2 bedroom Apartment
Mansion House, Birmingham
£69,375
Alternatively you can call us on 024 76520220 or visit our Coventrybranch
JOIN US **SATURDAY 12 SEPTEMBER, 10AM** FOR OUR OPEN HOUSE EVENT! Offers and incentives available on the day. Get expert mortgage and financial advice for FREE. Speak to one of our Shared Ownership Specialists to discuss how Shared Ownership can benefit you!
New homes Birmingham
HOME OF THE MONTH – Plot 504 – second floor, 2 bedrooms with ensuite & family bathroom – RESERVE IN SEPTEMBER AND RECEIVE A £3,000 DEPOSIT BOOSTER!
T&Cs apply.
Key Features:
* Bright, Spacious Living Areas: Open-plan designs with large windows.
* Two Bedrooms: Thoughtfully designed for comfort.
* High Ceilings: Creating an airy, grand ambiance.
* Private Balcony: Your own outdoor retreat.
* Modern Features: State-of-the-art appliances and sleek interiors.
* Community Focus: Small groups of apartments with shared entrances to foster a sense community and connection.
Port Loop Community: Situated in a vibrant community, Mansion House offers easy access to local amenities, parks, shops, and cultural attractions. Nestled between Birmingham Canal Old Line and the Birmingham Canal, Port Loop is just a 15-minute walk from Birmingham city centre. Its island location was once the industrial heart of the city, so the tow paths that served it provide superb, direct routes to the city centre. You can go by foot or jump on a bike. This is more than just a home; it’s a lifestyle that values sustainability and neighbourly connections.
What is Shared Ownership? - Shared Ownership is a government-backed scheme that lets you buy a percentage share of your new home. The scheme enables buyers to purchase a share of the value of the home - this is usually between 10 to 75 percent and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property later (known as Staircasing).
With your deposit starting from just 5% of the share you buy (not the full property price) it’s possible to make your move sooner. Available to eligible buyers across England, Shared Ownership offers an often more affordable route onto the property ladder.
ELIGIBILITY:
To be eligible for a home at Mansion House, you'll need to:
• Have a combined household income under £80,000 per annum
• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
Example of Financial Breakdown for Shared Ownership:
• Full market value: £ 277,500
• 25% share value: £69,375
• 5% deposit: £3,468.75
• Rent charged on un-owned share: 2.75%
• Monthly Rent on un-owned share (75%) £476.95 per calendar month
• Monthly Estimated service charge including buildings insurance: £181
The 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.
Council Tax: TBC
Council tax bands are TBC and often not released until the property is complete. If you need any guidance, please get in touch with our sales team or the local authority.
Experience the best of canal side living at Mansion House. Contact us now to arrange a viewing and become part of this exceptional community.
* Please note 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.
Property Reference: HRT037643632
About Coventry
Coventry is situated in Warwickshire in the heart of the West Midlands. An enviable location with excellent transport links and access to London by train in an hour, while Birmingham Airport is only a short drive away, and strong road links to M6, M40 and M5 among others.
Coventry has a lot to offer with a rich blend of history and culture. The magnificent Coventry Cathedral stands as one of the city’s most recognisable landmarks. Other popular attractions include the Midland Air Museum, Warwick Arts Centre, Coombe Abbey Park.
In 2017 Coventry was awarded the UK City of Culture for 2021 recognising its growing arts scene, creative industries and vibrant programme of events and festivals.
Sports fans are well catered for too, with Coventry City Football Club and Coventry Rugby, alongside nearby venues such as Brandon Stadium which host speedway racing and ice hockey, contributing to a lively local sporting culture.
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Average price paid in Coventry

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