2 bedroom house for sale
Key information
Property description & features
- Tenure: Leasehold (990 years remaining)
- Nearby local amenities
- Zanussi electric oven, gas hob and stainless-steel chimney hood
- Paved patio area
- Turf to rear garden
- Garden storage to each plot
- Photovoltaic solar roof panels to rear of all plots
- Two parking bays per property
- NHBC 10 Year Build Warranty
Final phase of 2 bed houses available now!
Welcome Home to Mercia Reach
A beautiful collection of new 2 and 3 bedroom homes available with Shared Ownership in Tamworth, Staffordshire.
Plot 492 is a 65 square metre, Two Bedroom, Semi Detached House with private garden and 2 parking bays at Mercia Reach, Tamworth, Staffordshire, available to purchase through Shared Ownership.
Available to purchase from a 40% share.
Financial Breakdown:
- Full Market Value: £240,000
- 40% Share Value: £96,000
- 5% deposit of 40%: £4,800
- Rent on unowned share: £337 per month
- Service Charge: £81.54 per month
- Council Tax Band: TBC*
Whether you are looking for your first home or need more room to accommodate a growing family, the homes at Mercia Reach are the perfect place to put down roots of your own.
Located within walking distance to the well-known Ventura Park and nearby to Ankerside shopping centre, you will be spoilt for choice with a Sainsbury's and Asda super centre for all of your everyday shopping needs.
There are also Ofsted 'outstanding' rated schools, local markets, a GP surgery, Post Office and restaurants right on your doorstep. Your new home at Mercia Reach is the perfect base to explore all the amenities that Tamworth has to offer.
Looking to save money on bills and live more sustainably? Every home at Mercia Reach has been built with a high standard of insultation that helps keeps your heat in and your bills affordable. Buying a new home at Mercia Reach means your new place is often more energy efficient than an older home of the same size giving you the best of both worlds.
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.
The final phase of Shared Ownership homes at Mercia Reach are expected to be ready to move in from Summer 2024.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
LOCAL AREA
Full of local gems in Tamworth, Staffordshire.
A great day out is never far from home at Mercia Reach, as adventure seekers will love being just a few miles away from Drayton Manor Theme Park and the Snowdome in Tamworth which offers a wintery adrenaline rush all year round.
For a breath of fresh air, Hopwas Hays Wood and Tameside Nature Reserve are also both nearby for you to explore and enjoy a day in the sunshine.
If you're looking for an activity full of history and charm, you can visit Tamworth Castlewhich is home to 15 period rooms dating back to the 1180's. You can explore the stunning grounds of the castle or enjoy a river walks and picnic. Don't forget to stop by the adventure play area which is perfect for children who love exploring new things!
You can also enjoy a day at Middleton Hall and Gardens which has everything you need for your next big family day out, from discovering the historic house to running wild in the gardens, there are plenty of family friendly activities along the way.
When you're ready to explore further afield, you are only a two mile drive to Tamworth Train Station which offers quick links and regular service to Birmingham, Leicester and Wolverhampton. Or, by car you also have easy access to the M42, M6 Toll, A38 and A5. With two nearby airports, Birmingham Airport and East Midlands Airport, you can easily enjoy even more adventures.
WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:
To be eligible for a home at Mercia Reach, you'll need to:
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Eligible buyers must Live in the Administrative borough of Tamworth
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
NB: Exterior images are of recent two & three bed houses at Mercia Reach, with interior CGI's are representative of the interiors from actual two bed houses
Property information from this developer
Places of interest
See more properties like this:
*DISCLAIMER
Property reference TMjZYdWVd1o. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Legal & General Affordable Homes - Mercia Reach.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.