£87,500
(£100/sq. ft)
2 bed flat for sale8 Rea Place, Birmingham B12
2 beds
1 bath
1 reception
872 sq. ft
EPC Rating: C
About this property
50% Shared Ownership Property
Second Floor Apartment
Open Plan Kitchen, Living & Dining
Two Bedrooms
Well-appointed Bathroom
Allocated Parking Space
Secure Communal Entrance
Opportunity to Staircase Ownership
Situated in the heart of Digbeth
20 minute walk to Birmingham City Centre
The property is within a short distance of Birmingham City Centre and its amenities, with easy access to motorway links and public transport routes. It comprises of an entrance hallway leading to the two bedrooms, bathroom and the open plan kitchen, living, dining room. This property also benefits from an allocated parking space.
Property Details
Available for £87,500 for a 50% share based on the marketing figure of £175,000.
Monthly Rent - £280.04
Monthly Service Charge - £124.62
Total monthly charge of £404.66 is payable to Citizen Housing who will act as the landlord for the remaining 50%.
Please contact Citizen Housing for more details and to arrange a viewing. Any interested buyers will need to be eligible for the Help to Buy Shared Ownership scheme.
Mortgage calculator
£437 per month
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More information
Tenure
Leasehold (105 years)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%
Shared ownership rent
£405 per month
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