3 bed semi-detached house for sale

2 Callier Close, Cawston, Rugby CV22

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this well maintained three bedroom Shared Ownership home at 2 Callier Close, Warwickshire. The price shown represents purchasing a 50% share of the property. 

Property Overview

Don't miss the opportunity to step onto the property ladder with this attractive Shared Ownership three‐bedroom semi‐detached home, tucked away in a quiet Cawston cul‐de‐sac. Available to purchase at 50% ownership with a deposit from just £6,600, this home offers space, comfort and affordability in equal measure.

Inside, the property offers a well‐designed, family‐friendly layout, featuring a spacious living room, modern kitchen and a convenient downstairs Wc. Upstairs are two generous double bedrooms, a further single bedroom ideal for a nursery or home office, and a contemporary family bathroom.

Outside, you'll find an enclosed private rear garden, perfect for relaxing or entertaining, along with allocated parking, a valuable benefit in this desirable residential location. With more space than many comparable Shared Ownership homes nearby, this is an excellent opportunity for first‐time buyers, growing families or those ready to move on from renting.

Offering more space than many comparably priced shared ownership homes locally, the property is within easy reach of local shops, schools and amenities, with good transport links and access to Rugby town centre and commuter routes.

Shared Ownership allows you to purchase a 50% share for £132,000, with subsidised rent payable on the remaining share, making this a more affordable route to owning a three‐bedroom house with a garden and parking.

Financial Breakdown

• Full Market Value: £264,000
• 50% Share Value: £132,000
• Rent on unowned share: £413.24 per month
• Buildings insurance: £22.19 per month

Your annual rent is calculated at approximately 3.76% of the remaining share. 

Local Area

Located within Warwickshire, Cawston is around 8 minutes drive to the south-west of Rugby close to the A4071, and 12 miles from Coventry to the north-east.

The property benefits from a well established residential setting with access to local amenities, schools and everyday services, with several parks and play areas also close by.

The area is well connected, offering convenient transport links to nearby towns and commuter routes, making it a practical choice for both local living and travel further afield, Rugby station is 11 minutes away by car.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying a subsidised rent on the remaining share.

The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

• Have a combined household income under £80,000 per annum
• Be unable to purchase a suitable home on the open market
• Meet one of the standard criteria, such as being a first time buyer or forming a new household
• Demonstrate a local connection to the area (where applicable) 

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent, insurance and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or other payments could put your home at risk.