Warwick Gates

2 - 3 bedroom homes in Warwick Gates, Warwick, Warwick, CV34 6SL

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £149,998 for 50% share
Full price from £299,995
Min deposit from £7,500
Monthly rent from £344
Bedrooms 2-3
Bathrooms 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Warwick Gates presents to you its last 2 bed home available in Warwick - a town on the River Avon that thrives on its rich history and friendly community. Hurry and register your interest today to ensure you don't miss out on this beautiful home!

Warwick Gates is less than two miles from the town centre which has a range of shops, markets, pubs and restaurants, as well as essential services. There's a choice of impressive brand new homes each carefully designed to meet the needs of today's lifestyles. So if you're seeking a superb new home close to an historic county town, your search ends here.

Local area information

Leamington Spa railway station surrounds the area and can take you to many cities such as London and Birmingham, while Warwick itself offers lots of things to do, whether you want some quiet time to yourself or are looking for a day out with the family. Activities include a trip to Warwick Castle, a stroll around Jephson Gardens in spring or a historic tour around the medieval Lord Leycester Hospital.

Status Plot No. Floor Beds Min share price Eligibility
Available The Atherstone - 2 bed 774 2 £149,998 View details

FAQ's

Min share price from: £149,998 for a 50% share
Full price from: £299,995
Minimum deposit from: £7,500
Monthly rent from: £344
Bedrooms: 2
Bathrooms: 2

There is only one available priced at £149,998 for a 50% 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.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Warwick Gates

2 - 3 bedroom homes in Warwick Gates, Warwick, Warwick, CV34 6SL

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £149,998 for 50% share
Full price from £299,995
Min deposit from £7,500
Monthly rent from £344
Bedrooms 2-3
Bathrooms 2

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes