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Meadowcroft Farm by Midland Heart Housing Association in Nuneaton

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COMING SOON - Brand New Two & Three Bedroom Homes available to buy on Shared Ownership.

These desirable properties are located on a new development called Meadowcroft Farm on the north-eastern edge of Nuneaton near to the A5.

Only available to buy on Shared Ownership: 40% to 75% initial share available
The opportunity to buy more shares to own 100% of the property in the future
All interested parties must be approved by Help To Buy

2 Bedroom Terraced Houses starting from £70,000 for a 40% share*
3 Bedroom Semi-detached Houses starting from £90,000 for a 40% share*
*plus a monthly rental charge.


Properties briefly comprise:
Entrance Hall
Kitchen with oven, hob & hood
Downstairs WC
Living/Dining room with French doors to rear garden
Bathroom
Gas-fired central heating
Flooring/carpets throughout
Turfed rear garden
Allocated Parking

Prices
2 Bedroom £175,000 (100%)
Shares available from 40% to 75%
40% share = £70,000 Rent = £262.50
75% share = £131,250 Rent = £109.38

3 Bedroom from £225,000 (100%)
Shares available from 40% to 75%
40% share from £90,000 Rent = £337.50
75% share from £168,750 Rent = £140.63

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: 2 Bed £4.13; 3 Bed £4.82
Estate Charge: To be confirmed

This development is situated on the north-eastern edge of Nuneaton, close to the A5. It is well positioned 3.3 miles from Nuneaton Town Centre and 3.5 miles from Hinckley Town Centre. The location offers easy access the A5 & M69. Nearby Nuneaton and Hinckley offer local amenities, shops & restaurants.

Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder in an area that they want to live. It is great if you have limited savings, as you only need a deposit for the share you buy

COMING SOON - Contact us today for more information and see how we can help you buy your very own home.

Viewings strictly by appointment only - all applicants are required to register and apply in the first instance with Help to Buy Midlands for eligibility approval.

*Share advertised is the minimum share. Maximum share for initial purchase 75%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines. 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.

^Photographs shown are for illustrative purposes only and are of a typical Midland Heart property at this location.

Midland Heart Housing Association