2 bedroom apartment for sale
Mansion House @ Port Loop, Rotton park Street, B16 0AE
Share percentage 25.00%, full price £292,500, £3,656 Deposit.
Share percentage 25.00%, full price £292,500, £3,656 Deposit
Monthly Cost: £989
Rent £391,
Service charge £191,
Mortgage £407*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A stunning selection of two bedroom apartments, overlooking the canal and water with double balcony's and situated within a tranquil setting.
Description
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.
Our two bedrooms apartments at Mansion House are also available to buy through the government-backed Shared Ownership scheme, with prices starting from £73,125 based on a 25% share.
PLOT 101 / 201 / 202 / 302 / 402 - PLOTS ALL RESERVED
PLOT 301 - AVAILABLE FOR SALE
Shares available 25-75%
Price example -
Full market value - £292,500
25% share price - £73,125
Rent per month based on a 25% share - £502.74
Estate charge per month - £180.94
Shared Ownership management fee - £128 per annum
Minimum deposit required - £3656.25 (subject to affordability check)
Key Features
Shared Ownership
Listing based on a 25% share
Two bedroom ground floor apartment
Dual Aspect
Double Balcony
Waterside Development
Reservations off plan - viewings available on a similar property type
999 year lease & 10 year warranty
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Price ListMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 10%, full price £292,500, £1,463 Min Deposit. Calculated using a representative rate of 5.03%
Connells - West Midlands
