Price Is For A 50% Share Full Market Value 225,000 Purchase A Share Between 25% And 75% Depending On Budget.
Dixon's are pleased to offer eight brand new two bedroom Shared Ownership apartments. Available immediately you can buy shares as low as 25% at 56,250. Making living in Birmingham city centre affordable
Nye House is ready to move into now and is a collection of just twenty brand new 1 and 2 bedroom apartments available with shared ownership and situated in the cosmopolitan Birmingham City Centre. This small standalone block is over just four floors with just five apartments per floor and offers buyers the chance to get on the property ladder with a stylish apartment in what is fast becoming 'Birmingham's New Spot'
Available on a shared ownership basis ranging from 25% to 75% depending on buyers affordability, these apartments offer contemporary living in the heart of the city and come with a high level of specification throughout including;
"Contemporary matt kitchen in Haze grey with brushed chrome handles
"Integrated gas hob with extractor hood
"Integrated multi-function oven
"Fridge freezer and washing machine
"LED spotlights in the kitchen
"BT Openreach telephone and fibre broadband plus Digital TV point pre-wired for Sky
"Combination boiler and gas central heating to radiators
"Flooring throughout the apartment with carpets in New Oaklands Grey
"Personal entry phone system
"12 year NHBC Warranty
Shared Ownership Costs
Full Market Value - 225,000.
Minimum Share Available - 25% = 56,250
Rent at 25% Share - 386.72
Service Charge - 142.32
What is Shared Ownership?
Shared Ownership is a government backed scheme that has been around for 35 years and has helped over 200,000 people buy home. Shared ownership makes it possible to buy a home that otherwise might have seemed out of reach enabling you to put down roots and is usually cheaper than renting.
It works by buying a percentage of the homes overall value. You can purchase between a 25% and 75% share initially and must buy the maximum you can afford. You pay rent on the share you don't buy. The rent is always subsidised and will be calculated using a percentage of the value of the share you don't own.
Am I eligible?
oYou must be at least 18 years old.
oYou must be unable to buy a home suitable for your needs on the open market.
oPriority will be given to persons who work or live in the borough of Merton.
oYou will need sufficient savings for a mortgage deposit (generally a minimum of 5% of your share) and a clean credit history to qualify for a mortgage.
oYour annual household income must be less than 80,000.
oYou must be a first-time buyer or existing shared owner.
If you already own a home, and need to move but cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.
In line with government priorities, priority for Shared Ownership homes is awarded to serving military personnel and former members of the British Armed Forces honourably discharged in the last two years. People who live or work in the local area also receive priority. We welcome applications from everyone and will try and help if we can.
B5 - Central
Welcome to Bristol St, a new collection of contemporary one & two bedroom apartments available through Shared Ownership, situated in the centre of cosmopolitan Birmingham.
At Bristol St., you'll be living moments away from the very best that the city has to offer - from exceptional shopping facilities and hugely popular restaurants, through to tranquil green spaces and vibrant cultural venues.
This beautiful two bedroom apartment has a fabulous open plan floor plan providing spacious accommodation. The kitchen has a contemporary range of matt units in grey and is complimented with Zanussi appliances including integrated gas hob, multi function oven, chimney extractor hood, freestanding fridge-freezer. A washing machine is also supplied and situated in the hallway cupboard. There is space for a dishwasher with plumbing and power connections in place. Tile effect vinyl flooring is fitted to the kitchen area.
The bathroom is fitted with a white bathroom suite with chrome bath mounted mixer tap and wall mounted mixer tap including shower attachment, slider and rail.
There is also the benefit of a en-suite to Bedroom 1.
From Bristol Street you have easy access on foot to the Chinese Quarter, Bullring and Grand Central. It is just a short taxi ride to Birmingham Airport, Tamworth, Coventry and Lichfield. From Birmingham New Street station you can be in Euston within 1hr 24 minutes, Manchester Picadilly 1 hour 26 minutes or Liverpool Lime Street within 1 hour 27 minutes.
If you wish to explore world class cuisine then Birmingham is home to 6 Michelin Star restaurants.
There is also over 200 shops at the Bullring shopping centre.
To reserve your dream home using the Shared Ownership scheme contact Dixons Birmingham today and find out how easy it is.
Two Beds, Apartment 5 ground, 10 first, 15 second and 20 third
Entrance Hallway (not measured)
Open Plan Living Room/Dining Room/Kitchen 19'04" x 11'04"
Bedroom One 16'02" x 8'00"
En Suite (Not Measured)
Bedroom Two 12'03" x 9'06"
Bathroom 6'09" x 6'03"
All images displayed are not indicative of the specification at this development and may not correspond exactly to the available properties described.