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2 bedroom apartment for sale

Port Loop, Birmingham
Featured
New build
Apartment
2 beds
1 bath
Added < 14 days

Key information

TenureLeasehold | unconfirmed share | unconfirmed yrs left
Council taxAsk agent

Features and description

  • Tenure: Leasehold
  • Ground Floor Apartment
  • Shared Ownership property
  • Price displayed at a 25% share
  • Full market value of £292,500
  • Only 5% deposit required
  • High Specification Throughout
  • Modern fitted kitchen with appliances
  • Flooring fitted throughout
  • Walking distance to Birmingham City Centre
  • Part of a vibrant new community at Port Loop
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.

Apt 301 is located on the ground floor and is 758 sq ft which features a large balcony overlooking the canal, open plan kitchen-diner-lounge, two bedrooms and a main bathroom with shower over the bath.

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.

What is Shared Ownership? - Shared Ownership is a government-backed scheme that lets you buy a percentage share of your new home. The scheme enables buyers to purchase a share of the value of the home - this is usually between 10 to 75 percent and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property later (known as Staircasing).
With your deposit starting from just 5% of the share you buy (not the full property price) it’s possible to make your move sooner. Available to eligible buyers across England, Shared Ownership offers an often more affordable route onto the property ladder.
ELIGIBILITY:
To be eligible for a home at Mansion House, 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

Example of Financial Breakdown for Shared Ownership:
•Full market value: £ 292,500
•25% share value: £73,125
•5% deposit: £3,656.25
•Rent charged on un-owned share: 2.75%
•Monthly Rent on un-owned share (75%) £503
•Monthly Estimated service charge including buildings insurance: £181

The key information document is to help you decide if shared ownership is right for you.
Please note that the examples and figures are correct at the time of issue but will change over time in accordance with changes in house prices and the terms of the shared ownership lease.
This document is also available in accessible formats. To request a copy please contact our sales advisor.

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 team or the local authority.

Experience the best of canal side living at Mansion House. Contact us now to arrange a viewing and become part of this exceptional community.

* Please note computer generated images and photography are intended for illustration purposes only and should be treated as general guidance only. Please refer to the sales team for further information. EPC on completion.

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Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

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haart Estate Agents - Harborne
haart Estate Agents - Harborne
107 High Street Harborne B17 9NR
01206 915960
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Here at haart, we are on a mission to get you moved.   We have unique technology that gets your home hundreds more clicks, agents who listen and will
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