3-4 bed from £87,500 (25% minimum share)

Port Loop, Birmingham

3-4 bedrooms

From £87,500 (25% minimum share)

Elegant homes located just a 30 minute walk away from Birmingham city centre.

Ideal for singles, couples or young families in this exciting new community of homes and leisure facilities.

These fantastic new homes are offered for sale through shared ownership meaning you could move in for a lot less than you think.

Key features
  • Green Space on your doorstep
  • Open plan modern living
  • Close to city centre
  • High specification well designed homes
  • Parking

Get in touch

Port Loop
Rotton Park Street,
Birmingham
B16 0AE

Get directions

Telephone: 0121 752 1111

Mobile: 0797 088 7238

Email: live@port-loop.com


Our homes at Port Loop

Port Loop is an exciting new development surrounded by canals and is Birmingham’s exciting new island community.

Modern and elegant Town Houses are available, with open plan living spaces, parking available and plenty of green space to enjoy.

Our unique homes at Port Loop are offered to you under shared ownership. This means you can be living in one of these new homes by only purchasing a share between 25% and 75% and paying rent on the rest. It’s a simple and cost effective way of owning your own home.

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Gallery

Places for People and any joint agents give notice that the photographs, computer generated images and plans are for guidance only and are not necessarily comprehensive. They may have been changed during construction and final finishes could vary.


Current availability

Plot  Availability 
4 Sold
5 Reserved
6 Sold
8 Reserved
9 Sold

 

Location

Port Loop is a fantastic new neighbourhood with potential for up to 1,150 homes, retail and leisure facilities.

Situated just a 15 minute walk from Birmingham City Centre, the development is ideally placed to offer access to both local amenities and the city centre where a vast range of shops, leisure and eateries are available. Other interesting locations like the Edgbaston reservoir, Jewellery Quarter, Brindleyplace and Westside even closer.

Such is the uniqueness of Port Loop, you could even kayak across the canal to make your way to the city centre!

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Shared ownership FAQs

Shared ownership is a great way to get onto the housing ladder if you can't afford the full purchase price of your home straight away.

With shared ownership you purchase an initial share of your home, between 25% and 75% of the property’s value and then pay a rent on the remaining share. It’s a simple and cost effective way of owning your own home.

Even better, because you are buying a share of the property the deposit you need to have saved is smaller too.

If you wish to in the future you can decide to buy further shares in your home in stages or all at once, this is called staircasing.

You can apply to buy with shared ownership if:

  • You are a first time buyer
  • You are an existing shared owner moving to another shared ownership home
  • You have previously owned a home but needs help buying a new one
  • You have a combined household income less than £80,000
  • You are able to afford the mortgage, rent and service charges

This will vary depending on your circumstances. An Independent Financial Advisor will carry out a financial assessment and affordability calculator to determine the exact share you can afford to buy. They will also carry out a basic affordability check with the most appropriate lender, to ensure you are able to secure a mortgage to assist with your purchase.

Absolutely. You can choose to increase the amount you own gradually, until you own 100%. The cost of the additional shares will depend on the current market value of your home at the time you wish to buy more. By doing this you reduce the rent you are paying as you buy more of the home.

You will have a shared ownership lease which tells you your rights and responsibilities which include being responsible for the maintenance and repairs on your home as well as paying your rent, service charges and your mortgage payments.

Contact our Sales Team at your nearest development who’ll talk you though the scheme, answer any questions you may have and even help you to purchase a beautiful new home.

Find your nearest development.

Speak to us

Want to know more about our fantastic properties for sale at Port Loop, Birmingham? Leave your details below and we'll call you back.

Are you first-time buyer? How many bedrooms? What price range?

In addition to providing you with information that is relevant to your enquiry, we would occasionally like to send you marketing information on other available properties which may be of interest to you. In return for your permission, your contact details will be treated with the utmost care, and will never be passed on to any other companies for marketing purposes

Find out more

Port Loop
Rotton Park Street,
Birmingham
B16 0AE

Get directions

Telephone: 0121 752 1111

Mobile: 0797 088 7238

Email: live@port-loop.com

Coronavirus: our sales offices and show homes are open.

We look forward to welcoming you back to our sales offices and show homes. Please note viewings are by appointment only.

More information can be found here.

Last updated 29/06/2020