Great Field Drive, Chase Meadow, Warwick

There are currently no properties for sale. If any homes become available they will be advertised on Homechoice. 

Warwick District Council have developed 15 brand new energy efficient properties  for sale on a shared ownership basis. The homes are built by Taylor Wimpey on the desirable and sought after Chase Meadow housing development in the historic town of Warwick. Great Field Drive benefits from being in a semi-rural location with beautiful countryside a stepping stone away while all of the facilities and amenities required for modern living are located close by. Ideally situated for commuting, the M40 provides easy access to Birmingham, London and the national road network while rail services to London and other major towns are available from the train station in Royal Leamington Spa. There are also excellent educational facilities nearby including Westgate Primary and Aylesford Secondary School.

Download the brochure for our new properties (5MB, PDF).

Ely homes

Example of a shared ownership Ely style house

An Ely home - *All images has been supplied by the house-builder Taylor Wimpey. They are computer generated images intended to give you a feel for the development. The image shows a typical Taylor Wimpey home of this type and the actual finish of the home may vary.

Floorplans for Ely home

The floor plans for an Ely home - *The floor plans have been supplied by Taylor Wimpey and depict a typical layout of the property type. The floor plans are not to scale and exact specifications may vary.

The Ely is a two storey, three-bedroom terraced house with 819 square feet of space. The entrance hallway provides access to all rooms on the ground floor including a cloak room, a spacious kitchen and an open plan living and dining area which opens onto the private rear garden. To the first floor there is an impressive master bedroom with en-suite bathroom, a further two good sized bedrooms and a family bathroom. The Ely also benefits from two allocated car parking spaces. Key features include: 

  • Master bedroom with en-suite bathroom
  • Doors leading into private garden from the open plan living/dining area
  • Two allocated parking spaces 

The Wyevale

A Wyevale home

 

A Wyevale home - *All images has been supplied by the house-builder Taylor Wimpey. They are computer generated images intended to give you a feel for the development. The image shows a typical Taylor Wimpey home of this type and the actual finish of the home may vary.

The Wyevale is a superb two storey, three-bedroom semi-detached house with 900 square feet of space. The entrance hallway provides access to all rooms on the ground floor including a cloakroom, a spacious living room and a large open plan kitchen and dining area which opens onto the private rear garden. To the first floor there is an impressive master bedroom with en-suite bathroom, a further two good sized double bedrooms and a family bathroom. The Wyevale also benefits from two allocated car parking spaces. Key features include: 

  • Master bedroom with en-suite bathroom
  • Two further double bedrooms
  • A dual aspect lounge with a walk-in bay window
  • Doors leading into private garden from both the lounge and the kitchen/dining room 
  • Two allocated parking spaces 

The floorplans for a Wyevale home

The floor plans for a Wyevale home - *The floor plans have been supplied by Taylor Wimpey and depict a typical layout of the property type. The floor plans are not to scale and exact specifications may vary.

Costs

Here is an example of the different share values and subsequent rent payments when buying an Ely home. Note that these are guide prices only and are subject to a final valuation of the properties to be carried out in the next few weeks. 

Purchase and rent costs of an Ely home

Percentage share purchased Purchase price Monthly rent
 25%  £53,750  £369.53
 30%  £64,500  £344.90
 35%  £75,250  £320.26
 40%  £86,000  £295.63
 45%  £96,750  £270.99
 50%  £107,500  £246.35
 55%  £118,250  £221.72
 60%  £129,000  £197.08
 65%  £139,750  £172.45
 70%  £150,500  £147.81
 75%  £161,250  £123.18

 

Here is an example of the different share values and subsequent rent payments when buying a Wyevale home. Note that these are guide prices only and are subject to a final valuation of the properties to be carried out in the next few weeks. 

Purchase and rent costs of a Wyevale home

Percentage share purchased Purchase price  Monthly rent
 25% £57,250  £393.59 
 30%  £68,700  £367.35
 35%  £80,150  £341.11
 40%  £91,600  £314.88
 45%  £103,050  £288.64
 50%  £114,500  £262.40
 55%  £125,950  £236.16
 60%  £137,400  £209.92
 65%  £148,850  £183.68
 70%  £160,300  £157.44
 75%  £171,750 £131.20

When you purchase a property, there will be fees to pay such as solicitor’s fees and land and property search fees. Most people will need to get a mortgage for the share they are buying and monthly repayments will need to be made for this. In addition you will have to pay a service charge to the council. All of these costs will be taken into account when the council assesses affordability and what share you can buy. Once you have purchased a share you are then responsible for the ongoing repairs and maintenance costs so you will need to ensure you can afford to fix and replace things.

How can I apply?

Interested applicants need to register on HomeChoice. Alternatively contact the Housing Advice Team on telephone 01926 456129 or email: hadvice@warwickdc.gov.uk.

You will also need to register with the Help To Buy Agent for the Midlands area. Once the Help to Buy Agent has qualified you, the council will then conduct a detailed affordability assessment to establish how much you can afford to buy. You will need to pay a £250 non-refundable deposit at this stage so that the property can be reserved for you.