Affordable new-build ownership opportunity in peaceful countryside village.
- 25% share available from £47,500 with example rent shown
- Ground-floor two-bedroom new-build, approx 540 sq ft
- Allocated off-street parking and low-maintenance garden
- Approximate annual service charge £1,597.32 (est.)
- Long lease remaining (c.125 years)
- Council tax band not yet confirmed
- Village location with good transport links to Warwick
- Area records above-average crime rates
This brand-new, ground-floor two-bedroom apartment at Heritage Grange offers a low-entry route onto the property ladder via shared ownership. With a 25% share available from £47,500, the home combines modern fittings, an open-plan living space and allocated off-street parking — useful for first-time buyers seeking an affordable start in a village location.
Set in the pleasant Warwickshire countryside of Upper Lighthorne, the development benefits from good transport links to Warwick and Leamington Spa and nearby amenities including good-rated primary and secondary schools. The apartment’s compact 540 sq ft footprint is efficient and low-maintenance, with double glazing and energy-efficient new-build construction helping running costs.
Buyers should factor in the full cost picture: service charges are approximately £1,597.32 yearly (circa £133.11 pcm), plus monthly rent on unsold shares (example: £326.56 pcm at 25% share) and a yet-to-be-confirmed council tax band. The area records above-average crime, so check local safety measures and communal security before committing.
Eligibility rules apply for shared ownership (income caps, deposit and occupation conditions). The lease length is long (c.125 years), and the property suits buyers looking for an affordable entry, later staircasing potential, or a low-maintenance rural base with good links — not buyers needing generous indoor space or full ownership immediately.
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