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

Available

Wellhead Lane, Perry Barr, B42 2SY

£59,600 · Shared Ownership New Build

Share percentage 40.00%, full price £149,000, £2,980 Deposit.

Available
1 bedroom
1 Bathroom
Pets allowed
ONE BED APARTMENTS - AVAILABLE NOW!
Floor plan
floor-plan
Floor plan
floor-plan
£59,600 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40.00%, full price £149,000, £2,980 Deposit

Monthly Cost: £655
Rent £137, Service charge £186, Mortgage £332*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

ELIGIBILITY CRITERIA:
To be eligible for a home at Perry Barr Village, you'll need to:

  • Have a combined household income under £80,000 per annum
  • Not already own a property, or part of a property, at the time of completing on your purchase
  • Be unable to purchase a suitable home to meet your housing needs on the open market
  • Have a minimum of £5,000 to cover the costs of buying a home
  • Customers with a live/work connection to Birmingham will be prioritised

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

Summary

A stunning 1 bedroom Shared Ownership apartment with modern, open plan living area, with integrated kitchen appliances, just 13 minutes from Birmingham city centre from the nearby station.

Description

Shared Ownership Workshop & Viewings - Saturday 8th March


Join us on Saturday 8th March between 10am –2pm for our exclusive Shared Ownership workshop event at Perry Barr Village with your chance to view a selection of new Shared Ownership 1 & 2 bedroom apartments available.

Attend one of three workshops to gain more understanding about Shared Ownership and receive free financial advice on the day. Numbers are limited so contact us today to secure your place. Workshops will take place (approx. 10 attendees per visit) at the following times:

  • 10am
  • 1230pm
  • 2pm

Welcome to Perry Barr Village a new community in the heart of the West Midlands - book a viewing today!

A superb collection of 1 and 2 bed apartments available with Shared Ownership across 3 separate blocks, with attractive communal spaces and a great location in Perry Barr, with Birmingham just 13 minutes away from the nearby station.

Plot 07-A-01-07 is a 52.13 square metre one bedroom first floor apartment with a modern, open plan living area finished to a high standard, with a range of integrated appliances and private balcony at Perry Barr Village, available to purchase through Shared Ownership from a 40% share.

Financial Breakdown:

  • Full Market Value: £149,000
  • 40% Share Value: £59,600
  • 5% deposit of 40%: £2,980
  • Rent on unowned share: £205 per month
  • Service Charge: £185.67 per month
  • Council Tax: TBC*

You will find a new community, designed with high levels of sustainability, with shared public spaces, tree lined streets, with a green central space including a basketball court and children's play area at its heart.

These apartments offer contemporary living with modern interiors finished to high specifications throughout. Presenting a range of designs, the apartments are generously sized and offer high quality kitchens with integrated appliances, flooring throughout and high quality bathroom fittings.

Perry Barr provides a great range of local shops and restaurants - the One Stop shopping centre is directly opposite, plus many amenities, schools, parks and open spaces close to hand. While Birmingham is just 4 miles away, with easy access to the A34 and M6 and Perry Barr railway station also close by, giving great options for commuting.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

LOCAL AREA

Living in Perry Barr Village gives you plenty of options on your doorstep, with the One Stop shopping centre just across the road with a wide range of shops and restaurants, while there are also many local amenities equipped with all the essentials for everyday living and more close by.

Whether it's by road or rail, getting around has never been simpler. Perry Barr railway station is just a short walk away from the development and the journey to Birmingham New Street will take you just 13 minutes. Whilst by road, the A34 and M6 offer access to wider road networks. There are also 12 bus stops within easy walking distance of the development with regular buses taking approx. 35 minutes to Birmingham New Street.

Your new home in Perry Barr Village will also open up a huge range of activities and opportunities to explore with numerous parks, nature reserves and woodland sites nearby, including Aston Park and Gardens, Perry Hall Park and Sandwell Valley RSPB reserve all within a short distance, so you can soon find the perfect place for a dog walk or picnic!

While Birmingham will allow you to indulge in retail therapy in the Bullring shopping centre, with over 200 shops. To relax after a busy days shopping head to the canal quarter to enjoy some of the best bars and restaurants, or perhaps a visit to the Science Museum, Sealife centre, Legoland Discovery centre, Botanical Gardens and Cadbury World, gives you plenty of possibilities for a day out!

