2 bedroom apartment for sale
Mansion House @ Port Loop, Rotton park Street, B16 0AE
Share percentage 30%, full price £292,500, £4,388 Min Deposit.
Share percentage 30%, full price £292,500, £4,388 Min Deposit.
Monthly Cost: £1,149
Rent £469,
Service charge £191,
Mortgage £489*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A stunning selection of two bedroom apartments, overlooking the canal and water with double balcony's and situated within a tranquil setting.
Description
Welcome to Mansion House, Birmingham's newest canal side apartments, located at the award-winning Port Loop development. Designed by shedkm architects, these modern two-bedroom homes offer spacious and bright living areas, with large windows and high ceilings that flood the interiors with natural light. Each apartment features a private balcony, generous living spaces, and a dual-aspect design.
Mansion House offers 8 apartments available to purchase via Shared Ownership with Places for People.
Apartments available - Plot 201 / 202
Shares available 10-75%
Price example based on a 30% share.
Full market value - £292,500
30% share price - £87,750
Rent per month based on a 30% share - £469.22
Service charge per month - £190.61 (approx)
Shared Ownership management fee - £128 per annum
Minimum deposit required - £4387.50 (subject to affordability check)
Key Features
Listing based on a 30% share
Two bedroom ground floor apartment
Dual aspect
Double balcony
Waterside development
999 year lease & 10 year warranty
Show home now open - Call to arrange your viewing
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Price ListMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £292,500, £4,388 Min Deposit. Calculated using a representative rate of 5.03%
Connells - West Midlands
