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Lucas Place in Tyseley

by Legal & General Affordable Homes

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Legal & General Affordable Homes

3 bedroom houses
From £130,000 for a 40% share
(From £325,000 Full Market Value)

Shaftmoor Lane, Birmingham, Tyseley, West Midlands, B28 8SW

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This is a Shared ownership development by Legal & General Affordable Homes

New Phase Of Two & Three Bed Houses Now Available! 

A vibrant collection of contemporary 2 and 3 bedroom houses in Acocks Green, Birmingham available through Shared Ownership.

Lucas Place is a new community of Shared Ownership homes with a range of excellent nearby amenities and transport options including a Lidl, local GP, dental practice, leisure facilities, restaurants, pubs and plenty of local shops to enjoy. Perfect for a growing family, there are a choice of well-regarded primary and secondary schools within a mile too. 

The brand-new houses combine charming features and everyday conveniences while offering plenty of natural light and neutral décor, waiting for you to design as you wish. Every home has its own private garden, allowing you your own outside space to enjoy throughout the year. 

You are perfectly located for the buzz of the city, as Birmingham Moor Street is just 9 minutes away by train. Major roads including the A34 and A41, plus Birmingham's excellent bus network mean that whether by bike, car or public transport, you are easily connected. 

Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.   

All two beds in the current phase are now all reserved. The next phase of homes at Lucas Place will be available to move in late Spring 2024.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

Financial Breakdown:

 

KEY FEATURES:

 

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

WHAT IS SHARED OWNERSHIP?

Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

ELIGIBILITY CRITERIA:

To be eligible for a home at Lucas Place, you'll need to:

 

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.

CGI images are a dressed representation taken in actual two & three bedroom houses at Lucas Place.

Example Shared ownership share price options

The following table shows examples of the share price range of this development at various share points

 
Share Lower priceUpper price
40% share£130,000£130,000
45% share£146,250£146,250
50% share£162,500£162,500
55% share£178,750£178,750
60% share£195,000£195,000
65% share£211,250£211,250
70% share£227,500£227,500
75% share£243,750£243,750
 

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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