Lea Hall Gardens, Wood Lane, Handsworth Wood, Birmingham
3 Bedroom Lea Hall Gardens, Wood Lane, Handsworth Wood, Birmingham available
COMING SOON - Brand new 3 Bedroom homes available to buy on Shared Ownership. Located on a new development called Lea Hall Gardens in the Handsworth Wood area of Birmingham.Enquire online
AVAILABLE SOON - Brand New Three Bedroom Semi-detached & Detached houses for sale on Shared Ownership. Prices start from £87,750 for a 45% share* plus a monthly rental charge.
Midland Heart are delighted to offer brand new affordable homes in the Birmingham suburb of Handsworth Wood. These desirable properties are located on a new development called Lea Hall Gardens, on the edge of Perry Hall Park but within easy reach of Birmingham.
Conveniently situated for all amenities including good school catchment, local shops/supermarket, open spaces and the main commuter routes to Birmingham City Centre.
- Only available to buy on Shared Ownership : 45% to 75% initial share available
- The opportunity to buy more shares to own 100% of the property in the future
- All interested parties must be approved by Help To Buy
3 Bedroom Semi-detached Houses briefly comprise:
Ground floor WC
Kitchen to the front with Oven, Hob & Hood
Lounge/Dining room with French doors leading to the rear garden
3 Bedrooms and bathroom upstairs
3 Bedroom Detached Houses briefly comprise:
Hallway in the middle of the house
Lounge to the left
Kitchen/Dining room to the right with a door leading to the garden
Ground floor WC
3 Bedrooms and Bathroom upstairs
PRICES - Shares available from 45% to 75%
3 Bedroom Houses £195,000 (100%)
45% Share Price £87,750 - Monthly Rent £268.13
75% Share Price £146,250 – Monthly Rent £121.88
PLUS the following monthly charges
Management Charge £22.00
Buildings Insurance £5.47
Estate Charge £13.50
Shared Ownership is an excellent way for first time buyers or anyone who cannot afford to buy outright, to buy a property in an area they want to live. It is great if you have limited savings, as you only need a deposit for the share you buy.
AVAILABLE SOON - Contact us today to register your interest and see how we can help you buy your very own home.
All applicants are required to register and apply in the first instance with Help to Buy for eligibility approval.
^Photographs shown are for illustrative purposes only and are of a typical Midland Heart property at this location.
*Share advertised is the minimum share. Maximum share for initial purchase 75%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines.
Amount advertised is subject to change and is based on a 45% share.
An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.
This is a great area for families with school age children. Very locally are 4 schools, 2 primaries and 2 secondaries. All of which are rated ‘Outstanding’ by OFSTED. Both secondary schools cater for pupils from 11-18 years, meaning that ‘A’ levels are also covered. For further education the world class Birmingham University main campus is just 10 minutes away.
The development is located superbly for downtime with family and friends. On the doorstep is Perry Hall park and slightly further afield is the locally renowned Sandwell Valley Country Park, with acres of green open space and a large lake which is used for sailing activities.
Just over a mile away in Perry Barr you will find the One Stop shopping centre, with over 60 exciting stores for you to explore as well as places to eat and plenty of parking, you won’t need to look anywhere else. For groceries there is a Tesco superstore within very easy reach.
Are you eligible to apply?
Shared ownership is offered to people who:
- Have the funds to purchase a share in the property or the ability to obtain a mortgage for their share purchase
- Have £80,000 or less household income
- Are on the electoral roll
- Have a good credit history
- Pass our financial affordability criteria to ensure that you can afford the property on a sustained basis
- Have no history of rent arrears
- All applicants are required to register and apply in the first instance with Help to Buy for eligibility approval.