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New build homes for sale in Leamington Spa
3 developments
Bamford Park
by RA Bennett
Leamington Spa, Warwickshire, CV33 8BN
2 & 3 bedroom houses
From £117,000 for a 40% share
(From £292,500 Full Market Value)
Bamford Park in Lighthorne, just south of Leamington Spa is a brand new development of 2 and 3 bedroom semi-detached and terraced homes available to purchase for shared ownership with *5% deposit paid developer incentive available.
All homes are available to purchase with shared ownership, in the village of Lighthorne located in heart of the Warwickshire countryside. This delightful village has a local shop for your essentials and a pub where you can relax over a drink.
There are several schools close by, Lighthorne Heath Primary School and 5 miles away Kineton High School, both Ofsted rated ‘Good’. Southam College is just 10 miles away and is regarded by Ofsted as ‘Outstanding’. Situated approximately 6 miles from the Royal town of Leamington Spa, and a short distance to Warwick, Stratford upon Avon and further afield Banbury.
You will find plenty to see and do, from shopping, dining, enjoying a drink or taking in the local history. There are plenty of recreational facilities to suite all ages in the surrounding areas, including the British Motor Museum, Warwick Castle, The Royal Shakespeare Theatre, race courses in both Warwick and Stratford, leisure centres and cinemas to name but a few. Banbury is easily accessible from Bamford Park, just down the M40 motorway, where you’ll find a retail park with several large high street stores.
With the M40 being less than 2 miles away from these new homes, this provides transport links to Oxford, Birmingham, Banbury and London. The nearby A46 takes less than 30 minutes to reach Coventry. Birmingham airport is approximately 45 minutes away by car via the M40/M42.
The train station at Leamington Spa has regular connections to London Marylebone. Local buses passing through Lighthorne take you to Leamington, Kineton, Stratford, Fenny Compton, Gaydon and Banbury (No 77 & 77A)
Price example:
Plot 50 (Kirk Housing Type)
Share price based on 40%
Full market value - £292,500
Share price - £117,000
Rent per month (inclusive of service charges) £450.41
Lease term 125 years
Minimum deposit required £5,850
Disclaimer – Please note that an 80% staircasing restriction applies to these homes
What is shared ownership?
Shared Ownership is a government-backed scheme designed to help people who cannot afford to buy a suitable home outright.
It’s often described as part-buy, part-rent:
• You buy a share of your home (usually between 10% and 75%)
• You pay rent to Citizen on the share you don’t own
• You’re an owner-occupier and hold a lease on the property
Benefits of Shared Ownership
• A lower deposit and mortgage compared to buying outright
• The opportunity to increase your share over time (known as staircasing)
• More security than private renting
• The chance to benefit if your home increases in value
Shared Ownership is usually available if:
• Your household income is £80,000 or less (or £90,000 or less in London)
• You cannot afford to buy a suitable home on the open market
• You have a good credit history and enough savings for a deposit (usually 5–10% of the share you’re buying)
• You can afford the ongoing costs of owning a home
Existing homeowners may still be eligible, but you’ll normally need to be selling your current home and show that it doesn’t meet your needs.
Disclaimers:
5% deposit paid at Bamford Park. This incentive is not in conjunction with any other offer, and is based on the advertised share only and not increased share percentages you may be able to afford to buy.
Select images in this listing have been digitally enhanced or virtually staged to show how the home could look when furnished. Actual property layout, finishes, and features may vary.
Shared ownership
Aston Grange
by Shipways
Gaydon, Warwickshire, CV33 8AH
3 bedroom houses
From £82,500 for a 25% share
(From £330,000 Full Market Value)
Aston Grange features a beautiful selection of one and three-bedroom Shared Ownership homes, nestled in the picturesque Warwickshire countryside. Designed to meet the needs of first-time buyers, professional couples, and growing families, these homes offer the ideal balance of quality, affordability and location.
Shared ownership
Holyhead Road
by Midland Heart Housing Association
Coundon, West Midlands, CV5 8NA
2 bedroom houses
From £85,750 for a 35% share
(From £245,000 Full Market Value)
AVAILABLE NOW - Brand New Two Bedroom Houses available to buy on Shared Ownership.
This new development is located off the Holyhead Road in the Coundon area of Coventry. This sought after location is within walking distance of the city centre, Alvis Retail Park & local amenities.
• 2 Bedroom Houses - from £85,750 for a 35% share*
• £1,000 Cashback^ available
• A sought-after area within easy reach of Coventry city centre
• A good range of local amenities & excellent transport links
• Available on new Shared Ownership scheme with 990 year lease
• 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.
Located in the popular suburb of Coundon with excellent bus & road links. Close to the Alvis Retail Park with a good choice of supermarkets & home/furniture stores within very easy reach. 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.
Price
2 Bedroom from £245,000 (100%)
35% share = £85,750* Rent = £364.95
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £17.30
Estate Charge: £5.75
^£1,000 Cashback available on selected plots. Subject to terms and conditions and only payable upon completion by specific date (dependent upon plot).
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.
*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.
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.
Images/photographs shown are for illustrative purposes only & simply represent a typical Midland Heart property at this location.
Shared ownershipGreen features
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