Mansion House, Birmingham

Property Details: • Type: Apartment • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • 2 DOUBLE bedroom apartment with balconies off both bedrooms • Just 10 Minutes walk to Brindley Place • BRAND NEW kitchen with integrated appliances • Views over Birmingahams iconic skyline • Bathroom with shower over bath and vanity unit. Tiled floor • Living and Kitchen area laid to Veneered OAK floorboard • Video entry system controlled by your phone • Lift to all floors • Walking distance to Birmingham City Centre

Location: • Nearest Station: Jewellery Quarter Tram Stop • Distance to Station: 0.8571640091859692 miles

Agent Information: • Address: 15-17 Warwick Row, Coventry CV1 1EX

Full Description: Apartment 503, first floor - Welcome to Mansion House, Birmingham’s premier 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.<br /><br />RESERVE APARTMENT 503 IN OCTOBER AND IN ADDITION TO THE SUPERB SPEC, RECEIVE 6 MONTHS RENT PAID BY US! <br /><br />6 months’ rent element paid when reserving apt 503 by 31st October at a share value of 25% or higher. The six months of rent payable will be calculated based on the share purchased, following a full affordability assessment and mortgage qualification. The applicable rent amount will be deducted from the completion statement at legal completion. After completion, the customer will be responsible for paying rent through the usual payment channels. Can not be used in conjunction with any other offer or promotion. No cash alternative.<br /> <br />Key Features:<br />* Bright, Spacious Living Areas: Open-plan designs with large windows.<br />* Two Bedrooms: Thoughtfully designed for comfort.<br />* High Ceilings: Creating an airy, grand ambiance.<br />* Private Balcony: Your own outdoor retreat.<br />* Modern Features: State-of-the-art appliances and sleek interiors.<br />* Community Focus: Small groups of apartments with shared entrances to foster a sense community and connection.<br /><br />Port Loop Community: Situated in a vibrant community, Mansion House offers easy access to local amenities, parks, shops, and cultural attractions. Nestled between Birmingham Canal Old Line and the Birmingham Canal, Port Loop is just a 15-minute walk from Birmingham city centre. Its island location was once the industrial heart of the city, so the tow paths that served it provide superb, direct routes to the city centre. You can go by foot or jump on a bike. This is more than just a home; it’s a lifestyle that values sustainability and neighbourly connections.<br /><br />What is Shared Ownership? - Shared Ownership is a government-backed scheme that lets you buy a percentage share of your new home. The scheme enables buyers to purchase a share of the value of the home - this is usually between 10 to 75 percent and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property later (known as Staircasing). <br /><br />With your deposit starting from just 5% of the share you buy (not the full property price) it’s possible to make your move sooner. Available to eligible buyers across England, Shared Ownership offers an often more affordable route onto the property ladder.<br /><br />ELIGIBILITY:<br />To be eligible for a home at Mansion House, you'll need to:<br />• Have a combined household income under £80,000 per annum<br />• Not already own a property, or part of a property, at the time of completing on your purchase<br />• Be unable to purchase a suitable home to meet your housing needs on the open market<br /><br />Example of Financial Breakdown for Shared Ownership: <br />• Full market value: £ 287,500<br />• 29% share value: £83,375<br />• 5% deposit: £4,168.75<br />• Rent charged on un-owned share: 2.75% <br />• Monthly Rent on un-owned share - £467.79 per calendar month<br />• Monthly Estimated service charge including buildings insurance: £181<br /><br />The key information document is to help you decide if shared ownership is right for you.<br />Please note that the examples and figures are correct at the time of issue but will change over time in accordance with changes in house prices and the terms of the shared ownership lease.<br />This document is also available in accessible formats. To request a copy please contact our sales advisor.<br /><br />Council Tax: TBC<br />Council tax bands are TBC and often not released until the property is complete. If you need any guidance, please get in touch with our sales team or the local authority.<br /><br />Experience the best of canal side living at Mansion House. Contact us now to arrange a viewing and become part of this exceptional community.<br /><br />* Please note computer generated images and photography are intended for illustration purposes only and should be treated as general guidance only. Please refer to the sales team for further information. EPC on completion.<br /><br />Terms and conditions apply