A new pathway home with Share to Buy
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2 bedroom apartment for sale

Available

Port Loop, Rotton Park Street, Rotton Park Street, B16 0AE

£73,125 · Shared Ownership New Build

Share percentage 25.00%, full price £292,500, £3,656 Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony
Floor plan
floor-plan
Floor plan
floor-plan
£73,125 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25.00%, full price £292,500, £3,656 Deposit

Monthly Cost: £1,091
Rent £503, Service charge £181, Mortgage £407*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Welcome to Mansion House, Birmingham's newest canal side apartments - OPEN EVENT - 26TH APRIL - 10.30AM - 2.30PM - GET IN TOUCH FOR FURTHER INFORMATION.

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.

Key Features:
* Bright, Spacious Living Areas: Open-plan designs with large windows.
* Two Bedrooms: Thoughtfully designed for comfort.
* High Ceilings: Creating an airy, grand ambiance.
* Private Balcony: Your own outdoor retreat.
* Modern Features: State-of-the-art appliances and sleek interiors.
* Community Focus: Small groups of apartments with shared entrances to foster a sense community and connection.

Port Loop Community: Situated in a vibrant community, Mansion House offers easy access to local amenities, parks, shops, and cultural attractions. Nestled between Birmingham Canal Old Line and the Birmingham Canal, Port Loop is just a 15-minute walk from Birmingham city centre. Its island location was once the industrial heart of the city, so the tow paths that served it provide superb, direct routes to the city centre. You can go by foot or jump on a bike. This is more than just a home; it’s a lifestyle that values sustainability and neighbourly connections.

Mansion House offers 8 apartments available to purchase via Shared Ownership with Places for People.

Apartments available - 301/401/501
Shares available 10% -75%

Full market value from - £292,500
Example based on a 25% share price - £73,125
Rent per month based on a 30% share - £469.22
Service charge per month - £180.94 (approx)
Shared Ownership management fee - £128 per annum
Minimum deposit required - 5% subject to affordability

Key Features
  • Listing based on a 25% share
  • Two bedroom ground floor apartment
  • Dual aspect
  • Double balcony
  • Waterside development
  • 999 year lease
  • 10 year warranty
  • Spacious designs
  • Fitted flooring throughout.
  • Call to arrange your viewing
  • Walking distance to Birmingham centre
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 Brochure
Map
Jewellery Quarter (0.74 miles) Five Ways (1.11 miles) Birmingham Snow Hill (1.18 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a - Private Balcony

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£73,125
Shared Ownership New Build
Estimated Monthly Cost:£1,091
Rent £503
Service Charge £181
Mortgage £407

Share percentage 10%, full price £292,500, £1,463 Min Deposit. Calculated using a representative rate of 5.03%


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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.