Perry Barr Village in Birmingham
by Legal & General Affordable Homes
Do you want to see site plans, house types and floorplans?
You can see all of this and much more by requesting the development brochure. Simply complete the short form below.
Shared Ownership Workshop & Viewings - Saturday 8th March
Join us on Saturday 8th March between 10am -2pm 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.
Attend one of three workshops to gain more understanding about Shared Ownership and receive free financial advice on the day. Numbers are limited so contact us today to secure your place. Workshops will take place (approx. 10 attendees per visit) at the following times:
- 10am
- 1230pm
- 2pm
Welcome to Perry Barr Village a new community in the heart of the West Midlands - register your interest now!
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.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
Available to purchase from a 40% share
Financial Breakdown:
- Full Market Value: £149,000 -£225,000
- 40% Share Value: £59,600 -£90,200
- 5% deposit of 40%: £2,980 - £4,510
- Rent on unowned share: £205 - £310 per month
- Service Charge: £185.67 - £258.65 per month
- Council Tax: TBC*
Key Features:
- Conveniently located close to the city centre
- Perry Barr station opposite - only 13 mins train into Birmingham New Street
- Located opposite the One Stop Shopping centre
- Beautiful landscaped communal gardens
- Private balcony or terrace to selected apartments
- Oven, hob and integrated hood
- Integrated fridge/freezer & dishwasher to most apartments
- Freestanding washer/dryer to utility cupboard
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 10 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 homes 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 Perry Barr Village, 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
- Customers with a live/work connection to Birmingham will be prioritised
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 TBC and 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.
Interior dressed CGI images are a representation taken in actual 1 & 2 bed apartments in the Aldridge Collection at Perry Parr Village - styles and layouts vary.
Example Shared ownership share price options
The following table shows examples of the share price range of this development at various share points
| Share | Lower price | Upper price |
|---|---|---|
| 40% share | £59,600 | £90,200 |
| 45% share | £67,050 | £101,475 |
| 50% share | £74,500 | £112,750 |
| 55% share | £81,950 | £124,025 |
| 60% share | £89,400 | £135,300 |
| 65% share | £96,850 | £146,575 |
| 70% share | £104,300 | £157,850 |
| 75% share | £111,750 | £169,125 |
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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