1 bed flat for sale

Perry Barr Village, Birmingham B42

Summary
Join us on Thursday 8th May between 4pm –7pm for our exclusive Shared Ownership workshop event at Perry Barr Village with your chance to view a selection of new Shared Ownership 1 & 2 bedroom apartments available. By appointment only call to book today.

Description
A superb collection of 1 and 2 bed apartments available with Shared Ownership, across 3 separate blocks, with attractive communal spaces and a great location in Perry Barr, with Birmingham just 13 minutes away from the nearby station.

You will find a new community, designed with high levels of sustainability, with shared public spaces, tree lined streets, with a green central space including a basketball court and children's play area at its heart.

These one and two bedroom apartments offer contemporary living with modern interiors finished to high specifications throughout. Presenting a range of designs, the apartments are generously sized and offer high quality kitchens with integrated appliances, flooring throughout and high quality bathroom fittings.

Perry Barr provides a great range of local shops and restaurants - the One Stop shopping centre is directly opposite, plus many amenities, schools, parks and open spaces close to hand. While Birmingham is just 4 miles away, with easy access to the A34 and M6 and Perry Barr railway station also close by, giving great options for commuting.

Price Example - Plot A.02.07
Full market value - £151,000
40% Share price - £60,400
Monthly rent based on a 40% share - £207.63
Monthly service/ estate charge - £185.67
Minimum deposit required - £3020
Anticipated Household Income To Purchase 40% - £25,704

Location
Living in Perry Barr Village gives you plenty of options on your doorstep, with the One Stop shopping centre just across the road with a wide range of shops and restaurants, while there are also many local amenities equipped with all the essentials for everyday living and more close by.

Whether it's by road or rail, getting around has never been simpler. Perry Barr railway station is just a short walk away from the development and the journey to Birmingham New Street will take you just 13 minutes. Whilst by road, the A34 and M6 offer access to wider road networks. There are also 12 bus stops within easy walking distance of the development with regular buses taking approx. 35 minutes to Birmingham New Street.

Your new home in Perry Barr Village will also open up a huge range of activities and opportunities to explore with numerous parks, nature reserves and woodland sites nearby, including Aston Park and Gardens, Perry Hall Park and Sandwell Valley rspb reserve all within a short distance, so you can soon find the perfect place for a dog walk or picnic!

While Birmingham will allow you to indulge in retail therapy in the Bullring shopping centre, with over 200 shops. To relax after a busy days shopping head to the canal quarter to enjoy some of the best bars and restaurants, or perhaps a visit to the Science Museum, Sealife centre, Legoland Discovery centre, Botanical Gardens and Cadbury World, gives you plenty of possibilities for a day out!

About Shared Ownership
Are you sick of renting, sky high energy bills and the general uncertainty that surrounds it all? If you want to make 2025 the year you finally get yourself on the property ladder, read on!

We know what you're thinking, "How am I ever supposed to save up a deposit to buy a new home with the ever increasing cost of living and rent! I'm barely making my monthly payments as it is!"

Saving up for a deposit can feel like a huge task, especially when you already have monthly bills to pay for. With Shared Ownership, deposits are massively reduced meaning you could get on the property ladder with a deposit as low as £5,000!

Shared Ownership lets you buy a portion of a home, and then pay monthly rent on the remaining portion (usually to a housing association or other home provider - in this instance, Legal & General Affordable Homes).

The scheme is aimed at first-time buyers, those with growing families, and other individuals over the age of 18 who fit the criteria and want to get on the property ladder in an affordable way. You'll need a significantly smaller deposit than if you were looking to buy a house outright with a mortgage, which means you could get moving sooner than you thought!

A buyer is able to purchase a percentage of their property (some properties may have minimum shares that you'll need to buy). During the process, you'll have an independent mortgage broker, or a budget planner who can advise on what you can afford. You won't be alone in the journey.

You'll still need to qualify for a mortgage based on your income and credit history, but the deposit and monthly payments can be cheaper than renting privately. Once you've bought a portion of a Shared Ownership home, you have the opportunity to increase your share later on in a process known as "staircasing". Over time, you could increase your share to 100%, depending on the specific allowances of the property you've chosen.

Agents Notes
Whilst every effort has been made to ensure that the information contained in this listing is correct, it is designed specifically as a guide.

We take every care to ensure that the correct information is provided. The company employs a policy of continuous improvement and reserves the right to alter or amend the specification at any time and is subject to change. Details are correct at the time of going to print.

The floorplans shown are for approximate measurements only. Exact layouts, dimensions, entrance and position of windows and doors may vary between plots. All measurements may vary within a tolerance of 5%. Furniture, kitchen and electrical layouts are indicative only and subject to change. Please ask your
Sales Consultant for further information. Computer generated images are for illustrative purposes only - plot specific elevations may vary.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.