Higham Lane, Nuneaton, Warwickshire CV116BD

** PLEASE NOTE THESE PROPERTIES ARE UNDER CONSTRUCTION AND THEREFORE WE ARE UNABLE TO OFFER VIEWINGS, BUT CAN RESERVE "OFF-PLAN" **

The Development

On the outskirts of historic Nuneaton, Eaton Place is a new collection of beautiful two, and three, bedroom homes. With a peaceful rural location, lots of amenities nearby and great transport links to the rest of the Midlands, Eaton Place could be your ideal place to call home.

Surrounded by fields between the market towns of Nuneaton and Hinckley, the development is in the enviable position of having both beautiful countryside and great town facilities just minutes away. Nuneaton, which dates back to the late 12th century and is perhaps best known as the birthplace of George Eliot has undergone extensive renovation to offer a fantastic range of shops, eateries, activities and transport facilities. In the other direction, Hinckley is home to a range of great independent shops as well as big brands and a popular leisure centre. All of this, with the added benefits of several good schools nearby and brilliant transport links connecting you to Birmingham, Coventry, Leicester and London, make Eaton Place a fantastic option for a wide range of buyers.


The Property
The accommodation comprises of entrance hall, lounge, downstairs w/c, kitchen diner, three bedrooms and bathroom . The property has driveway and rear garden, and also benefits from central heating and double glazing.



Three-bedroom semi-detached house

£107,000 for a 40% share
Monthly rent on remaining share £367.82

*HANODVERS ANTICIPATED NOVEMBER 2024*

Prices are subject to change, please use as a guide only until properties are released for sale.

Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.

Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis on April 1st. This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.

Ground Rent - Not applicable


NEXT STEPS:
1. For further information, please download our brochure below.
2. TO APPLY NOW, please make an enquiry to
3. Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
4. Once you have passed the affordability assessment, we will forward your details to our Sales Consultant who will take you through the reservation process and advise you how to pay your £300 reservation fee.


Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.

We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.



Am I eligible?

Shared Ownership uses the following criteria to help people to get onto the property ladder:

- Maximum annual household income of £80,000.

- Unable to purchase a home suitable for your needs.

***Please note some images are typical and should be used as a guide only***