New-build shared-ownership near Leamington Spa with two parking spaces and garden.
Three-bedroom mid-terrace new build with gas central heating
Shared ownership: 35% share available for £119,000
Rent/service charge to housing provider £551.82 pcm
Leasehold with approximately 123 years remaining
Two off-street parking spaces included
Turfed rear garden with 1.8m fencing, low maintenance
Single family bathroom; vinyl flooring to wet areas
Area recorded as very deprived; resale prospects may be affected
This three-bedroom mid-terrace is a newly built shared-ownership home offered as a 35% share, ideal for first-time buyers seeking an affordable route onto the property ladder. The house is low-maintenance, with a fitted kitchen (oven, hob, extractor), vinyl flooring to wet areas, gas central heating, and two off-street parking spaces. A turfed rear garden and 1.8m fencing provide an easy outdoor space for children or pets.
The location sits in rural Warwickshire with good road links: the M40 is close by for commuting to Birmingham, Oxford and Banbury, and Leamington Spa is about six miles away for shopping and leisure. Several well-regarded schools are within easy reach, including Lighthorne Heath Primary and Kineton High School (both Ofsted ‘Good’), making this suitable for young families starting out.
Buyers should note this is a leasehold shared-ownership property: the asking price reflects a 35% share (£119,000) with a combined rent/service charge of £551.82 pcm payable to the housing provider. The lease has about 123 years remaining. There is a single family bathroom and some ongoing monthly costs; council tax band is not provided. The area is recorded as very deprived, which could affect long-term resale prospects and local amenities.
Overall this home offers a practical, lower-entry option into the market with modern finishes and good transport links, but it carries the usual shared-ownership commitments and local socio-economic considerations that buyers should factor into affordability and long-term plans.
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