1 bed flat for sale

Plot 07-A-02-07 – 1 Bed Apartment, Perry Barr Village, Birmingham B42

New Shared Ownership apartment | Birmingham just 13 minutes away | Private balcony | Sustainable new community

Highlight Housing, The Affordable Homes Agency, working with Legal & General's Affordable Housing Division (L&G), is pleased to present this Shared Ownership 1 bedroom apartment at Perry Barr Village, Birmingham. The price shown represents purchasing a 40% share.

Property Overview:

This is a fantastic opportunity to secure a new home in a well connected, sustainable neighbourhood through Shared Ownership. Perry Barr Village offers a collection of 1 and 2 bedroom apartments across three blocks, set around attractive communal spaces and designed to support modern living.

Plot 07-a-02-07 is a 52.13 square metre, one bedroom, second floor apartment with a modern open plan living space, finished to a good-quality standard throughout. The apartment includes integrated kitchen appliances and benefits from a private balcony, providing additional outdoor space.

The development has been designed with accessibility and public transport in mind. While there is no on-site parking, everything you need is close by, including the One Stop shopping centre directly opposite, along with a range of local shops, amenities and restaurants. Perry Barr railway station and several bus routes are within easy walking distance, making commuting straightforward.

Financial Information

• Full market value: £151,000
• 40% share value: £60,400
• 5% deposit of 40% share value: £3,020
• Rent on remaining share: £208 per month
• Service charge: £186.67 per month

Local Area

Living at Perry Barr Village places a wide range of amenities on your doorstep. The One Stop shopping centre is just across the road, offering shops, restaurants and everyday services, with additional schools, parks and open spaces nearby.

Perry Barr railway station is a short walk away, with trains reaching Birmingham New Street in approximately 13 minutes. Road access is also convenient via the A34 and M6, while multiple nearby bus routes provide regular services into Birmingham city centre.

The area also offers excellent access to green space, with Aston Park and Gardens, Perry Hall Park and the Sandwell Valley Rspb Reserve all close by. Birmingham city centre provides further leisure options, including the Bullring shopping centre, canal quarter bars and restaurants, and attractions such as the Science Museum, Sea Life Centre, Legoland Discovery Centre, Botanical Gardens and Cadbury World.

What is Shared Ownership?

Shared Ownership is a more affordable way to achieve the security and stability of owning your own home. It is a government backed part buy, part rent scheme designed to help people take their first step onto the property ladder.

You purchase a share of the home's full market value and pay a subsidised rent on the remaining share. Over time, you may have the option to buy additional shares in your home, a process known as staircasing.

Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis, with a focus on creating well designed communities and delivering a positive customer experience.

Eligibility Criteria

To be eligible for a home at Perry Barr Village, you'll need to:

• Have a combined household income under £80,000 per annum
• Not own a property, or part of a property, at the time of completing your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Have a minimum of £5,000 to cover the costs of buying a home
• Customers with a live or work connection to Birmingham will be prioritised

If you do not meet the eligibility criteria for this development, you may still qualify for Shared Ownership at another location. Please visit our website for further information.

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience in affordable housing, including shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Council Tax & CGI Disclaimer

Council tax bands are to be confirmed and are often not released until the property is complete.

Interior dressed CGI images are representative of 1 and 2 bedroom apartments within the Aldridge Collection at Perry Barr Village. Layouts and finishes may vary.