£132,500

2 bed flat for sale

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Leasehold

£132,500

2 bed flat for sale

Kingfisher Close, Warwick CV34

2 beds
2 baths
1 reception

Key Information

Tenure:
Leasehold (Ask agent)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Emscote Infant School 0.4 miles
  • Brookhurst Primary School 0.4 miles
  • Warwick 1 mile
  • Leamington Spa 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Guideline Minimum Deposit £13,250
  • Guide Min Income Dual £42.3k Single £48.6k
  • First Floor (building has a lift)
  • Approx. 850 Sqft Gross Internal Area
  • Semi-Open-Plan Kitchen/Reception Room
  • Bathroom plus En-Suite Shower Room
  • Large, South/South-East-Facing Terrace
  • Secure Underground Parking Space
Shared ownership (Advertised price represents 50% share. Full market value £265,000). A spacious two-bedroom flat on the first floor of Maple Court. The well-presented property has a twenty-foot, dual-aspect reception room with glazed door that opens onto a large, south/south-east-facing terrace. The kitchen features integrated appliances including a fridge/freezer, dishwasher and double oven. There is a generously-sized main bedroom with fitted, mirror-fronted wardrobe and naturally-lit, en-suite shower room plus a second bedroom, an attractive, high-spec bathroom and a pair of hallway storage/utility cupboards. The block is part of a recently-constructed development alongside the River Avon. Modern standards of insulation and high performance glazing help to keep energy costs down. The flat comes with use of a parking space and is within easy reach of both Warwick and Leamington Spa town centres. Ofsted list three primary schools within half a mile, all rated either 'Good' or 'Outstanding'.

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 01/01/2019).
Minimum Share: 50% (£132,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £384.28 per month (subject to annual review).
Service Charge: £222.36 per month (subject to annual review).
Ground Rent: £250.00 for the year.
Guideline Minimum Income: Dual - £42,300 Single - £48,600 (based on minimum share and 10% deposit).
Council Tax: Band C, Warwick District 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

Bedroom 1
12' 10" max. X 12' 7" max. (3.91m x 3.84m)

En-Suite Shower Room

Bedroom 2
10' 7" x 8' 7" max. (3.23m x 2.62m)

Bathroom

Reception Room
20' 6" x 13' 0" (6.25m x 3.96m)

Kitchen
13' 0" x 7' 10" (3.96m x 2.39m)

Balcony

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

More information

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  1. Zoopla
  2. For sale
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  5. Kingfisher Close

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