New Home

New School House, Legge Lane, Birmingham, B1 3LD

Offers In Excess Of £345,000Leasehold

221

Key Information

Tenure:Leasehold
Service charge:£1,932 per year
Ground rent:£250 per year
Time remaining on lease:996 years
Council tax band:Not available

Key Features

2 BEDROOM 2 BATHROOM APARTMENT
998 YEARS REMAINING ON LEASE
BRAND NEW JEWELLERY QUARTER DEVLOPMENT
EASY ACCESS TO CITY CENTRE
HIGH SPECIFCIATION THROUGHOUT

Description

A modern, contemporary, high specification development of just 22 apartments across two blocks in Birmingham’s Jewellery Quarter. Designed with character and sat at the heart of one the country’s most exciting districts and the most desirable residential area in the city.


Whether you are looking for the perfect professional property in the city or a well considered and packaged property investment The New School House ticks all the boxes.

Developed by King Crescent Homes, The New School House is a modern, design led, high specification boutique development in Birmingham’s Jewellery Quarter. One of the country’s most exciting districts and the most desirable residential area in the city.

The scheme comprises of just 22 residential units to be built over two new build blocks joined by a common courtyard built on a private lane between Camden Drive and Legge Lane.

Designed for the professional, the project is also created for the 2020 lending market with sensible ground rents, service charges and a strong lease term, ensuring increased appeal for investors and owner occupiers alike.

Status: Completed Development

Ground Rent 0.1% Of Purchase Price Capped at £250.00 Per Year

Estimated rent achievable from - £900 PCM

Service Charge - Approx. £2.30 per sq ft

Secluded development located in the Jewellery Quarter

External communal garden with planting and seating area

High specification

SPECIFICATION Each home will benefit from -
- Interior Designed Kitchens
- Gloss white (or similar) handle less cabinets
- Granite worktops, upstands and splashback behind hob
- Stainless steel integral 1.5 bowl sink
- Integrated Bosch or similar appliances, including induction hob, fridge freezer, dishwasher and washer-dryer
- LED strip lighting under wall units

Bathrooms & En-suite
- Oak effect basin cabinet with white basin and mixer tap
- Polished concrete style or similar ceramic wall and floor tiles - floor to ceiling in wet areas
- Dual flush soft close WC with chrome flush
- Shower head with rose head and hand shower in chrome
- Heated designer towel rail

General
- Brushed stainless steel sockets and switches
- Varnished wooden apartment doors
- Stone windowsills

Security
- Secured gates at section entrances
- Digital access to main entry doors and gates
- Colour video access screens in apartment hallways
- Compliant smoke alarms
- Lockable letterboxes
- Secured bike storage

Heating
- Wall-mounted electric panel heaters

Flooring
- Engineered oak flooring in living, hallway and kitchen areas
- Carpet in bedrooms
- Ceramic and/or porcelain tiled bathrooms

Lighting
- Recessed LED spotlights
- Brushed steel light switches

Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,815 /mo.25 Years, 5% Interest
Loan
£310,500
Total Repay
£544,546

Stamp Duty

You’ll have to pay the stamp duty of:
£4,750
0% up to £250,000
5% between £250,000 and £925,000
Your effective stamp duty rate is 1.38%

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