£84,000
2 bed flat for saleLloyd Park @ Port Loop, Birmingham B16
2 beds
1 bath
1 reception
About this property
Plot 77 The Rutland
Example share price shown at 30%
Available to buy with Shared Ownership
Open plan living space
Symphony fitted kitchen with integrated appliances*
Utility cupboard with washer dryer included
Ground floor patio area
Contemporary bathroom with Porcelanosa
**Open Day Saturday 12th September, call to book your appointment today** DiscoverThe Rutland, a stylish two bedroom apartment in the heart of Port Loop available with Shared Ownership and including parking.
Description
Moving to a brand new modern apartment is more affordable than you might think, when buying with Shared Ownership. Step onto the property ladder in The Rutland, a spacious two bedroom apartment with a move in ready specification.
This modern apartment boasts a spacious open plan living space where you'll find a Symphony fitted kitchen with integrated fridge freezer, oven, hob and cooker hood, featuring soft close cabinets and drawers, beautifully finished with matching work tops and upstands. There's ample space for a dining table, and the lounge area opens out onto a patio area, providing welcomed outdoor space.
The modern bathroom features a sleek white suite with a shower over the bath and is finished beautifully with high-quality Porcelanosa tiles, delivering a stylish and contemporary feel.
With two double bedrooms, this apartment gives you the option for a home office, guest space as well as your own space to retreat.
With flooring included throughout, you don't need to worry about those details - when you move in there's carpet ready fitted to the bedroom and amtico vinyl to all other areas.
Example Of Financial Breakdown
Full market value: £280,000
30% share value: £84,000
5% deposit: £4,200
Rent charged on un-owned share: 2.75%
Monthly Rent on un-owned share £449.17
Monthly Estimated service charge (Includes Buildings Insurance): £123.86
Location
Thoughtfully designed for modern lifestyles, each home includes a sleek contemporary specification, private outdoor space and access to green surroundings. Even with the city so close, life here moves at its own pace. Walkable streets, future cafés and local services, and a welcoming sense of place make this a true Community in the making - where residents shape the neighbourhood together. Set within one of the city's most exciting new Communities, Lloyd Park blends the energy of urban living with the calm of a welcoming neighbourhood feel, with thoughtfully planned green spaces, and easy connections to shops, schools, and leisure opportunities right on your doorstep.
Disclaimer
Disclaimer
This key information document is to help you decide if shared ownership is right for you. Please note that the examples and figures are correct at the time of issue but will change over time in accordance with changes in house prices and the terms of the shared ownership lease.
This document is also available in accessible formats. To request a copy please contact our sales advisor.
Computer generated images and photography are intended for illustration purposes only and should be treated as general guidance only. Please refer to the sales team for further information. EPC on completion.
There are 999 Years remaining on the lease. The annual Management & Service Charge is £1,486.32 per annum. This is a new build property, and we are awaiting local authority assessment for the council tax banding.
Lease, Management and service charges have been provided by the Housing Association, but their accuracy cannot be guaranteed, as we may not have seen the original lease. Should you proceed with the purchase of the property, lease details must be verified by your solicitor.
*Speak to agent regarding details
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Mortgage calculator
£420 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Service charge
£1,740 per year
Council tax band
Ground rent
£0



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