Fountain Lane, B69 3FU

Be at the centre of it all at The Junction
A stunning collection of 2 and 3 bedroom homes available with Shared Ownership in Oldbury, a welcoming market town within the heart of the West Midlands.

Charming on the outside and superbly equipped inside, the new homes at The Junction are built around your lifestyle including open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with the modern appliances and ample workspace for food preparation. Bedrooms are elegant and well proportioned, while bathrooms offer attractive tiling and bold, modern fittings.

Plot 113 is a 70.9 metre square, Two Bedroom Mid Terrace House with private garden and 2 parking spaces at The Junction, Oldbury, available to purchase through Shared Ownership.

Available to purchase from a 35% share.

Financial Breakdown:

• Full Market Value: £220,000
• 35% Share Value: £77,000
• 5% deposit of 35%: £3,850
• Rent on unowned share : £328 per month
• Service Charge: £74.23 per month
• Council Tax: TBC*

Oldbury benefits from a wide range of shops, amenities and restaurants as well as a number of good schools, parks and play areas. Just six miles from Birmingham, the town boasts great transport links by road and rail and is served by the M5 for ease of commuting.

Only a 4 minute walk to Sandwell and Dudley Train Station, you will find regular trains to Birmingham, Wolverhampton, Walsall and Shrewsbury. If you’re travelling by car, the M5 is less than 5 minutes away which links onto the M6 taking you further afield.

Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.

The first phase of homes at The Junction are scheduled to be ready to move in from Spring 2024.

For more information, please register now to join our Early Waiting List to ensure you receive more details of the launch as they become available or contact our Sales Consultant who will be delighted in helping you find your new home.

LOCAL AREA

Getting into Birmingham for work or play is easy from your new home at The Junction, as you can be in the city centre within 15 minutes by train or 25 minutes by car.

Enjoy retail therapy at the famous Bullring shopping centre, one of the UK’s most visited shopping centres and home to over 200 shops including Selfridges, located in the very heart of the city. Beyond the Bullring, Birmingham’s canal quarter is home to some of the city’s best bars and restaurants, as well as the National Sealife Centre and Ikon Gallery.

Oldbury is just over six miles from Birmingham and four miles from Dudley, where you’ll be spoilt for choice when it comes to shopping and entertainment. Peaceful green space can be found just 1.6 miles down the road at Tividale Park, which benefits from a children’s play area, outdoor gym equipment and sports pitches.

The nearby town of Dudley hosts the famous Black Country Living Museum, an open-air museum of rebuilt historic buildings in Dudley and the West Midlands, that showcase the area’s rich heritage. You’ll also find Dudley Zoo, located within the grounds of Dudley Castle, ideal for a fun family day out.

For those that enjoy the great outdoors, Oldbury’s best kept secret is the Sheepwash Local Nature Reserve, a quiet spot, tucked away from Oldbury town centre. This green space boasts 39 hectares of young woodland, grassland, pools, streams and the River Tame, perfect for dog walks. Close by, Titford Pool is also great for a stroll by the canal and to explore the local wildlife, with a couple of good pubs along the way for a pit stop and a bite to eat.

WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Legal & General Affordable Homes are a Registered Provider offering these apartments 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

*Council Tax: TBC
Council tax bands are 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.