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 10 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).

Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

ELIGIBILITY CRITERIA:
To be eligible for a home at Perry Barr Village, you'll need to:

  • Have a combined household income under £80,000 per annum
  • Not already own a property, or part of a property, at the time of completing on your purchase
  • Be unable to purchase a suitable home to meet your housing needs on the open market
  • Have a minimum of £5,000 to cover the costs of buying a home
  • Customers with a live/work connection to Birmingham will be prioritised

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

Council Tax: TBC

Council tax bands are TBC and often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.

Interior dressed CGI images are a representation taken in actual 1 & 2 bed apartment in the Aldridge Collection at Perry Parr Village - styles and layouts vary.

Key Features

Key Features:

  • Conveniently located close to the city centre
  • Perry Barr station opposite - only 13 mins train into Birmingham New Street
  • Located opposite the One Stop Shopping centre
  • Beautiful landscaped communal gardens
  • Private balcony or terrace to selected apartments
  • Oven, hob and integrated hood
  • Integrated fridge/freezer & dishwasher to most apartments
  • Freestanding washer/dryer to utility cupboard

FULL SPECIFICATION

Kitchen

• Contemporary grey gloss handle less kitchen

• Laminate worktop with matching upstand

• Stainless steel splashback to hob

• Stainless steel 1½ bowl sink with chrome mixer tap

• Bosch electric single oven, ceramic hob and integrated cooker hood

• Kenwood integrated fridge/freezer

• Hoover integrated dishwasher*

• Zanussi washer/dryer located in Utility cupboard

Bathroom & Ensuite

• Contemporary white sanitaryware including bath, bath panel, semi recessed basin and wall hung toilet

• Chrome mixer tap with push down waste

• Integrated storage cupboard below sink

• Thermostatic bath/shower mixer over bath with dual shower head

• Glass shower screen to bath

• Thermostatic shower mixer to shower cubicle with adjustable shower head

• Chrome framed glass shower screen to ensuite

• Large format wall tiling

• Chrome heated towel rail

• Illuminated mirror

• Toilet roll holder

Flooring

• Wood effect Karndean flooring to hall, kitchen, dining/living room

• Large format tiling to bathroom and ensuite

• Grey carpet to bedrooms

General

• Anthracite aluminium double glazed windows

• Walls and ceilings painted in white

· Architraves and skirtings painted in white

• White painted flush internal doors with chrome ironmongery

• Blinds to all windows

• Communal gas boiler providing hot water and central heating via white contemporary radiators

• Sprinkler system

• NHBC 10 year build warranty

Electrical

• Downlights to hall, kitchen, dining/living room, bathroom and ensuite

• Pendant lighting to bedrooms

• White sockets and switches throughout

• Telephone point to living room and bedroom 1

• TV point to living room and bedroom 1

• Smoke and heat detectors

• MVHR (Mechanical Ventilation Heat Recovery System) to apartment

Communal

• Video entry system

• White apartment front door with spyhole viewer

• Bin store

• Bike store with gated and fobbed access

• Lockable postboxes to lobby

• Communal roof terraces**

• Balcony or terrace to selected apartments

• Parking to selected 2 bedroom apartments

• Management provider office on site

• Communal green with children’s play area and basketball court

*except to Erdington Collection 1 bedroom 01 Apartment Type

**Speak to Sales Consultant for further details

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan Brochure Brochure Price List Energy Certificate
Virtual Tour
Video Tour
Map
Perry Barr (0.10 miles) Witton (0.79 miles) Aston (1.45 miles)
Material Information

Total rooms:

Furnished: Unfurnished

Washing Machine: Yes

Dishwasher: Yes

Fridge/Freezer: Yes

Parking: No

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: 52.13 sq m

Communal lift: Yes

Accessible measures: Enquire with provider

Heating: Gas Central

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.

£59,600
Shared Ownership New Build
Estimated Monthly Cost:£655
Rent £137
Service Charge £186
Mortgage £332

Share percentage 10%, full price £149,000, £745 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.