Property photos
Just added
Leasehold
£58,975
1 bed flat for sale
Tuning House, 71 Maine Street, Houlton CV231 bed
1 bath
1 reception
EPC rating: B
Local area information
Property location
Nearby amenities
- Hillmorton Primary School 1 mile
- English Martyrs Catholic Primary School 1.4 miles
- Rugby 3 miles
- Long Buckby 6.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Guideline Minimum Deposit £5,897.50
- Guideline Minimum Income £20,500
- First Floor
- Approx. 510 Sqft Gross Internal Area
- Triple-Aspect Kitchen/Reception Room
- Two Juliette Balconies
- Communal Cycle Store
- Parking Space (+ Shared Visitor Parking)
Shared ownership (Advertised price represents 35% share. Full market value £168,500). A smartly-presented and well-proportioned flat on the first floor of this recently-constructed development. The property has a twenty-foot kitchen/reception room with Juliette balcony plus windows on two further sides. The spacious bedroom features a second Juliette balcony and both balconies face a pleasant and neatly-tended area of garden. There is a sleek, naturally-lit bathroom and the energy-efficiency rating is very good, thanks to well insulated walls, high performance glazing and a modern gas central heating system. A car park to the rear of the block includes a space for this flat plus four, shared, visitor spaces. There is also a communal cycle store.
Interested parties are required to complete the shared ownership common application form [ ]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 02/03/2020).
Minimum Share: 35% (£58,975). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £275.91 per month (subject to annual review).
Service Charge: £149.25 per month (subject to annual review).
Guideline Minimum Income: £20,500 (based on minimum share and 10% deposit).
Council Tax: Band B, Rugby Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
First Floor
Entrance Hallway
Reception
20' 0" x 12' 11" max. (6.10m x 3.94m)
Kitchen
included in reception measurement
Bedroom
13' 0" max. X 9' 11" max. (3.96m x 3.02m)
Bathroom
Interested parties are required to complete the shared ownership common application form [ ]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 02/03/2020).
Minimum Share: 35% (£58,975). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £275.91 per month (subject to annual review).
Service Charge: £149.25 per month (subject to annual review).
Guideline Minimum Income: £20,500 (based on minimum share and 10% deposit).
Council Tax: Band B, Rugby Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
First Floor
Entrance Hallway
Reception
20' 0" x 12' 11" max. (6.10m x 3.94m)
Kitchen
included in reception measurement
Bedroom
13' 0" max. X 9' 11" max. (3.96m x 3.02m)
Bathroom
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
Urban Moves
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Urban Moves. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Urban Moves for full details and further information.