Giblin Lane, Lighthorne, Warwick

Property Details: • Type: End of Terrace • Tenure: N/A • Floor Area: N/A

Key Features: • Brand new Shared Ownership home • Kitchen/diner • Parking • Garden • Two double bedrooms • Easy access to the M40 motorway

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GZ

Full Description: Shared OwnershipReserved by 14th February 2025 and recieve a contribution of £1,500 towards your legal fees.^ This brand new home is available to buy from as little as £65,000 with a 25% share!Nestled in the heart of the Warwickshire countryside, Valiant Fields is situated in the brand new community of Upper Lighthorne. The development provides a beautiful range of Shared Ownership homes in a stunning location surrounded by plenty of green open space with excellent access to transport connections. Royal Leamington Spa, Coventry, Banbury and Birmingham are all close at hand, allowing you to enjoy the very best of both town and country living.Offering excellent transport connections throughout the area with convenient access to the motorway network. The M40 is less than two miles from the development and provides routes to Oxford, Birmingham, Banbury and London among other popular destinations. Coventry can also be reached in just under 30 minutes via the A46. Around a 15 minute drive from Valiant Fields is Leamington Spa train station which serves a number of major destinations including Birmingham, London and Manchester. For those requiring international travel, Birmingham airport is just over 30 minutes away by car.The Royal Priors Shopping Centre is Leamington’s only indoor retail centre and is located under 20-minutes away by car. With spacious indoor boulevards and a mix of designer and high street brands, this impressive mall promises a satisfying retail experience, complete with quaint cafés and a family-friendly restaurant. Stunning architecture and award-winning parks provide a sophisticated backdrop to this Regency town. This brand new end of terrace home feature an open plan kitchen/diner at the back of the house, separate living room, cloakroom, two double bedrooms, bathroom, parking and garden.PRICING & AFFORDABILITYApproximate Size 864 sq ftFull Market Value: £260,00025% Share Price: £65,000 (rent £446.88pcm)50% Share Price: £130,000 (rent £297.92pcm)75% Share Price: £195,000 (rent £148.96pcm)Minimum 5% Mortgage Deposit (35% share): £4,550Approximate Service Charges: £63.29 pcm*Shared Ownership Lease: 125 yearsCouncil Tax Band: TBCELIGIBILITYShared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.At Valiant Fields you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.To be eligible for this shared ownership scheme you would need to meet the following criteria:• Your annual household income does not exceed £80,000.• You have a deposit of at least 5% of the share value.• You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence.• You are a permanent UK resident or have indefinite right to remain.Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.*Service charges are estimated and may subject to change.**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.SOWN are selling the homes on behalf of Sage Homes. Sage Homes is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Homes visit ^Sage Homes terms and conditions apply.The advertised offer is only available on plot 147 at Valiant Fields development;reserved by 14th February 2025. Exchange of contracts must occur before the agreedexchange deadline as stated in the memorandum of sale. Not to be used in conjunctionwith any other offer. A contribution of £1,500 towards your legal fees. Sage Homes’ legal fees contribution is deducted from the total cost payable to Sage atthe time of completion. Sage Housing Ltd reserve the right to withdraw or alter the terms of this offer at anytime prior to payment of a reservation fee. Please speak to a member of our Sales Team for more details. BrochuresParticulars