2 bedroom apartment for sale

Available

Frankley Park - Plot 672, B31 5NL

£60,000 · Shared Ownership New Build

Share percentage 40%, full price £150,000, £6,000 Min Deposit.

Available
2 bedrooms
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£60,000 Shared Ownership New Build

Share percentage 40%, full price £150,000, £6,000 Min Deposit.

Monthly Cost: £585
Rent £206, Service charge £70, Mortgage £309*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

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Summary

The Satterfield two-bedroom apartment is the perfect home for professionals, couples and first-time buyers looking to get on the property ladder.

Description

The Satterfield two-bedroom apartment is the perfect home for professionals, couples and first-time buyers looking to get on the property ladder.

Enter the home to a welcoming hallway that features useful storage for keeping your outerwear tucked away.

The master bedroom can be accessed from the hallway and is the ideal place to retreat to for a restful night. A second single-bedroom can be accessed from the hallway and can be used as a guestroom or an office for remote workers.

Across the hallway, a modern, open-plan living space with a kitchen-diner can be found and is the perfect space to unwind in after a long day or entertaining visiting guests

A stylish bathroom and further storage completed this home.

Outside, you will find a communal garden area and allocated parking.

Interested in making this apartment your home? Contact our friendly sales team for more information.

Full house price: £150,000
Minimum share of 40%
40% share value £60,000*
5% minimum deposit
Service charge: £69.50

*Share prices and purchases can range between 25%-75%, the above 40% is an average purchase percentage. Terms and conditions apply, please ask for details. Prices correct at time of publication.

Disclaimer:
*Computer-generated images and photography are intended for illustrative purposes only and may not represent the actual fittings and furnishings at the development. Images are of typical elevations and may vary. Please speak to an advisor for more information.

Key Features
  • 2-bedroom ground-floor maisonette
  • Open-plan kitchen-diner with lounge
  • Fitted kitchen with integrated features
  • Modern stylish bathroom
  • Double-glazing and central heating throughout
  • Useful storage
  • Shared turfed garden area
  • Allocated parking
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Longbridge (0.87 miles) Northfield (1.27 miles) Kings Norton (2.61 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£60,000
Shared Ownership New Build
Estimated Monthly Cost:£585
Rent £206
Service Charge £70
Mortgage £309

Share percentage 40%, full price £150,000, £6,000 Min Deposit. Calculated using a representative rate of 4.80%


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Frankley Park
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent 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.