Shaftmoor Lane, Hall Green, Birmingham

2 bedroom property for sale

Shared ownership £100,000

Lucas Place is a vibrant collection of contemporary two bedroom homes in Acocks Green, Birmingham available through Shared Ownership. With prices starting from £94,000 for a 40% share with a monthly rent of £330pcm and a minimum deposit required of £4700*. These stunning homes are ready to move into in June 2023 and are highly anticipated.

A vibrant collection of contemporary 2 and 3 bedroom houses in Acocks 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 own your own home with a lower deposit than is required to buy outright or with other buying schemes.

Ground Floor


Kitchen / Dining
12' 8" x 8' 4" ( 3.86m x 2.54m )
KITCHEN
• Contemporary kitchen with chrome handles and soft close cupboards
• Wood-effect laminate worktop with matching upstand
• Stainless steel splashback to hob
• Stainless steel 11/2 bowl sink with chrome mixer tap
• Zanussi electric single oven, hob and stainless-steel chimney hood
• Space for fridge/freezer
• Space for washing machine
• Removable base unit for future installation of dishwasher to 3 bedroom houses

Living Room
14' x 10' 6" ( 4.27m x 3.20m )


First Floor


Bedroom One
13' 9" x 11' 4" ( 4.19m x 3.45m )


Bedroom Two
7' 6" x 13' 9" ( 2.29m x 4.19m )


Specification:
CLOAKROOM
• Contemporary white sanitaryware comprising close-coupled toilet and basin
• Chrome mixer tap with clicker waste
• Splashback tiling to basin
• Mirror

BATHROOM
• Contemporary white bathroom suite comprising bath, close-coupled WC and pedestal basin
• Chrome mixer tap with clicker waste
• Glass shower screen to bath
• Thermostatic bath/shower mixer over bath
• Large format wall tiling to bath and splashback tiling to basin area
• Mirror
• Chrome heated towel rail

FLOORING
• 2 bedroom homes have wood effect vinyl flooring throughout the ground floor and carpet to stairs, landing and bedrooms
• 3 bedroom homes have wood effect vinyl flooring to kitchen or kitchen/diner, cloakroom and bathroom and carpet to living room or living room/diner, stairs, landing and bedrooms

GENERAL
• White PVCu double-glazed windows
• Walls and ceilings painted in 'Almond White'
• Architraves and skirtings painted in white satinwood
• White panelled internal doors with chrome ironmongery
• Gas central heating via Combi boiler and white contemporary radiators
• NHBC 12-year build warranty

EXTERNAL
• Parking bay to all homes. (Please check site plan for number of bays per plot)
• Paved patio area
• Turf to rear garden
• Outside tap
• 1.8m high timber fencing to rear garden

ELECTRICAL
• Track light to kitchen
• Light fitting to cloakroom and bathroom
• Pendant lighting to all other areas
• White sockets and switches
• Telephone point to hall and living room
• TV point to living room
• Smoke and carbon monoxide detectors
• Extractor fan to bathroom, cloakroom and kitchen
• Shaver socket to bathroom
• Light to front and rear elevation

How Does Shared Ownership Work
The Shared Ownership scheme is simple, you buy an initial share of between 40% and 75% of the homes full value and pay a subsidised rent on the remainder.
You may purchase further shares (up to 100%) as your circumstances change, should you choose to.

Is It Cheaper Than Renting?
Shared Ownership can be cheaper than renting privately as the mortgage cost and low rent usually add up to less than the equivalent rental payments to a landlord.

What If I Already Have A Home?
If you already own a property you would need to have confirmed the sale of your home when you apply to buy via Shared Ownership.
Your application would be assessed based on your housing need for you to be considered for Shared Ownership.

Will I Need A Deposit?
Yes you still need a deposit, but only on the percentage of the property you are buying. Mortgage deposits can often be from 5% of the share value.

What Is The Eligibility?
If you earn or have a household income up to a maximum of £80,000 (or £90,000 in London) per annum, you could be eligible. You can also use Shared Ownership to buy alone or with another person as long as your joint incomes don't exceed the maximum earnings bracket.

What Share Is Available To Me?
You can purchase any share from 40% to 75% of the initial purchase price, but some properties may carry specific minimum share restrictions. You will be asked to speak to a financial advisor to assess what share you can buy that is both affordable and sustainable.

Disclaimer:
This brochure is designed specifically as a guide. The computer generated images are for illustrative purposes only. The floorplans shown are for approximate measurements only. Exact layouts, dimensions, entrances, position of windows, PV panels and doors may vary and are subject to change. Please ask a Sales Consultant for further information. *Homes are handed.

Specification correct at time of print, but is subject to change without notice. Unless specifically incorporated in writing into the sales contract the specification is not intended to form part of any contract or warranty.

Legal & General Affordable Homes terms and conditions apply. All content within this document is indicative only. Legal & General Affordable Homes reserves the right to make any changes at any time. Please speak to a member of our Sales Team for up-to-date information when reserving your new home. Information is correct at the time of going to print.

Shared Ownership - Terms and conditions apply. This scheme is subject to status and fitting criteria. Minimum and maximum share values will apply and rent is payable on the unsold share. Please speak to a Sales Consultant for more details.

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