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Shared ownership
1/23
£105,000
Shared Ownership

2 bed flat for sale Tower Road, Birmingham

2 beds 2 baths Apartment
75% share · about £140,000 full value Sharedownership

Added today

About this property

**** Shared Ownership Opportunity – 75% Share Available OR Option To Purchase 100% at Full Market Value **** A fantastic opportunity to purchase a Chain Free, well-presented and modern two-bedroom apartment offering spacious and comfortable accommodation, ideally suited to first-time buyers, professionals, or investors. The property comprises a bright and spacious lounge with access to a private balcony, providing an ideal space to relax or entertain. There is a separate fitted kitchen with ample storage and workspace, two well-proportioned bedrooms, with the principal bedroom benefiting from an en-suite shower room, together with a modern family bathroom.

Key features

  • Shared Ownership: 75% currently owned
  • Option to purchase 100% at full market value.
  • Chain Free
  • Beautifully Presented Throughout
  • Spacious Lounge with Private Balcony
  • Separate Fitted Kitchen
  • Two Good Sized Bedrooms
  • En-suite Shower Room & Family Bathroom
  • Allocated Parking
  • Ample Storage including Fitted Wardrobes

Floorplan

Location

Tower Road, Birmingham, B23 6GJ

Council tax
Band D (Approx £2,363/year)

Mortgage and stamp duty

Property price £105,000
£52k £158k
Deposit10% £11,000
£0 £105k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £94,000 mortgage. Most lenders would want a household income of about £21,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in B23 6GJ. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
111, Tower Road Flat / maisonetteJul 2026657 sq ft £206/sq ft£135,000
127, Tower Road Flat / maisonetteMar 2026667 sq ft £210/sq ft£140,000
102, Tower Road Flat / maisonetteDec 2025710 sq ft £170/sq ft£121,000
87, Tower Road Flat / maisonetteApr 2024646 sq ft £195/sq ft£126,000
123, Tower Road Flat / maisonetteFeb 2024667 sq ft £207/sq ft£138,000
106, Tower Road Flat / maisonetteOct 2023678 sq ft £197/sq ft£133,500
153, Tower Road Flat / maisonetteDec 2022657 sq ft £213/sq ft£140,000
93, Tower Road Flat / maisonetteDec 2022592 sq ft £203/sq ft£120,000

All sales on Tower Road → All sold prices in Birmingham →

Area insights

The neighbourhood around this property.

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