1 bedroom flat for saleHonduras Wharf, Summer Lane, Birmingham City Centre, West Midlands, B19
Under Offer £152,500
- 1 bedroom
- 1 reception room
- 1 bathroom
- New Development
- Purpose Built
Full descriptionHelp to Buy available at this unique development of one, two and three-bedroom apartments including 5 penthouses. Honduras Wharf is an exclusive collection of innovative apartments designed to the highest standard. Some apartments benefit from outside space and parking.
Show Apartment now available to view by appointment only - please contact us now.
With a Help to Buy equity loan*, the Government lends you up to 20% of the cost of your new-build home, so you'll only need a 5% cash deposit and a 75% mortgage to make up the rest.
Typical example of a 1 bedroom apartment -
• Full asking price is £152,500
• Help to Buy price is £122,000 (80% of purchase price)
• Your 5% Deposit £7,625
• Plus your mortgage £114,375 (75% mortgage)
• 20% Government Equity Loan £30,500*
Available for first time buyers and existing home owners.
Call our Sales team today to register your interest.
Help to Buy is subject to the Homes and Communities Agency's (HCA) terms and conditions and is available on new build homes up to £600,000 to customers where the property represents their only residence.
*The equity loan is interest free for the first five years.
After five years, an annual fee of 1.75% of the outstanding equity loan is charged. This is increased annually by RPI plus 1%. The equity loan must be repaid after 25 years, or earlier if you sell your home.
Offering ninety nine architecturally designed apartments and penthouses, the development delivers the comforts and amenities suited to inner-city living.
Honduras Wharf perfectly integrates urban architecture with contextually sensitive materials and a contemporary, sophisticated style.
50% of Phase One Now Sold
Images are CGI's of typical Honduras Wharf interiors.
The development is located in the Gun Quarter and is within short walking distance of Snow Hill Station, the Central Business District and the main shopping area with bars and restaurants.
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