders Romans Group and are selling the homes on behalf of Sage Homes. Sage Homes is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Homes visit .
This brand new home is available to buy from as little as £130,000 with a 50% share!
Situated on the edge of thriving Nuneaton, with open green spaces nearby and the exciting cities of Coventry, Leicester and Birmingham all a straightforward drive from home, Sketchley Gardens offers a highly enviable quality of life.
Located just Ten minutes from the A5, and 11 minute drive from the M69 motorway. Less than a 10-minute drive to Nuneaton railway station which has a direct link to London. Riversley Park, Gala Field park and garden and Attleborough Fields Walk are ideal for when you want to stretch your legs.
This brand new semi detached home has accommodation that features a kitchen/diner with separate living room and a ground floor cloakroom. To the first floor are three bedrooms (master with en suite) and a family bathroom. Externally is an enclosed rear garden and allocated parking for two cars.
PRICING & AFFORDABILITY
Approximate Size 933 sq ft
Full Market Value: £260,000
50% Share Price: £130,000 (rent £297.92pcm)
60% Share Price: £156,000 (rent £238.33pcm)
75% Share Price: £195,000 (rent £148.96pcm)
Minimum 5% Mortgage Deposit (50% share): £6,500
Approximate Service Charges: £52.50 pcm*
Shared Ownership Lease: 125 years
Council Tax Band: TBC
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
At Sketchley Gardens you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
*These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
SOWN Shared Ownership are part of the Leaders Romans Group and are selling the homes on behalf of Sage Homes. Sage Homes is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Homes visit .
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Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of
Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership,
which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham.
At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property servic... Show more
Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership,
which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham.
At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property servic... Show more
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