Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

The Burrows, 2 bed homes


The Burrows, Newbold on stour, Stratford-on-Avon, CV37 8UP

Shared ownership

Starting prices

40% share from
£104,000
Full price
£260,000
Minimum deposit
£5,200
Monthly rent
£358
Monthly service charge
£52

Overview

The Burrows is a brand new development comprising two bedroom homes in Warwickshire countryside.

These modern two-bedroom homes benefit from an open plan living space and a kitchen fitted with A-rated appliances. Additionally, these properties feature a rear garden accessible through the separate living room. 

To receive the latest updates and details about The Burrows please register your interest.

Please Note: 

Price shown is an estimate.

Images shown of the interiors are representative and do not show actual homes at The Burrows.

Viewings by appointment only.

 


Local area information

Newbold-on-Stour, a delightful village in the South West countryside

In this lively village, you can enjoy a wealth of local amenities and great restaurants such as the 16th century White Hart pub and restaurant, famous for its traditional Sunday roasts.

Shipston-on-Stour is just 4 miles away from The Burrows, a bustling market town with a range of shops, pubs and restaurants.

Newbold-on-Stour offers a great choice of local schools including Teddington Primary School and Shipston High School at Shipston-on-Stour.

The development has great access to the M40 and the nearby train station, Moreton in Marsh, has services to central London.


Plot availability

Plot number 25
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £65,000
Full market price £260,000
Monthly rent £358
Monthly service charge £52
Ownership Leasehold

Kitchen
• Contemporary Cashmere kitchen
• Laminate worktops and laminate upstand with stainless steel splashback
• Stainless steel sink with chrome mixer tap
• Electric single oven and gas hob with extractor hood
• Space for fridge/freezer
• Space for washing machine
• Removable base unit with plumbing to accommodate dishwasher

Bathroom
• Contemporary white Vitra bathroom suite with thermostatic bath/shower mixer over bath
• Glass shower screen
• Chrome lever Vado mixer tap to pedestal basin
• Porcelanosa grey large-format full-height wall tiling to bath area with splashback to basin
• Heated towel rail

Cloakroom
• Contemporary white Vitra toilet and pedestal basin

Flooring
• Wood effect vinyl flooring to the ground floor and bathroom
• Carpet to hall, stairs, landing and bedrooms

General
• UPVC double glazed windows
• Ceilings, architraves and skirtings painted white
• Walls painted in magnolia matt emulsion
• White painted, 4 panel internal doors with chrome ironmongery
• Gas central heating via Combi boiler and white contemporary radiators
• Two parking bays per property
• NHBC 12 year warranty

Electrical
• Door bell with chime
• Downlights to kitchen area with pendant to dining area
• Downlight to bathroom
• Pendant lighting to hall, landing, lounge and bedrooms
• White sockets and switches throughout
• TV point to lounge and all bedrooms
• Telephone point to lounge and all bedrooms
• Smoke detectors
• Heat detector to kitchen
• Extractor fan to bathroom and cloakroom
• Shaver socket to bathroom
• Light to front and rear elevation

External
• Paved patio area
• Turf to front and rear gardens
• Timber fencing to rear gardens
• Shed to rear garden

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
83
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
85
Not environmental friendly - higher CO2 emissions
Plot number 26
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £65,000
Full market price £260,000
Monthly rent £358
Monthly service charge £52
Ownership Leasehold

Kitchen
• Contemporary Cashmere kitchen
• Laminate worktops and laminate upstand with stainless steel splashback
• Stainless steel sink with chrome mixer tap
• Electric single oven and gas hob with extractor hood
• Space for fridge/freezer
• Space for washing machine
• Removable base unit with plumbing to accommodate dishwasher

Bathroom
• Contemporary white Vitra bathroom suite with thermostatic bath/shower mixer over bath
• Glass shower screen
• Chrome lever Vado mixer tap to pedestal basin
• Porcelanosa grey large-format full-height wall tiling to bath area with splashback to basin
• Heated towel rail

Cloakroom
• Contemporary white Vitra toilet and pedestal basin

Flooring
• Wood effect vinyl flooring to the ground floor and bathroom
• Carpet to hall, stairs, landing and bedrooms

General
• UPVC double glazed windows
• Ceilings, architraves and skirtings painted white
• Walls painted in magnolia matt emulsion
• White painted, 4 panel internal doors with chrome ironmongery
• Gas central heating via Combi boiler and white contemporary radiators
• Two parking bays per property
• NHBC 12 year warranty

Electrical
• Door bell with chime
• Downlights to kitchen area with pendant to dining area
• Downlight to bathroom
• Pendant lighting to hall, landing, lounge and bedrooms
• White sockets and switches throughout
• TV point to lounge and all bedrooms
• Telephone point to lounge and all bedrooms
• Smoke detectors
• Heat detector to kitchen
• Extractor fan to bathroom and cloakroom
• Shaver socket to bathroom
• Light to front and rear elevation

External
• Paved patio area
• Turf to front and rear gardens
• Timber fencing to rear gardens
• Shed to rear garden

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
83
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
85
Not environmental friendly - higher CO2 emissions

FAQ's

Min share price from: £65,000 for a 25% share
Full price from: £260,000
Minimum deposit from: £5,200
Monthly rent from: £358
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £65,000 for a 25% share to £65,000 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Legal & General Affordable Homes
Shared ownership

Starting prices

40% share from
£104,000
Full price
£260,000
Minimum deposit
£5,200
Monthly rent
£358
Monthly service charge
£52