Chapmans Yard, Birmingham

SUMMARY
**FIRST HOMES SCHEME WITH A 30% DISCOUNT** Chapmans Yard offers a rare opportunity to purchase a one bedroom apartment via the First Homes or Low Cost scheme with a 30% discount on the homes full market value.These high quality apartments are ready to move into this summer, and available to view now


DESCRIPTION
Welcome to Chapmans Yard, a modern residential haven rooted in the industrial charm of Birmingham’s past and designed for the lifestyle of tomorrow. Nestled in the heart of the city’s vibrant B1 postcode, just moments from The Mailbox, The Cube, and Grand Central Station, this exclusive development brings together bold architecture, thoughtful design, and dynamic urban living.

Set within one of Birmingham’s most exciting regeneration zones, Chapmans Yard is more than just a place to live — it’s a symbol of the city’s continued evolution. With 111 brand-new apartments crafted for comfort and style, this development balances striking design with the warmth of community living. Its two landscaped inner courtyards, residents’ roof garden, and premium communal spaces redefine what it means to live in the city.

From contemporary 1 and 2-bedroom apartments to spacious duplexes, Chapmans Yard offers a variety of layouts to suit professionals, couples, and families alike. Each home is finished to an enhanced specification — combining elegance, functionality, and energy efficiency (EPC ‘B’ rated, top 10% in the UK). Many units feature Juliette balconies, while floor-to-ceiling windows invite natural light and create an effortless connection between indoor and outdoor living.

First Homes & Low Cost: 
Chapmans Yard offers a unique opportunity to secure either a First Homes OR Low cost apartment offering a 30% discount from the homes full market value.

One bedroom apartments available:

Plot 6 / Plot 33 / Plot 53 / Plot 71
SQFT ranging from 423 - 801

These homes are built and ready to view and move into this summer

Price Example: 
Full market value - £257,250
30% discount price - £180,075
No rent payable on the 30% not owned
No ground rent payable
Service charge - £1,119.37

*Please note that some of our homes are offered under the First Homes scheme, and some under the Low cost scheme whereby salary caps do differ. Please consult with our sales team who will be able to provide further information.*

How Does First Homes Work?  
The First Homes scheme is a policy that provides discounted homes to eligible buyers in England who otherwise wouldn't be able to afford one.

Under this scheme, first-time buyers can buy a new-build home at Chapmans Yard at a discount of 30% on the homes full market value.
These properties must be purchased by first-time buyers. If buying as a couple, neither partner can have previously owned a home. Otherwise, the properties are bought and sold as normal.
If and when the first-time buyer decides to sell the property, the home will be independently valued, and the scheme discount will be re-applied to this new value for the next owner.

The following criteria apply to all purchasers involved in buying the home:

-You must be a first-time buyer.
-You'll also need to buy within your local area, with the intention of living in the property (it cannot be a holiday home or buy-to-let).
-Your combined income must not exceed £80,000.
-Connells Estate Agents will need to financially qualify prospective purchasers.

The scheme requires first time buyers to purchase their property that covers at least half of the purchase value. With the discount in place, the mortgage requirement will be lower.

How Does Low Cost Work?  
The Low cost scheme allows buyers to purchase at a discount of 30% on the homes full market value.

The following criteria apply to all purchasers involved in buying the home:

-The property can only be sold to a single person with an annual salary of no more than £40,000 gross or £45,000 gross for two persons on a joint application.
-The purchaser must be over the age of 18 and living and working in the UK
-The purchaser must own and live at the property as their only home.
-Connells Estate Agents will need to financially qualify prospective purchasers.

How To Apply 
Contact Connells New Homes: Let us know you're interested in buying at Chapmans Yard. You will be expected to complete an affordability assesment with our friendly mortgage advisors who will assess your affordability to purchase.

Our advisors will take you through the necessary steps to submit your application to Birmingham City Council. This will include proving that you are eligible for either scheme.

Get the authority to proceed: If your application is successful, Birmingham City Council will send you an Authority to Proceed and Eligibility Certificate. You'll need to give these to your solicitor and mortgage provider (or broker) so that they can start next steps.

Connells New Homes will then proceed to complete a reservation with you, whereby you will pay a £500 reservation fee to the developer. A memorandum of sale will be sent to all parties and your mortgage application submitted and solicitors instructed.


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.