1 bedroom apartment for sale
Apartment 2, 22 Smithfield House,, B5 7FF
Share percentage 40%, full price £200,000, £8,000 Min Deposit.
Share percentage 40%, full price £200,000, £8,000 Min Deposit.
Monthly Cost: £524
Service charge £118,
Mortgage £406*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A MODERN ONE BEDROOM GROUND FLOOR APARTMENT
Description
An ideal first time purchase offering 40% share at £80,000. The property has communal entrance, landing, lounge with open plan kitchen, double bedroom with fitted wardrobe, bathroom.
Entrance Via Communal Area -Via secure intercom system
Entrance Hallway -Door leading to hallway and storage cupboards.
Lounge / Kitchen Open Plan -Double glazed windows & fitted kitchen with integrated appliances.
Double Bedroom -Window & fitted wardrobe.
Bathroom -Fitted bathroom, bath, shower over, WC, wash hand basin & tiling.
Here at Connells Birmingham City office we offer free advice on the house buying, selling, investing and letting process. Whilst also offering a large range of brand new build properties. We also offer mortgage advice should you need it whether you're a purchaser, seller or investor. Please contact us for more information.
Agent notes:Property can be purchased at 70% share with the housing association upon application. Current owner owns 40% share at £80,000.
Please call us if you would like more free information on how the shared ownership scheme works.
Key Features
A MODERN BUILD APARTMENT
SITUATED ON THE GROUND FLOOR
OPEN PLAN LOUNGE WIH FITTED KITCHEN
BIRMIMGHAM CITY CENTRE LOCATION
IDEAL FOR FIRST TIME BUYERS
FANTASTIC COMMUTING LINKS CLOSE BY
LARGE DOUBLE BEDROOM
NEW HOME WARRENTY STILL IN DATE
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 40%, full price £200,000, £8,000 Min Deposit. Calculated using a representative rate of 4.64%
