21 Wharrad Close

Property Overview

Offering approximately 1022 sq ft of space, this three-bedroom home combines practical living spaces with flexible rooms to suit modern lifestyles, all within a popular residential setting.

The ground floor comprises a welcoming entrance hallway, convenient cloakroom, and a bright and spacious sitting room providing an excellent space to relax and entertain. To the rear of the property, the generous kitchen offers ample worktop and storage space, with direct access to the garden room, creating a versatile additional reception area that could be used as a dining space, home office or family room.

Upstairs, the property benefits from three bedrooms, including a generous principal bedroom with built-in storage. Two further bedrooms offer flexibility for family members, guests or home working. Completing the accommodation is a modern family bathroom fitted with a bath and overhead shower.

Financial Breakdown

• Full Market Value: £250,000
• 50% Share Value: £125,000
• Rent (50% share): £375.89 per month
• Estate Charge: £0.00 per month
• Buildings Insurance: £25.53 per month
• Management Fee: £0.00 per month
• Reserve Fund: £0.00 per month
• Total Monthly Payment (excluding mortgage): £401.42 per month
• Lease Length: Approximately 80 years remaining

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.

L&G 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.

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.

Local Area

Located in the sought-after village of Bidford-on-Avon, this home enjoys a picturesque setting on the River Avon, surrounded by beautiful Warwickshire countryside. The village offers a range of everyday amenities including shops, cafés, pubs, a primary school and leisure facilities, all within easy reach.

Conveniently positioned between Stratford-upon-Avon and Evesham, with Alcester nearby, residents benefit from excellent local connections while enjoying the charm and community feel of a thriving riverside village.