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Fountain Lane

Oldbury

2 Bedrooms

1 Bathroom

Semi-detached house

Price: £80,500
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Price: £80,500
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Property Details

Key features

  • Shared Ownership
  • Two & Three bedroom homes & townhouses
  • Shares 35-75%
  • Two car parking spaces to each home
  • 12 year NHBC warranty
  • Solar panels to selected homes
  • Call our Shared Ownership team today to discuss

Council Tax Band: Contact branch

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 0 years
  • Annual service charge: Contact branch
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

A fantastic selection of two and three bedroom homes available to purchase via Shared Ownership with Legal & General Affordable Homes. With shares starting from just 35% and prices from £77,000. All plots on Phase 1 are now SOLD OUT. Call today to register interest into Phase 2 homes.

In the heart of the West Midlands, The Junction brings an exciting new community to the market town of Oldbury, well known for its rich history, character and charm.

This new collection of 2 & 3 bedroom houses and 3 bedroom townhouses are available with Shared Ownership.

With this scheme, you can purchase your new home with a lower deposit than is required to buy outright or with other buying schemes.

The Junction Shared Ownership:
Available with Shared Ownership, these two and three bedroom homes offer contemporary living with modern interiors finished to high specifications throughout. Offering a range of designs, the homes are generously sized, suited to a range of lifestyles and can adapt over time as your circumstances change.

All homes offer French doors that lead out to a turfed garden, making it the ideal space to relax or socialise with friends and family. The homes have been built with sustainability in mind - without compromising on comfort or style. Energy saving features have been added to ensure the home is energy efficient which not only contributes to a greener future but will also help save you money on utility bills.

The market town of Oldbury boasts an array of local shops and amenities and lies in the catchment of both primary and secondary schools, parks and play areas. Situated just six miles from Birmingham, the town is well connected, offering great transport links by road and rail, served by the M5 for ease of commuting.

Ground Floor


Kitchen / Dining Area
15' 6" x 7' 6" ( 4.72m x 2.29m )
KITCHEN
• Contemporary matt white kitchen with soft close, brushed nickel handles and cutlery tray
• Grey laminate worktop and upstand
• Stainless steel splashback
• Stainless steel sink with Vado chrome lever mixer tap
• Zanussi electric single oven, ceramic hob and integrated chimney hood
• Space for fridge/freezer
• Space and plumbing for washing machine
• Removable base unit for future installation of dishwasher

N.B Plumbing for dishwasher within dishwasher space or in labelled removable base unit subject to kitchen layout, please clarify with a Sales Consultant.

Living Room
10' 5" x 14' 9" ( 3.17m x 4.50m )


First Floor


Bedroom One
10' 5" x 14' 9" ( 3.17m x 4.50m )


Bedroom Two
8' 4" x 14' 9" ( 2.54m x 4.50m )


It's All In The Detail:
GENERAL
• Walls and ceilings painted white
• Architraves and skirtings painted in white satinwood
• White painted four panel internal doors with chrome ironmongery
• NHBC 12-year build warranty
• Doorbell
• White UPVc double glazed windows

BATHROOM & ENSUITE
• Contemporary white Ideal Standard bathroom suite comprising bath, pedestal basin, WC with soft close seat
• Ideal Standard chrome mixer tap with click clack plug
• Glass shower screen to bath
• White shower tray to ensuite with glass shower enclosure (where applicable)
• Mira thermostatic bath/shower mixer over bath
• Mira electric shower to ensuite shower (where applicable)
• Large format Johnsons wall tiling to bath and shower enclosure with tiling to basin area
• Chrome heated towel rail to bathroom
• Towel rail to en suite (where applicable)
• Mirror to bathroom

FLOORING
• Twist carpet in light grey to hall, stairs, landing, living/dining room, study and bedrooms
• Wood effect vinyl flooring to kitchen/dining area, bathroom, en suite and cloakroom

HEATING & ELECTRICAL
• Heating via gas boiler with white contemporary radiators
• LED track light to kitchen
• Light fitting to cloakroom, bathroom and en suite
• Pendant lighting to all other areas
• White sockets and Switches throughout
• Telephone point to living room
• TV point to living room
• Broadband connection
• Smoke, heat and carbon monoxide detectors
• Extractor fan to bathroom, ensuite and cloakroom
• Light to front and rear elevation
• PV Panels to roof on selected plots

CLOAKROOM
• Contemporary white Ideal Standard close coupled WC with soft close seat and pedestal basin
• Ideal Standard chrome mixer tap with click clack plug
• Large format wall tiling to splashback of basin area

EXTERNAL
• Two parking bays per home
• Patio area
• Garden storage
• Turf to rear garden
• 1.8m wooden fencing
• Garden tap

How Does Shared Ownership Work
At The Junction, you can buy an initial share of between 35% and 75% of the home's full market value. Your mortgage repayments are based on the share of the home you own, and you'll pay a subsidised rent on the remaining share that you don't own.

Over time, should your financial circumstances change, you may choose to purchase further shares, taking your ownership to 100%.

Disclaimer:
Specification correct at time of print, but is subject to change without notice. Unless specifically incorporated in writing into the sales contract the specification is not intended to form part of any contract or warranty.

Legal & General Affordable Homes terms and conditions apply. All content within this document is indicative only. Legal & General Affordable Homes reserves the right to make any changes at any time. Please speak to a member of our Sales Team for up-to-date information when reserving your new home. Information is correct at the time of going to print.

Shared Ownership - Terms and conditions apply. This scheme is subject to status and fitting criteria. Minimum and maximum share values will apply and rent is payable on the unsold share. Please speak to a Sales Consultant for more details.

A fantastic selection of two and three bedroom homes available to purchase via Shared Ownership with Legal & General Affordable Homes. With shares starting from just 35% and prices from £77,000. All plots on Phase 1 are now SOLD OUT. Call today to register interest into Phase 2 homes.

In the heart of the West Midlands, The Junction brings an exciting new community to the market town of Oldbury, well known for its rich history, character and charm.

This new collection of 2 & 3 bedroom houses and 3 bedroom townhouses are available with Shared Ownership.

With this scheme, you can purchase your new home with a lower deposit than is required to buy outright or with other buying schemes.

The Junction Shared Ownership:
Available with Shared Ownership, these two and three bedroom homes offer contemporary living with modern interiors finished to high specifications throughout. Offering a range of designs, the homes are generously sized, suited to a range of lifestyles and can adapt over time as your circumstances change.

All homes offer French doors that lead out to a turfed garden, making it the ideal space to relax or socialise with friends and family. The homes have been built with sustainability in mind - without compromising on comfort or style. Energy saving features have been added to ensure the home is energy efficient which not only contributes to a greener future but will also help save you money on utility bills.

The...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(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.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.