2 Bedroom Apartment
£121,875
St Margarets Avenue, Wolston, Coventry, CV8

Floorplans For St Margarets Avenue, Wolston, Coventry, CV8
EPC Graph for St Margarets Avenue, Wolston, Coventry, CV8

Description


A wonderful opportunity to purchase an affordable two bedroom apartment in the popular village of Wolston. This apartment is offered under a Section 106 agreement, providing an opportunity for affordable housing within the community. Eligibility criteria is applicable. Please enquire for further details regarding the Section 106 agreement.

Location - The village of Wolston offers a range of local amenities to include shops, public houses, post office, doctor's surgery and an excellent primary school (St Margarets Church of England primary school). Coventry City centre is 7.5 miles distant with the nearby towns of Rugby and Leamington being 6 miles and 9 miles respectively. Rugby rail station has a high-speed train service to London Euston in approximately 50 minutes and Birmingham International Airport is approximately 18 miles distant.

Accommodation - A modern apartment offering ground floor accommodation comprising of a fitted kitchen with a built-in oven and gas hob, with space for appliances, a large sitting room with a built-in gas fire and hearth. The bathroom is fitted with a shower cubicle and electric shower along with a wash hand basin, WC and heated towel rail. Two large bedrooms complete the living accommodation.

Outside - An intercom system allows access into the entrance hallway leading to the ground floor apartment. An allocated parking space can be found to the rear in the car park.

Leasehold Details - 129 years remaining of a 150 year lease.

Service And Maintenance Charges - Current ground rent is £314.88. The ground rent is RPI (Retail Price Linked) and is renewed every 10 years (from May 2025), so the next review date will be 2035. Service charge (including Insurance Premium) is £1413.95 per annum. An amenity and land charge is payable at £300.00 per annum. Effective from 1st Jan 2026.

Local/Affordable Housing Eligibility - This property is subject to meeting affordable/local housing needs and excludes those who can afford to buy on the open market in the locality and Buy to Let. The following criteria also applies:

Permission for Local Housing Needs development will be granted where it is proven to meet the identified needs of local people.
There must be an established local connection for those local people that claim to be in housing need. Local people will include:
.A person or persons and their dependents residing permanently in the parish or adjoining parish, for weeks five to ten of Marketing (Wolston, Brandon & Bretford, Church Lawford, Stretton on Dunsmore, Thurlaston, Ryton on Dunsmore, Binley Woods) for at least 5 years or more in the previous 20 years
.A person or persons required to live close to another person who satisfies the above criteria and is in essential need of frequent attention and/or care due to age, ill health and/or infirmity
.A person or persons required to live close to their place of work in the parish or an adjoining parish.

Agents Note - Additional information about the property, including details of utility providers, is available upon request. Please contact the agent for further details.

Local Authority - Rugby Borough Council - Tel:01788-533533. Council Tax Band - B.

Viewing - Strictly by prior appointment via the selling agent Howkins & Harrison. Contact Tel:01788-564666.

Fixtures And Fittings - Only those items in the nature of fixtures and fittings mentioned in these particulars are included in the sale. Other items are specifically excluded. None of the appliances have been tested by the agents and they are not certified or warranted in any way.

Services - None of the services have been tested and purchasers should note that it is their specific responsibility to make their own enquiries of the appropriate authorities as to the location, adequacy and availability of mains water, electricity, gas and drainage services.

Floorplan - Howkins & Harrison prepare these plans for reference only. They are not to scale.

Important Information - Every care has been taken with the preparation of these Sales Particulars, but complete accuracy cannot be guaranteed. In all cases, buyers should verify matters for themselves. Where property alterations have been undertaken buyers should check that relevant permissions have been obtained. If there is any point, which is of particular importance let us know and we will verify it for you. These particulars do not constitute a contract or part of a contract. All measurements are approximate. The fixtures, fittings, services and appliances have not been tested and therefore no guarantee can be given that they are in working order. Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. Plans are provided for general guidance and are not to scale.

Howkins & Harrison

Howkins & Harrison

7-11 Albert Street
Rugby
Warwickshire
CV21 2RX

+44 (0)1788 564666

Reference: 34378200

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