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Murdoch Court, De Normanville Avenue, Station Approach - 2 bedroom 4 person flats

2 bedroom flatFrom £78,750

  • Description

    Waterloo Homes are proud to present 11 two bedroom four person flats for shared ownership purchase (part buy part rent) on this groundbreaking new scheme in Leamington Spa.

    These properties are situated in Murdoch Court, one of the blocks at Station Approach, and:

    • 1 & 2 Murdoch Court (Plots 132 & 133) are ground floor flats
    • 3, 5 & 6 Murdoch Court (Plots 134, 136 & 137) are first floor flats
    • 7, 9 & 10 Murdoch Court (Plots 138, 140 & 141) are second floor flats
    • 11 & 14 Murdoch Court (Plots 142 & 144) are third floor flats
    • 15 Murdoch Court (Plot 145) is a fourth floor flat

    Prices for the shared ownership properties will be confirmed closer to completion but as a guiding estimate we are expecting prices to be in the region of:

    • £225,000 (2 bed apartment) - £78,750 for a 35% share

    Shares from 25% to 75% will be available and the share will be based on applicants' affordability.

    The flats at Murdoch Court are due for completion in October 2019. Construction work at Station Approach began on 3rd October 2016 and the scheme is being constructed in phases, with an aim to complete final handover of all properties by the end of 2020 / start of 2021.

    Station Approach is being built in partnership with Warwick District Council, and will include a new council owned 100 space car park and an improved cycle-path to the station via the underpass off Avenue Road. The 75 shared ownership properties form part of a larger 160 property development being built by A.C. Lloyd for Waterloo Homes and Waterloo Housing.

  • Share values and rent
    % Share Price Monthly Rent
    25% £56,250 £410.72
    30% £67,500 £384.94
    35% £78,750 £359.16
    40% £90,000 £333.38
    45% £101,250 £307.59
    50% £112,500 £281.81
    55% £123,750 £256.03
    60% £135,000 £230.25
    65% £146,250 £204.47
    70% £157,500 £178.69
    75% £168,750 £152.91
    Includes £24.00 service charge
  • Ask for details

    Please contact Waterloo Homes: email sales@waterloohomes.org.uk, call 0345 450 3995 or fill in the form below


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