2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Sphinx Drive, Coventry, CV3 1WA
£26,000

Our Summary

  • The Spires represents a brand-new extension of the local community and sustainable redevelopment of currently derelict land, delivering much-needed affordable and high-quality homes for residents

Description

The Spires is a new residential development in Coventry, offering affordable and high-quality homes through shared ownership. The development features 2, 3, and 4-bedroom homes, with a range of options available. As an early bird reservation holder, you can reserve your desired plot before final pricing is confirmed. The shared ownership scheme allows you to buy a share of the property on a part-buy/part-rent basis, with the option to purchase more shares in the future. The share you purchase will determine the amount of rent you pay, and you'll need to obtain a mortgage for the share you want to purchase. With a deposit amount lower than purchasing a property on the open market, and the combined cost of mortgage and rent often cheaper than privately renting, shared ownership at The Spires can be a great opportunity for those struggling to get on the property ladder.