An fantastic opportunity to purchase a three bedroom semi-detached property situated in Lea Hall. The property is being sold as Chain Free and is currently shared ownership(please see the brochure), but can be purchased outright. It is on a corner plot so may have potential to extend subject to planning permission.
Situated in a convenient residential location having access to local amenities such as shops, schools and parks, it is in close proximity of Lea Hall train station and offers good travel links to Birmingham City Centre, the M6 and M42.
Accommodation comprising, entrance hallway, lounge, kitchen and bathroom, upstairs comprising of three bedrooms. There is a large garden to the front and additional garden to the rear.
Shared Ownership
The current owner is selling their 50% share at a market value of £75,000, the full current market value is £150,000. The property can be brought outright by purchasing the remaining 50% from the management company which is Midland Heart. Additional information available upon request.
If you do wish to purchase as shared ownership the charges are as follows:
Rent £ 127.62
Management Charge £ 24.31
Buildings Insurance £5.53
Service charges £0.00
Total Monthly Charge: £158.29
All enquiries regarding shared ownership options and applications must be directed to the management company, details are available upon request. The following information has been provided by the current home owner. This information will need to be confirmed by the purchasers legal representatives.
Property Ownership Information
Tenure
Shared ownership
Council Tax Band
A
Percentage Share Owned
50%
Additional Monthly Rent
£158.29
Annual Ground Rent
No ground rent
Ground Rent Review Period
Every 1 year
Annual Service Charge
No service charge
Service Charge Review Period
No review period
Lease End Date
03/11/2092
Disclaimer For Virtual Viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.