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NEW HOME

Isadora Lea, Coventry, CV3 1JH

PROPERTY TYPE

End of Terrace

BEDROOMS

3

BATHROOMS

1

SIZE

929 sq ft

86 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • HANDOVER EXPECTED JUNE 2025
  • Contemporary kitchen complete with integrated oven, hob, and extractor fan
  • Integrated washing machine
  • Fridge freezer included
  • Vinyl flooring in kitchen and bathrooms
  • Carpets fitted throughout other areas
  • Modern bathroom suite with shower over bath
  • Heated towel rail in bathroom
  • Turfed rear garden
  • Allocated parking

Description

The Watchmakers offers flexible living with schools, parks, shops and other essential amenities right on your doorstep. The vibrant cultural Coventry city centre is a short journey away offering a wide variety of entertaining activities and great places to visit for all ages. If you have children, then you're going to find an excellent choice of schools, rated 'Good' by Ofsted. If you are sporty then Coventry is a thriving hub for fitness, offering plenty of gyms, pools, and leisure centres, many of which are accessible and welcoming to visitors of all abilities and ages.

Living in The Watchmakers, Coventry, is a safe place to live and raise a family, ideally located near to the A45, if you need to commute further you are also well situated for the M6, and M69 motorways. For longer journeys, you can take the train from Coventry city centre.

The property is a modern three bed terraced home consisting of a well appointed kitchen/dining area. A spacious living room, benefiting from a front aspect view. Upstairs there are three bedrooms and a modern bathroom suite fitted.

Plot 81 (3 bedroom end terrace house) - estimated to be available by June 2025*
Advertised for 40%** share at £118,000

Monthly rent on based on 40% share: £405.62

Monthly service charge - £40.86
**Other shares from 10% - 75% area available and can be purchased subject to an affordability assessment.

***Demand is expected to be high Applications are treated as first come, first served.***

*The property is estimated to be build complete during June 2025, we're therefore unable to offer viewings and will be accepting reservations off plan.

Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.

Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.

Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.

Next Steps:
For further information, please download our brochure below.
Please contact us to request an application form to proceed with your interest.
Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
Once you have passed the affordability assessment, we will pass your details to our Sales Consultant who will be able to take you through the reservation process.


We will offer shares between *10-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask developer
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Rear garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask developer

Energy performance certificate - ask developer

Isadora Lea, Coventry, CV3 1JH

Approximate location

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About the development

The Watchmakers

Isadora Lea, Coventry, CV3 1JH

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Development features

  • 2 & 3 bedroom homes for shared ownership
  • Excellent transport links to surrounding areas
  • Energy efficient new homes
  • Turfed rear garden with designated parking spaces.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£563
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference Plot81TheWatchmakers. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Walsall Housing Group. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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