2 Callier Close, Cawston, Rugby, CV22 7GQ

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this well maintained three bedroom Shared Ownership home at 2 Callier Close, Warwickshire. The price shown represents purchasing a 50% share of the property. 

Property Overview

An excellent opportunity to step onto the property ladder with this well maintained three bedroom semi detached shared ownership home, ideally located within a quiet and popular residential cul de sac in Cawston, Rugby.

The property offers a practical and family friendly layout, with a spacious living room and modern kitchen on the ground floor, along with the convenience of a downstairs WC. Upstairs, there are two generous double bedrooms, a further single bedroom ideal for a home office or nursery, and a modern family bathroom.

Outside, the home benefits from an enclosed private rear garden, providing a safe and useful outdoor space, as well as allocated parking, a key advantage for the area.

This home is well suited to first time buyers, growing families, or those looking to move from renting into homeownership, offering more space than many comparably priced shared ownership homes locally. The property is within easy reach of local shops, schools and amenities, with good transport links and access to Rugby town centre and commuter routes.

Shared Ownership allows you to purchase a 50% share for £132,000, with subsidised rent payable on the remaining share, making this a more affordable route to owning a three bedroom house with a garden and parking.

Financial Breakdown

• Full Market Value: £264,000
• 50% Share Value: £132,000
• Rent on unowned share: £413.24 per month

Your annual rent is calculated at approximately 3.76% of the remaining share. 

Local Area

Located within Warwickshire, Cawston is around 8 minutes drive to the south-west of Rugby close to the A4071, and 12 miles from Coventry to the north-east.

The property benefits from a well established residential setting with access to local amenities, schools and everyday services, with several parks and play areas also close by.

The area is well connected, offering convenient transport links to nearby towns and commuter routes, making it a practical choice for both local living and travel further afield, Rugby station is 11 minutes away by car.

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.

The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.

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%.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

• Have a combined household income under £80,000 per annum
• Be unable to purchase a suitable home on the open market
• Meet one of the standard criteria, such as being a first time buyer or forming a new household
• Demonstrate a local connection to the area (where applicable) 

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent, insurance and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or other payments could put your home at risk.