Full Property Description

LOCATION

This property enjoys a most attractive location off New House Farm Drive, Northfield forming part of the very popular 'Bournville Park' development convenient for access to all necessary local amenities.

The development has direct access to Manor Farm Park with its lake and woodlands.

The property is convenient for access to Birmingham University and the Queen Elizabeth Hospital in Selly Oak, the Royal Orthopaedic Hospital in Northfield and Cadburys in Bournville.

SUMMARY

* 50% Shared Ownership apartment

* Located within the historic 'Manor House' building, once owned by the Cadbury family. A mock Tudor-style building dating back to the 1700s

* Secure building entrance with remote intercom access

* External Staircase from a Central Courtyard leading up to the front door of Apartment 26

* Entrance Hallway with large Storage Cupboard off housing plumbing for washing machine and storage space

* Open-plan Kitchen/Living Room/Dining Area, consisting of -

* Fitted Kitchen with a range of wall and base units and drawers, one bowl stainless steel sink and drainer unit, Indesit four ring electric hob with oven below and extractor fan over and built-in fridge/freezer

* Living Room/Dining Area with ample space for a dining table or study space, with views over the surrounding estate

* Very good sized Bedroom

* Bathroom with white suite to include low level WC, pedestal wash hand basin, bath with chrome thermostatic shower fitment over and shower screen, and chrome electric heated towel rail

* Allocated parking

* Viewing highly recommended

GENERAL INFORMATION

TENURE:
The Agent understands that the property is LEASEHOLD with a term of 250 years commencing from January 2020, therefore there are approximately 245 years unexpired.

This property is sold on a 50% shared ownership basis. There will be a rent and service charge to pay, the below figures are applicable from 1st April 2025 onwards.

Rent: £286.02 per month.

Service Charge: £72.66 per month.

Lease Management Fee: £25.14 per month.

Estate Charge: £16.48 per month.

ELIGIBILITY CRITERIA:
There are certain criteria you must meet to qualify for a shared ownership property including, but not limited to -

• You are at least 18 years of age

• You have a deposit and can secure a mortgage

• You have a household income of less than £80,000 per year

• You are a first-time buyer i.e., you don’t already own a home

• You are currently a homeowner; however, the property is not suited to your current needs, and you cannot afford to purchase a suitable property

Further shared ownership eligibility criteria can be found at www.homereach.org.uk/general-eligibility

COUNCIL TAX:
Band B.