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Shared ownership

Mansion House @ Port Loop in Birmingham

by Connells

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2 bedroom apartments
From £87,750 for a 30% share
(From £292,500 Full Market Value)

Birmingham, West Midlands, B16 0AE

Connells

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This is a Shared ownership development by Connells

Two apartments remaining on current phase
10-75% shares
Prices starting from £29,250 based on a 10% share
Rents from £603.29 per month based on a 10% share
Opportunity to staircase to 100% in the future
Speak with our Shared Ownership team today for more information

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.

Experience the best of canal side living at Mansion House. Contact us now to arrange a viewing and become part of this exceptional community.

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 £87,750 based on a 30% share.

The show home at Mansion House is now available to view, call our team to arrange your private appointment or email us.


Apartments available – Plot 201 / 202

Shares available 10-75%

Price example -
Full market value - £292,500
30% share price - £87,750
Rent per month based on a 30% share - £469.22
Service charge per month - £180.94 (approx)
Shared Ownership management fee - £128 per annum
Minimum deposit required - £4387.50 (subject to affordability check)

Key Features:
- Bright, Spacious Living Areas: Open-plan designs with large windows.
- Two Bedrooms: Thoughtfully designed for comfort.
- High Ceilings: Creating an airy, grand ambiance.
- Private Balcony: Your own outdoor retreat.
- Modern Features: State-of-the-art appliances and sleek interiors.
- Community Focus: Small groups of apartments with shared entrances to foster a sense community and connection.

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.

Shared Ownership criteria:
If you’re eligible, you can apply for the Shared Ownership property that you’d like to buy. It’s easier than you may think; you purchase a share of between 25-75% of your new home, using your deposit and a mortgage, and pay subsidised rent on the remaining share.
The other part of the home is owned by a housing association or housing development company, like Places for People, this is who you’ll pay rent to, and Shared Ownership homeowners can buy more shares in their property later, if you wish, in some instances up to owning 100% of your home. This is called ‘staircasing’. The more shares in the property you own, the less rent you need to pay on the remainder.

With Shared Ownership, the lower deposit and mortgage repayments helps people get onto the property ladder sooner, rather than later.

Example Shared ownership share price options

The following table shows examples of the share price range of this development at various share points

 
Share Price from
30% share£87,750
35% share£102,375
40% share£117,000
45% share£131,625
50% share£146,250
55% share£160,875
60% share£175,500
65% share£190,125
70% share£204,750
75% share£219,375
 

Are we missing any purchase information? Contact the developer

Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.

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