by Midland Heart Housing Association
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2 & 3 bedroom houses
£123,750 - £147,375 for a 45% share
(£275,000 - £327,500 Full Market Value)
Lichfield, Staffordshire, WS14 9GD
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AVAILABLE NOW - Brand New 2 & 3 Bedroom Houses available to buy on Shared Ownership.
Located on a new Persimmon development called St John's Grange on the outskirts of the historic city of Lichfield. The city offers excellent facilities and a real sense of history, with independent shops, cafés, and restaurants close to the stunning cathedral.
• 2 Bedroom Houses from £123,750 for a 45% share*
• 3 Bedroom Houses from £147,375 for a 45% share*
• Within walking distance of Lichfield town centre
• Available on new Shared Ownership scheme with a 990 year lease
• 45% to 75% initial share* available with option to own 100% in the future
Our energy efficient new homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking.
St John’s Grange is located on the outskirts of the historic city of Lichfield with its famous cathedral and city centre streets lined with tempting shops. Everything you need for day-to-day living is close-by including a Tesco supermarket and a range of high street brands. There's also a great choice of popular cafés, restaurants and local bars in the area.
A 4-minute drive will get you right into the city centre though at just over a mile, it's within walking distance too. Lichfield City Station is only 1 mile and offers transport links to and from neighbouring cities and towns. The location also offers good access to the A5, A38 and M6 Toll road and nearly Cannock Chase is just half an hour away by car.
Price
2 Bedroom from £275,000 (100%)
45% share = £123,750 Rent = £346.61
3 Bedroom from £327,500 (100%)
45% share = £147,375 Rent = £412.79
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: 2 bed £12.93; 3 bed £14.76
Estate Charge: £14.80
Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy.
*Our homes are advertised at 45% although alternative shares are available upon request & will be determined by the applicant’s affordability. There are opportunities to buy more shares to own 100% of the property in the future. Amount advertised is subject to change.
An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.
^Images/photographs shown are for illustrative purposes only.
>Floor plans depict a typical layout of this house type and are for illustrative purposes only. They are not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please speak with our Sales Adviser. Some properties may be a mirror image of the plan shown.
The following table shows examples of the share price range of this development at various share points
| Share | Lower price | Upper price |
|---|---|---|
| 45% share | £123,750 | £147,375 |
| 50% share | £137,500 | £163,750 |
| 55% share | £151,250 | £180,125 |
| 60% share | £165,000 | £196,500 |
| 65% share | £178,750 | £212,875 |
| 70% share | £192,500 | £229,250 |
| 75% share | £206,250 | £245,625 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
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