Summary - 54 WELLHEAD LANE BIRMINGHAM B42 2SY
2 bed 2 bath Apartment
Affordable shared-ownership apartment with fast rail links to central Birmingham.
13-minute train to Birmingham New Street from Perry Barr station opposite
One Stop shopping centre directly across the road for daily essentials
New-build apartment with modern fitted kitchen and integrated appliances (most)
Private balcony/terrace available to selected apartments
Communal landscaped gardens, children's play area and basketball court
Shared Ownership 10–75% (example 25% share £51,500; staircasing possible)
Service/estate charge £354.07 monthly; confirm total monthly costs and fees
Local area: very deprived with very high crime — important for buyers to note
A two-bedroom new-build apartment in Perry Barr Village offered through Shared Ownership, designed for buyers looking to step onto the property ladder with a low deposit. The development sits opposite Perry Barr station (13 minutes to Birmingham New Street) and the One Stop shopping centre, giving very convenient transport and local amenities. Apartments have modern fitted kitchens with many units including integrated fridge/freezer and dishwasher, plus a private balcony or terrace on selected plots and attractive communal gardens with play and sports areas.
This is a practical entry-level purchase: a 25% share example is priced at £51,500 with a minimum deposit around £2,575 and an anticipated household income requirement of about £31,040. Monthly figures quoted include rent based on a 25% share (£354.07) and a service/estate charge (£354.07); buyers should confirm exact charges, total monthly outgoings and lease length before committing.
Be aware of material local conditions: the area is recorded as very deprived with a very high crime level. Leasehold tenure applies and lease details are still being compiled; additional fees (lease packs, etc.) may apply. The scheme is aimed at first-time buyers and those who want to increase their share ('staircase') over time, but qualification for a mortgage and affordability checks will still apply.
Overall, this apartment suits a purchaser prioritising affordability, quick commuter links and modern new-build finishes, who is comfortable buying into a leasehold, shared-ownership scheme in a challenging local neighbourhood and who will check service charges and lease terms carefully.
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