Affordable new two-bedroom home near Leamington and M40 links.
40% share purchase price £118,000
A bright two-bedroom semi-detached new build offered as a 40% shared ownership share, priced at £118,000 with a monthly rent/service charge of £449.19 payable to the provider. The ground floor offers a cloakroom, store cupboard, lounge and kitchen/dining area; upstairs has two bedrooms, a family bathroom and additional storage. Two off-street parking spaces, a turfed rear garden and 1.8m high fencing are provided for low-maintenance outdoor space.
This home is aimed at first-time buyers seeking an affordable route onto the property ladder close to Leamington Spa and with excellent road links — the M40 is nearby and local rail connections serve London Marylebone. The property includes practical finishes: fitted oven, hob and extractor in the kitchen, gas central heating and vinyl flooring to wet areas, helping reduce immediate maintenance costs.
Important practical points: the home is leasehold with 123 years remaining and is sold as shared ownership, so staircasing and resale are governed by the lease and housing provider’s terms. There is an ongoing rent/service charge of £449.19 pcm which affects monthly outgoings. The development is in an area recorded as very deprived, which may affect local amenities and services compared with nearby towns.
Overall this is a modern, low‑maintenance two-bedroom new build suited to buyers prioritising affordable access to local employment hubs and transport. It offers straightforward living and potential to increase ownership over time, but buyers should review lease terms, service charges and local area factors before committing.
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