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Shared ownership
£81,600

2 bedroom apartment for sale

Plot 07-A-02-05 - Two Bed Apartment - Perry Barr V at Perry Barr Village, Wellhead Ln, Birmingham B42
Virtual tour
New build
Apartment
2 beds
2 baths
782 sq ft / 73 sq m
EPC rating: B
Added < 14 days

Key information

TenureLeasehold | 40% share | rental £281pcm | 990 yrs left
Service charge£2,933.04 per annum
Council taxAsk agent

Features and description

  • Tenure: Leasehold (990 years remaining)
  • 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

Video tours

Shared Ownership Workshop Evening & Viewings - Thursday 3rd April 

Join us on Thursday 3rd April between 4pm -7pm 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.  Two workshops will be taking place - check the times on our events page and reserve your space with our team.

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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-02-05 is a 72.66 square metre two bedroom second floor apartment with a modern, open plan living area finished to a high standard, with a range of integrated appliances and balcony at Perry Barr Village, available to purchase through Shared Ownership from a 40% share.

Financial Breakdown:

  • Full Market Value: £204,000
  • 40% Share Value: £81,600
  • 5% deposit of 40%: £4,080
  • Rent on unowned share: £281 per month
  • Service Charge: £244.42 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!

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.

Property information from this developer

Visit developer website

About this developer

Legal & General Affordable Homes - Perry Barr Village
Legal & General Affordable Homes - Perry Barr Village
Wellhead Ln, Birmingham Birmingham B42 2SY
0121 721 2142
Full profileProperty listings
Shared Ownership Workshop Evening & Viewings - Thursday 3rd April  Join us on  Thursday 3rd April  between 4pm -7pm  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.  Two workshops will be taking place - check the times on our events page and reserve your space with our team. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Welcome to Perry Barr Village a new community in the heart of the West Midlands - register your interest now! 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. 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 one and two bedroom 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. Available to purchase from a 40% share  Financial Breakdown:  Full Market Value: £151,000 - £223,500 40% Share Value: £60,400 - £89,400 5% deposit of 40%: £3,020 - £4,470 Rent on unowned share: £208 - £307 per month Service Charge: £185.67 - £258.65 per month Council Tax: TBC*   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   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 apartments in the Aldridge Collection at Perry Parr Village - styles and layouts vary.
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