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Shared ownership£130,000
Added > 14 days

3 bedroom house for sale

Plot 196 - Three Bed House - Lucas Place, THREE BED HOUSE at Lucas Place, Hall Green B28
New build
Chain-free
Save
House
3 bed
1 bath
930 sq ft / 86 sq m

Key information

Tenure: Leasehold | 40% share | rental £447pcm | 990 yrs left
Service charge: £899 per annum
Council tax: Band TBC
Water: Ask agent
Heating: Gas, Double glazing, Central heating
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (990 years remaining)
  • Zanussi oven, gas hob and stainless steel cooker hood
  • Turf to rear garden
  • Paved patio area
  • Two parking bays per home
  • NHBC 12 Year Building Warranty

The best of both worlds

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

Plot 196 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: £447 per month
  • Service Charge: £75.04 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.

The first phase of Homes at Lucas Place will be 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

Acocks 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 houses 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.

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.

*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 do not depict the actual development but represents a similar style to the specification at Lucas Place.

Property information from this developer

Places of interest

    Request details
    New Phase Of Three Bed Houses Now Available! A vibrant collection of contemporary 2 and 3 bedroom houses in Hall Green, Birmingham available through Shared Ownership.  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.    The next phase of homes to be released at Lucas Place will be available to move in late Spring 2024. 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 actual two & three bedroom houses at Lucas Place.

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    *DISCLAIMER

    Property reference 3RgLPnkKFqk. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Legal & General Affordable Homes - Lucas Place.

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    Broadband availability and predicted speed

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    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

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    Mobile phone signal availability and predicted strength

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    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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