• For Sale
  • Asking Price 184,950 GBP 
  • Build Size: 505 ft2
  • Land Size: 505 ft2
  • Property Type: Apartment
  • Bedroom: 1
  • Bathroom: 1
*Buy with only a 5% deposit with HELP TO BUY*
A stunning collection of 28 luxury one and two bedroom apartments in the heart of Lichfield city centre.*HELP TO BUY AVAILABLE*RESERVATIONS NOW BEEN TAKEN!These beautiful apartments set over four storey's are located in the town centre close to local amenities, bars and restaurants, with beautiful scenery including the historic Lichfield cathedral. The scheme will consist of 11 one bedroom and 17 two bedroom apartments, plus a commercial unit to the ground floor.Parking will be available to purchase on the two bedroom apartments.With Help to Buy, the Government provides up to a 20% equity loan* of the cost of your new-build home, so you'll only need a 5% cash deposit and a 75% mortgage to make up the rest.Typical example of a 1 bedroom apartment - •
Full asking price is £149,950 •
Help to Buy price is £119,960 (80% of the purchase price)•
Your 5% Deposit £7,497.50•
Plus your mortgage £112,462.50 (75% mortgage)•
20% Government Equity Loan £29,990*For the first 5 years:•
the equity loan is interest free, and•
you pay a £1 monthly management fee by Direct DebitFrom year 6:•
you pay the £1 monthly management fee, and•
you pay monthly interest of 1.75% of the equity loanYou will continue to pay interest until you pay off your loan in full.The interest rate will rise in April each year based on the rate of inflation at the time (according to the Consumer Price Index), plus 2%. If the rate of inflation is 0% or less, the interest rate will rise by 2%.*Terms and conditions apply.Available early 2022
Close to local train stations with direct lines to Birmingham and London. Lichfield is a vibrant and historic city and district located in the heart of Staffordshire, just north of Birmingham. Perfect for a short break or holiday, Lichfield's streets are lined with museums, independent shops, mouth-watering restaurants and luxury accommodation.
Imogen Tudor
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*Buy with only a 5% deposit with HELP TO BUY*, Staffordshire, England, United Kingdom is a 505ft2 Staffordshire luxury Apartment listed for sale Asking Price 184,950 GBP. This high end Staffordshire Apartment is comprised of 1 bedrooms and 1 baths. Find more luxury properties in Staffordshire or search for luxury properties for sale in Staffordshire.