Summary - Flora Road, Coventry CV2 2RH
3 bed 1 bath Semi-Detached
Affordable 3-bed new build via 40% shared ownership — low-running-cost technology included.
3 bedroom semi-detached new build with turfed rear garden and off-street parking|Offered as shared ownership (40% share) — monthly rent £412.50|Modern methods of construction; air-source heat pump fitted|Some development plots may include solar panels and EV charging points|Carpets included; low initial furnishing cost|Leasehold tenure — potential additional leasehold fees apply|Service charge figures inconsistent in paperwork — verify before offer|Local crime above average; consider security measures
This three-bedroom semi-detached new build at Elm Fields Farm is a practical route onto the property ladder via shared ownership (40% share). The home is built using modern methods of construction and includes energy-saving features such as an air-source heat pump; some plots at the development may also have solar panels and EV charging points. The plot comes with carpets fitted, a turfed rear garden and off-street parking — ready for a low-maintenance start.
The weekly running costs should benefit from the efficient build and heat pump, but buyers should budget for ongoing leasehold obligations. The property is offered as leasehold/shared ownership with a listed monthly rent of £412.50. Service charge information is inconsistent in the materials provided (a figure of £265.68 is noted, while marketing text also references £22.14/month) — prospective purchasers should verify the correct service charge and any additional leasehold fees before committing.
Location is family-friendly with play areas, meadows and improved sustainable transport links planned, and several nearby schools rated Good. The site sits about 4.5 miles north-east of Coventry city centre, offering city access while remaining in a comfortable suburban setting. Note the local area records above-average crime; factor this into viewing and future security plans.
Overall this home will suit first-time buyers seeking a modern, lower-running-cost property via shared ownership. It offers clear affordability and sustainability benefits, but buyers must check lease terms, service charges and any extra fees prior to purchase.
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