Summary - 33A RHAYADER ROAD BIRMINGHAM B31 1TX
2 bed 1 bath Flat
Affordable 50% shared ownership flat with garden, parking and a new boiler — check lease and mortgage eligibility..
50% shared ownership — affordable entry but rent payable on remaining share
80 years remaining on lease — lenders may refuse mortgages
Private rear garden for outdoor space and entertaining
Off-street parking with private driveway
Brand-new Worcester Bosch boiler with five-year warranty
Monthly housing payment £330.56 (rent + service/insurance/management)
Above-average local crime; area classed as deprived
Fast broadband and excellent mobile signal
This two-bedroom first-floor flat on Rhayader Road offers an affordable route onto the property ladder via 50% shared ownership. The home benefits from a private garden, off-street parking and a brand-new Worcester Bosch boiler with warranty, making day-to-day running straightforward for first-time buyers or those downsizing.
Be aware this is a leasehold property with 80 years remaining. Many mortgage lenders set minimum lease-length requirements and may refuse to lend; buyers should check mortgage eligibility before proceeding. Monthly housing costs include rent on the unsold 50% and a combined service/management/insurance charge of £330.56 payable to the housing association from April 2025.
The area offers good local amenities, strong commuter links, fast broadband and excellent mobile signal. Local schools are rated Good, and council tax is very low, but the neighbourhood has above-average crime statistics and sits in a relatively deprived area — factors to weigh up when considering long-term suitability.
This property suits first-time buyers who need an affordable, low-maintenance home with outdoor space and parking. It also has modest scope for improvement if you want to personalise the interior. Confirm lease and lending details early, and factor service charges and rent into your monthly budget.
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