2 bedroom apartment for sale
Key information
Features and description
- Approximately 107 years remaining on the lease
- Bright open plan living and dining area
- High quality fixtures and fittings throughout
- Modern fitted kitchen with ample storage and worktop space
- One allocated parking space
- Shared Ownership resale opportunity, 70% share
- Well located for local amenities, transport links, and Warwick town centre
- Well maintained two bedroom top floor apartment
Shared Ownership Resale (70% Share)
Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this well maintained shared ownership resale apartment at 39 Brittain Lane, Warwick. The price shown represents purchasing a 70% share of the home.
Located in the historic and popular town of Warwick, the property offers an excellent opportunity for buyers looking to step onto the property ladder through Shared Ownership.
Situated within a modern residential development, this beautifully presented two-bedroom; top floor apartment offers stylish, low-maintenance living within easy reach of local amenities, transport links, and the historic town centre.
The property benefits from an abundance of natural light throughout, creating a bright and welcoming atmosphere. The spacious living/dining area provides the perfect setting for both relaxing and entertaining, while the modern fitted kitchen offers ample storage, contemporary cabinetry, and generous worktop space. High quality fixtures and fittings are found through-out the property to emphasise the premium feeling of your new home. The property comes with one parking space.
Financial Breakdown:
- Full Market Value: £210,000
- 70% Share Value: £147,000
- Rent on unowned share: £157.45 per month
- Service Charge: £145.07 per month
- Lease Remaining: 107 Years
- EPC Rating: C
- Council Tax Band: B
Local Area:
Locally, you’ll have a large number of amenities available to you – Some of the nations largest supermarkets like Tesco, Lidl, Sainsbury’s and M&S are all accessible within a 5 minute car journey from your doorstep. Leamington Shopping Park is also reachable within 5 minutes of your home, offering access to a number of major retailers such as Boots, Next and Tk Maxx. Royal Priors Shopping Centre in Leamington Spa is located less than 10 minutes away. Myton Park, Jephson Gardens and Victoria Park – Leamington Spa are 3 amazing parks and green spaces for you to explore and soak in your new environment.
What is Shared Ownership?
Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying a subsidised rent on the remaining share.
Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%. Deposits and mortgage payments are based on the share purchased, meaning costs are often lower than buying outright or renting privately.
Legal & General Affordable Homes is a Registered Provider delivering Shared Ownership homes and committed to creating well designed communities and supporting buyers throughout their home buying journey.
Eligibility Criteria
To be eligible for Shared Ownership, you will 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 your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
This resale opportunity offers a chance to buy an established home through the Shared Ownership scheme, providing a more affordable and flexible way to get onto the property ladder.
About Highlight Housing
We are The Affordable Homes Agency.
Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.
With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.
Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.
Shared Ownership Disclaimer
Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent is payable on the share not owned, along with any applicable service charges and other outgoings. Staircasing is subject to a valuation at the time of purchase and additional legal and valuation costs may apply. Priority may be given to applicants with a local connection. All information provided is for guidance only and does not form part of any contract.
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