Damson Way, Bidford-on-Avon, Alcester, B50
- Brand new shared ownership home
- Highly sought-after location
- Allocated parking
- Private garden
- Ground floor cloakroom
This property is available to buy from as little as £156,250 with a 50% share!
Just ten minutes' walk from the charming village centre and only 7 miles from Stratford-upon-Avon, Kings Meadow is a desirable new neighbourhood in the heart of Warwickshire.
On the northern edge of Bidford on-Avon, half a mile from the village's busy High Street, the development is just five minutes' drive from the A46, offering drive times of around half an hour to Worcester and Leamington Spa. Buses between Stratford-upon- Avon and Evesham stop 150 yards away, and the journey to Stratford takes around fifteen minutes.
Bidford-on-Avon is served by two railway stations. Trains between Hereford and London Paddington stop at Honeybourne, five miles south of the village, reaching Worcester in around 30 minutes and London in approximately two hours. Services from Stratford-upon- Avon, seven miles to the east, run to Birmingham, around 40 minutes away, and to Leamington Spa from where there are connections to London Marylebone and Euston.
This brand new three bedroom detached home benefits from two allocated parking spaces and an enclosed rear garden. The accommodation offers: living room, cloakroom, kitchen/diner, three bedrooms, family bathroom and ensuite.
PRICING & AFFORDABILITY
Approximate Size: 89 sq m
Full Market Value: £312,500
50% Share Price: £156,250 (rent £358.07pcm)
Minimum 5% Mortgage Deposit (50% share): £7,813
Approximate Service Charges: £64.46 pcm
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.
At Kings Meadow you can buy a minimum 50% 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.
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.
Leaders Romans Group are selling the homes on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit www.sagehousing.co.uk.