3 bedroom house for sale

Available

Shaftmoor Farm Road, B28 8SW

£130,000 · Shared Ownership New Build

Share percentage 40%, full price £325,000, £6,500 Min Deposit.

Available
3 bedrooms
1 Bathroom
Private Garden
Pets allowed
Parking
NEW THREE BED HOMES NOW AVAILABLE!
Floor plan
floor-plan
Floor plan
floor-plan
£130,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £325,000, £6,500 Min Deposit.

Monthly Cost: £1,264
Rent £447, Service charge £76, Mortgage £741*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

ELIGIBILITY CRITERIA:

To be eligible for a home at Lucas Place, 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
  • Must have a living, working or family connection - in the local area

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

Enjoy the best of both worlds with life on the edge of the city. New Three Bed homes at Lucas Place will be ready to move into from late Spring 2024. 

Description

New Phase Of Two Bed Houses Now Available!

A vibrant collection of contemporary 2 and 3 bedroom houses in Hall Green, Birmingham available through Shared Ownership.

Plot 272 is a 86 square metre mid terrace house with 2 parking bays at Lucas Place, Shaftmoor Lane, Birmingham, available to purchase through Shared Ownership.

Available to purchase from a 40% share.

Financial Breakdown:

  • Full Market Value: £325,000
  • 40% Share Value: £130,000
  • 5% deposit of 40%: £6.500
  • Rent on unowned share: £454 per month
  • Service Charge: £76.01 per month
  • Council Tax: TBC*

Lucas Place is a new community of Shared Ownership homes with a range of excellent nearby amenities and transport options including a Lidl, local GP, dental practice, leisure facilities, restaurants, pubs and plenty of local shops to enjoy. Perfect for a growing family, there are a choice of well-regarded primary and secondary schools within a mile too.

The brand-new houses combine charming features and everyday conveniences while offering plenty of natural light and neutral décor, waiting for you to design as you wish. Every home has its own private garden, allowing you your own outside space to enjoy throughout the year.

You are perfectly located for the buzz of the city, as Birmingham Moor Street is just 9 minutes away by train. Major roads including the A34 and A41, plus Birmingham’s excellent bus network mean that whether by bike, car or public transport, you are easily connected.

Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.

This home at Lucas Place is ready to move into now.

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

LOCAL AREA

Hall Green is close to the city centre, but far enough away for a quieter way of life giving you the best of both worlds. The nearest rail line and bus stop are just minutes away for when you require easy and reliable public transport options.

Whether you opt for a cycle, drive or trip on the train, you’re close to it all giving you a range of transport options. By bike, you’ll easily arrive at the local shops which are only 250m away or a little further afield, you can reach Hall Green Little Theatre, Shire County Park or Fox Hollies Leisure Centre to name a few.

By car, you’re less than 3 miles from Moseley Hall Hospital and Robin Hood Golf Club. Looking to head further afield? Only 5 miles from Birmingham City Centre and 7 miles from both the planned HS2 Station in Solihull and Birmingham International Airport, you can start planning your next adventure!

Looking to travel by train? Your train station is Spring Road Station taking you into Birmingham Moor Street in 9 minutes, Birmingham New Street in 22 minutes, Wolverhampton in 45 minutes and London Euston in 1.5 hours.

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 25 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 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.

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

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.

CGI images are a dressed representation taken in an actual two bedroom house at Lucas Place.

Key Features

KEY FEATURES:

  • Zanussi oven, gas hob and stainless steel cooker hood
  • Turf to rear garden
  • Paved patio area
  • One parking bay
  • NHBC 10-year build warranty

FULL SPECIFICATION:

Kitchen

• Contemporary kitchen with chrome handles and soft close cupboards

• Wood-effect laminate worktop with matching upstand

• Stainless steel splashback to hob

• Stainless steel 1½ bowl sink with chrome mixer tap

• Zanussi electric single oven, hob and stainless-steel chimney hood

• Space for fridge/freezer

• Space for washing machine

• Removable base unit for future installation of dishwasher to 3 bedroom houses

Cloakroom

• Contemporary white sanitaryware comprising close-coupled toilet and basin

• Chrome mixer tap with clicker waste

• Splashback tiling to basin

• Mirror

Bathroom

• Contemporary white bathroom suite comprising bath, close coupled WC and pedestal basin

• Chrome mixer tap with clicker waste

• Glass shower screen to bath

• Thermostatic bath/shower mixer over bath

• Large format wall tiling to bath and splashback tiling to basin area

• Mirror

• Chrome heated towel rail

Flooring

• 2 bedroom homes have wood effect vinyl flooring throughout the ground floor and carpet to stairs, landing and bedrooms

General

• White PVCu double-glazed windows

• Walls and ceilings painted in ‘Almond White’

• Architraves and skirtings painted in white satinwood

• White panelled internal doors with chrome ironmongery

• Gas central heating via Combi boiler and white contemporary radiators

• NHBC 12-year build warranty

External

• Parking bay to all homes. Please check site plan for number of bays per plot

• Paved patio area

• Turf to rear garden

• Outside tap

• 1.8m high timber fencing to rear garden

Electrical

• Track light to kitchen

• Light fitting to cloakroom and bathroom

• Pendant lighting to all other areas

• White sockets and switches

• Telephone point to hall and living room

• TV point to living room

• Smoke and carbon monoxide detectors

• Extractor fan to bathroom, cloakroom and kitchen

• Shaver socket to bathroom

• Light to front and rear elevation

Particulars

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

Property Downloads
Floor Plan Brochure Price List Energy Certificate
Video Tour
Map
Spring Road (0.08 miles) Tyseley (0.63 miles) Hall Green (0.69 miles)
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.

£130,000
Shared Ownership New Build
Estimated Monthly Cost:£1,264
Rent £447
Service Charge £76
Mortgage £741

Share percentage 40%, full price £325,000, £6,500 Min Deposit. Calculated using a representative rate of 5.26%


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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.