2 bed terraced house for sale

Railton Close, Coventry CV5

Brand New 2 Bedroom Mid Terrace House available to buy on Shared Ownership. £85,750 for a 35% share. £500 Cashback^ located in a sought after Coventry suburb of Coundon, within walking distance of the city centre, Alvis Retail Park & local amenities.
The property briefly comprises
Entrance with stairs to first floor
Living Room
Fitted Kitchen/Diner with Oven/Hob
Downstairs WC
Two bedrooms
Bathroom with shower over bath
Turfed rear garden
Parking for 2 vehicles

This energy efficient new home is located just off the Holyhead Head in the Coundon area of Coventry with excellent bus & road links. The centre of Coventry less than 1 mile away and also offers a good choice of amenities including high street stores, cafés, restaurants and bars. From music, theatre and festivals, to museums, Cathedrals and medieval history, the city has something for everyone. Coventry is just one hour from London and only 20 minutes to Birmingham by train and has great transport links to surrounding areas. Birmingham Airport is only 15 minutes away by car.

Price
2 Bedroom £245,000 (100%)
35% share £85,750* Rent = £364.95

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £17.30
Service/Estate Charge: £5.75

^£500 Cashback available on this property. Subject to terms and conditions and only payable upon completion by a specific date.

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. Shared Ownership homes provided through the new Shared Ownership and Affordable Homes Programme 2021 to 2026.

*The Price advertised is for our target share of 35% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.

Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.

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.

Any images/photographs shown are for illustrative purposes only.

>Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. These particulars do not form part of a contract or warranty.