Holyhead Road in Coundon

This is a Shared ownership development by Midland Heart Housing Association

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.

• Affordable Homes - Exclusive to Midland Heart
• 2 Bedroom Terrace Houses - from £98,000 for a 40% share*
• 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%)
40% share = £98,000* Rent = £336.88
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £17.30
Estate Charge: £5.75

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 40% 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.

>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. All dimensions are approximate only & estimate the widest and longest points of each room. As they are only approximate, they should not be used for carpet sizes, appliance spaces and furniture. These particulars do not form part of a contract or warranty.

Example Shared ownership share price options

The following table shows examples of the share price range of this development at various share points

Are we missing any purchase information? Contact the developer

Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.

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