Hollington Road, Alvechurch, B48 7LQ

Summary

OFFERED AS SHARED OWNERSHIP OR 100% OWNERSHIP 

Shared Ownership Property available at an 80% share for £260,000 (full market value £325,000). Rent payable on remaining share. See eligibility requirements.
Potential opportunity to 'staircase' ownership up to 100% (subject to requirements of the lease).

Built in 2012 and significantly enhanced by the current owners, this superb home offers modern living in a sought-after village development. Enjoying a quiet position, it features a desirable south-westerly rear garden and a driveway for two vehicles. Conveniently located within close proximity to Alvechurch local amenities and the train station, this home combines style, practicality, and an excellent setting.

Shared Ownership Details

• Property cannot be sold above or below RICS market value.
• 86 years remaining on the lease.
• Total monthly rent £205pcm inclusive of ground rent and service charge payable to Citizen Housing who act as the landlord for the remaining 20%.
• Opportunity to staircase your ownership up to 100% - subject to eligibility requirements and the lease. Further information available via Citizen Housing. 
• Property cannot be sold as a 'buy to let' or obtained as a second home. 
• Must meet eligibility requirements (see below).

Description
This beautifully presented home offers immaculate accommodation, thoughtfully enhanced by the current owners. The welcoming entrance hallway features a spacious storage cupboard and a convenient understairs guest WC. The well-proportioned living room provides a bright and inviting space with direct access to the garden, while the modern kitchen boasts sleek fittings and dining space.

The first floor boasts two generous double bedrooms, each offering ample space and natural light. A stylish, contemporary family bathroom completes the layout.

This thoughtfully designed home benefits from a modern air filtration system, ensuring a fresh and healthy living environment. Ceiling vents are fitted in the living room, kitchen, bedroom one, and bathroom, providing continuous air circulation and improved indoor air quality. This efficient system helps to reduce allergens and maintain a comfortable atmosphere throughout the home.

Outside
Tucked away in a peaceful, south-westerly position, the rear garden is a true suntrap. A welcoming patio seating area near the house provides the ideal spot for outdoor dining, while a pathway leads alongside a neatly kept lawn towards a second patio area at the top of the garden, where a practical shed offers handy storage. Dense hedging on either side creates a private and secluded retreat, making this garden a tranquil escape from the everyday. Side access is available to the garden via a shared pathway between the neighbouring property. 

Parking includes a driveway to the front suitable for two vehicles. 

Shared Ownership Eligibility

The potential buyer must meet the below: 

• Applicants must be 18 years or older.
• Your annual household income must not exceed £80,000 per year.
• Cannot afford all of the deposit and mortgage payments for a home that meets your needs.

One of the following must also be true:

• First time buyer or non-homeowner: No investors.
• You used to own a home but cannot afford to buy a new one
• You're forming a new household - for example, after a relationship breakdown
• You're an existing shared owner, and you want to move
• You own a home and want to move but cannot afford a new home that meets your needs. 
• Payment history: You must show you are not in mortgage or rent arrears.
• Financial standing: You must be able to demonstrate that you have a good credit history, including no bad debts or county court judgements (CCJ) and can afford the regular payments and costs involved in buying a home during your Shared Ownership credit check via Censeo Finance. 
  
  

Location
The residence is a short distance from the centre of Alvechurch and is also conveniently located for Sandhills Nursery, Crown Meadow First School, Alvechurch C of E Middle School as well as shopping and eating facilities within the village itself. The M42 (Junction 2) is easily accessible and Alvechurch railway station lies approximately 0.7 miles away. Also nearby are the facilities offered by both Barnt Green village (1.7 miles), Redditch (4.2 miles), Bromsgrove (5.9 miles) and Birmingham (11.2 miles).

Room Dimensions
Living Room: 3.74m (max) x 4.89m (12'3" x 16'0")
Kitchen/Diner: 4.06m x 2.63m (max) (13'3" x 8'7")
WC: 1.56m x 0.96m (5'1" x 3'1")
 
Bedroom 1: 5.32m x 2.66m (17'5" x 8'8")
Bedroom 2: 2.56m (max) x 4.9m (8'4" x 16'0")
Bathroom: 2.96m (max) x 2.11m (9'8" x 6'11")
 

Please read the following: These particulars are for general guidance only and are based on information supplied and approved by the seller. Complete accuracy cannot be guaranteed and may be subject to errors and/or omissions. They do not constitute a contract or part of a contract in any way. We are not surveyors or conveyancing experts therefore we cannot and do not comment on the condition, issues relating to title or other legal issues that may affect this property. Interested parties should employ their own professionals to make enquiries before carrying out any transactional decisions. Photographs are provided for illustrative purposes only and the items shown in these are not necessarily included in the sale, unless specifically stated. The mention of any fixtures, fittings and/or appliances does not imply that they are in full efficient working order, and they have not been tested. All dimensions are approximate. We are not liable for any loss arising from the use of these details. 

Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £30 (including VAT) per property. This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini.