Lucas Place by Legal & General Affordable Homes in Tyseley

New Phase Of Two 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.   

Some homes at Lucas Place are available to move in now, with the newer phase of 2 beds available from Summer 2024.

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

Financial Breakdown:

• Full Market Value: £250,000 - £330,000
• 40% Share Value: £100,000 - £132,000
• 5% deposit of 40%: £5,000 - £6,600 
• Rent on unowned share: £344 - £454 per month
• Service Charge: £65.41 - £79.04 per month
• Council Tax: TBC*

KEY FEATURES:

• Conveniently located close to the city centre
• Only 9 mins train into Birmingham Moor Street
• Zanussi oven, gas hob and stainless steel cooker hood
• Turf to rear garden
• Paved patio area
• Parking bay to all homes. Please check site plan for number of bays per plot 
• NHBC 10-year build warranty

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:

• 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
• Have a minimum of £5,000 to cover the costs of buying a home
• Must have a living, working or family connection in the local area

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.