2 Cottage Square, Royal Leamington Spa, Warwickshire, CV31 1PT

Highlight Housing, The Affordable Homes Agency, working with L&G Affordable Homes, is pleased to present this well maintained 3 bedroom end of terrace house in a quiet location near the centre of Leamington Spa, Warwickshire. The price shown represents purchasing a 50% share of the property.

Property Overview

Tucked away within a peaceful residential close, 2 Cottage Close, Royal Leamington Spa, CV31 1PT offers a wonderful opportunity to get onto the property ladder with Shared Ownership in a well situated home in one of the town's most desirable and established locations.

This attractive address combines tranquillity with convenience, making it ideal for a wide range of buyers including first time buyers, professionals, downsizers and families. The property is positioned within a small, neighbourly close that provides a sense of privacy and calm, away from through traffic, while still benefiting from excellent access to local amenities.

Arranged over two floors and extending to approximately 789 sq ft. (74 sq m), this spacious, high quality home has everything you need. The ground floor opens into a large lounge area, leading to a separate kitchen diner, that has direct access to the rear private garden, with a separate downstairs Wc.

Upstairs there are three good sized bedrooms, with an ensuite shower to the master bedroom and a modern family bathroom. A 360° virtual tour is available to support your viewing.

Financial Breakdown

• Full Market Value: £300,000
• 50% Share Value: £150,000
• Rent on unowned share: £289.50 per month
• Service charge: £59.17 per month

Local Area

Royal Leamington Spa town centre is close at hand, offering a vibrant mix of independent shops, high street retailers, cafés, restaurants and cultural attractions. The town is well known for its elegant architecture, parks and green spaces, all of which contribute to its enduring popularity. For commuters, Leamington Spa railway station provides direct links to major cities, and there are convenient road connections to surrounding areas.

The local area is particularly appealing to those who enjoy outdoor living, with nearby parks, riverside walks and pleasant green spaces providing opportunities for relaxation and recreation. Highly regarded local schools are also within easy reach, further enhancing the appeal of this sought after location.

2 Cottage Close represents a rare chance to enjoy the best of both worlds - a quiet, tucked away setting paired with the lifestyle and connectivity that Royal Leamington Spa is renowned for. This is a home that offers comfort, convenience and long term appeal in equal measure.

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

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, service charges and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or service charge payments could put your home at risk.