Summary - 38 CLARKSON CLOSE NUNEATON CV11 4BA
2 bed 2 bath Apartment
Affordable 50% shared-ownership two-bed, close to town and station..
- 50% shared ownership; ideal entry-level purchase
- Two bedrooms, one with en-suite shower room
- Allocated off-street parking space
- Top (second) floor — check access if stairs are an issue
- Gas central heating; double glazing throughout
- Lease approx. 105 years remaining
- Service charge £1,722.48pa; ground rent £150pa; rent on 50% £3,789.60pa
- Local area: very deprived with very high crime levels
A practical two-bedroom top-floor apartment offered at 50% shared ownership, suited to a first-time buyer looking for an affordable entry into the market. The property is part of a purpose-built modern block close to Nuneaton town centre and the railway station, with an allocated parking space and gas central heating. Accommodation includes a living room, fitted kitchen, two bedrooms (one with en-suite) and a family bathroom — all presented in generally good condition and easy to maintain.
Ownership costs are transparent: approximately £1,722.48 per year service charge, £150 per year ground rent, and a remaining 50% rent to the housing provider of £3,789.60 annually (circa £315.80 pcm). The lease has about 105 years remaining. Council tax is very low, helping to reduce running costs, but purchasers should check the lease and all running-cost figures with a solicitor.
There are important local considerations. The property sits in an area described as very deprived with a very high crime level; this affects resale and certain mortgage or insurance options. Broadband speeds are average and communal access to the top (second) floor should be confirmed if stairs or lift access matter. Internal viewing is recommended to confirm condition and suitability.
This apartment will suit buyers seeking an affordable, manageable home close to local schools, shops and transport. It offers a straightforward layout and modest running costs, but the high local crime rate and communal service charges are material factors to weigh before proceeding.
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