Fern Green Close
£124,200 for a 40% share
Property description
Terraced home at Ashlawn Rise
Property address
Fern Green Close, Ashlawn Rise, Rugby, CV22 5FB
3 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £310,500
Share Value (40%): £124,200
Monthly Rent: £439.18
Service Charge: £63.69
Council Tax Band: C
990 year lease commenced July 2023 - 988 years remaining
The front door of this terraced home opens into a well-proportioned reception room that leads to a large kitchen diner, overlooking the garden. A rear lobby area, opening from the kitchen, provides direct access to the garden as well as housing a cloakroom/WC. On the first floor are two double bedrooms, the master to the front of the house, having benefit of built in storage. A third smaller bedroom would make a great office space. You also have a contemporary family bathroom.
A family and pet-friendly new neighbourhood, Ashlawn Rise is a community that benefits from a range of nearby amenities. There are five local supermarkets close by as well as beautiful countryside and several paths and cycle routes.
Ashlawn Rise is well connected for commuters. Rugby Station offers regular services into London Euston in 54 minutes, with Coventry and Birmingham New Street accessible in 10 and 25 minutes, respectively. By car, the development is just a seven-minute drive from Rugby Station. The M1 is just 15 minutes away by road, putting day trips and visits to friends and family within easy reach. For cycling enthusiasts, Rugby Station can be reached in 16-minutes by bike and the town centre in just 11-minutes.
Rugby itself offers an enticing blend of old and new, ranging from independent shops, antique centres and traditional tea shops to boutiques, art galleries and fine-dining restaurants. The town also has plenty of beautiful parks and gardens and outstanding architecture to admire, perfect for enjoying during the warmer months. For outdoor pursuits, Caldecott Park, Draycote Water and Swift Valley Country Park are all fantastic places to spend a weekend.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £42,875. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2025.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £310,500 |
|---|---|
| Minimum Share Percentage | 40% |
| Minimum Share Value | £124,200 |
| Monthly Service Charge | £64 |
| Minimum Deposit | £12,420 |
A family and pet-friendly new neighbourhood, Ashlawn Rise is a community that benefits from a range of nearby amenities. There are five local supermarkets close by as well as beautiful countryside and several paths and cycle routes.
Ashlawn Rise is well connected for commuters. Rugby Station offers regular services into London Euston in 54 minutes, with Coventry and Birmingham New Street accessible in 10 and 25 minutes, respectively. By car, the development is just a seven-minute drive from Rugby Station. The M1 is just 15 minutes away by road, putting day trips and visits to friends and family within easy reach. For cycling enthusiasts, Rugby Station can be reached in 16-minutes by bike and the town centre in just 11-minutes.
Rugby itself offers an enticing blend of old and new, ranging from independent shops, antique centres and traditional tea shops to boutiques, art galleries and fine-dining restaurants. The town also has plenty of beautiful parks and gardens and outstanding architecture to admire, perfect for enjoying during the warmer months. For outdoor pursuits, Caldecott Park, Draycote Water and Swift Valley Country Park are all fantastic places to spend a weekend.
Outside space
- Back Garden
Others
- Central heating
- Double Glazing
- Pets allowed
Parking
- Driveway