Summary - 3, Gauntlet Way, SOUTHAM CV47 1AN
2 bed 1 bath End of Terrace
40% shared equity in Southam with garden and two parking spaces.
40% shared ownership share priced at £108,000
122 years remaining on the lease
Monthly rent £431.94 plus possible service charge
Two bedrooms, one family bathroom, downstairs WC
Driveway parking for two cars and private garden
Built recently with modern finishes and gas central heating
Compact/average room sizes — limited living footprint
Shared-ownership restrictions: no subletting; association approval required
This recently built two-bedroom end-terrace offers an affordable route onto the ladder via Orbit Shared Ownership. You get a 40% share priced at £108,000, a 122-year lease and a low-maintenance interior laid out over two storeys — ideal for buyers who want a move-in-ready starter home.
The ground floor has an open-plan kitchen/diner, lounge and a downstairs WC; upstairs has two bedrooms and a family bathroom. The property was built in 2017/2022 (developer details vary) and benefits from gas central heating, fast broadband capability and driveway parking for two cars plus a private garden.
Shared ownership comes with clear conditions: a monthly rent of £431.94 payable to Orbit, possible service charges and buildings insurance contributions, and eligibility checks set by the association. The property cannot be sub-let and offers above the RICS valuation will not be accepted — buyers must complete Orbit’s application and have mortgage approval accepted by the association.
Rooms are compact to average in size, with contemporary, neutral finishes and low running maintenance. The house suits first-time buyers who meet the affordability assessment (estimated minimum household income circa £38,063) and want a practical, low-upkeep home in a comfortable Southam neighbourhood with good local schools and transport links.
Semi-detached house for sale in Tempest Close, Southam, CV47 — £148,500 • 1 bed • 2 bath
2 bedroom semi-detached house for sale in Gardeners Way, Southam, CV47 — £255,000 • 2 bed • 1 bath • 435 ft²
2 bedroom semi-detached house for sale in Spitfire Road, Southam, CV47 — £68,750 • 2 bed • 2 bath • 713 ft²
2 bedroom semi-detached house for sale in Gardeners Way, Southam, CV47 — £140,250 • 2 bed • 1 bath • 435 ft²
3 bedroom semi-detached house for sale in Sandpit Boulevard, Heathcote, Warwick, CV34 — £220,000 • 3 bed • 1 bath • 926 ft²
2 bedroom end of terrace house for sale in Typhoon Way, Southam, CV47 — £130,000 • 2 bed • 1 bath • 793 ft²
