• Available now
  • Retirement Living PLUS

Apartment 57, Wheatley Place

Quick view

  • Bedrooms 1
  • Floor 2
  • Size 56.76m2

This spectacular 1 bedroom apartment in Shirley, West Midlands is part of the Wheatley Place development from the award-winning McCarthy Stone. A private retirement apartment, Apartment 57 is located on the second floor, is low-maintenance and contains extra safety features. See the exclusive benefits and highlights this property has to offer in the development information.

Key property information

Opening hours: Tuesday to Saturday, 10:30am to 5:00pm

0800 201 4811
Working with Homes England

Shared Ownership

  • (50% example share/50% rent) £122,000/£280 pcm
  • (75% example share/no rent) £183,000

Our service charge explained

Floor plan
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Second Floor Apartment 57 Total size: 56.76m2

Floor plan
Site plan
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Second Floor Apartment 57

Energy Performance Certificate

Energy Performance Rating

The graph shows the current energy efficiency of your home. The higher the rating the lower your fuel bills are likely to be. Dwellings in England and in Wales have a median energy efficiency rating in band D, with scores of 68 and 66, respectively. The EPC rating shown here is based on standard assumptions about occupancy and energy use and may not reflect how energy is consumed by individual occupants.

Energy Performance Rating

Key features for Apartment 57

  • North East facing

Apartment specifications

a living room with a couch and a table

Living spaces

  • Hearing loops and a Sky Q connection point in the living room for a more enjoyable TV experience
  • Light and spacious living room
  • Plug sockets that are just a bit higher to reduce kneeling and bending
  • Fully fitted kitchens with appliances including waist-height ovens so there’s less bending with heavy dishes
  • A handyperson service to help you to put pictures and shelves up etc., so it’ll feel like home in no time

This property is part of Wheatley Place

Connaught Close, Stratford Road, Shirley, West Midlands, B90 4GZ
a brick courtyard with a few buildings

What we can offer

  • 1-2 bedroom properties
  • Available Now
  • Retirement Living PLUS
View development

This is a Shared Ownership home

With Shared Ownership you can have the lifestyle you’ve dreamed of without paying the full price. If you buy a 50% share, you pay rent on the remaining 50% of your property. If you buy a 75% share you can enjoy the property rent free. Who wouldn’t want 25% off?

Ask our friendly Sales Consultant about eligibility.

This is a leasehold property with a term of 990 years

Council Tax Band: C

Example sharePurchase priceRent price
50%£122,000£280 pcm
75%£183,000No rent

You can buy part of your home and pay rent on the rest, so you can move in and enjoy the benefits of the McCarthy Stone lifestyle without committing to outright purchase. The Shared Ownership scheme is run in conjunction with Homes England, our government approved partner.

  • Electricity, heating and lighting (communal areas)
  • Water and sewage (communal areas and apartments)
  • Professional fees
  • Maintenance of building and gardens
  • Emergency call system
  • Building insurance
  • Income from Guest Suite and sundry income
  • Development staff
  • Future maintenance fund
  • Restaurant
  • Domestic assistance

What's not included?

  • Electricity, heating and lighting (apartments)
  • Home and contents insurance
  • Council tax
  • Phone / Broadband
  • TV licence / TV service

1 Bedroom Apartment
Service Charge * £158.26

* Reviewed annually

  • You can enjoy the McCarthy Stone lifestyle without paying the full purchase price.
  • Buying a percentage share of the property allows you to manage your finances to cater for possible future needs.
  • If you buy 75% of the value of the property, there is no rent to pay on the outstanding share.
  • If you buy 50% of the value of the property, you will pay rent on the outstanding share.
  • You could claim up to £500 a year to help with essential repairs in the first 10 years.

With this scheme, you can purchase up to 75% of the value of your property - and if you own 75%, you won't pay any rent on the outstanding 25% share. If you purchase a lower share of the property, you will pay rent on the outstanding share. It provides a more affordable way to buy one of our retirement properties.

Shared Ownership is when you buy part of your property and rent the rest. It enables customers to enjoy a McCarthy Stone property without committing to purchase 100% of the property value. Homes England is the government approved provider of Shared Ownership schemes which enables us to deliver the ownership option. They regulate rental charges and fees applicable to the homes within this scheme.

 

No, Shared Ownership is available at selected developments and exclusions do apply. Speak to a Sales Consultant to find out more.

 

McCarthy & Stone (Shared Ownership) Limited will become your landlord on the share you don’t buy.

 

Before entering into the Shared Ownership agreement, we recommend that you obtain independent financial advice so you know what your new home will cost and that you can afford it.

 

If you take up our Shared Ownership offer, we require you to have a financial assessment with an Independent Advisor to make sure you can afford the ongoing costs both today and if your circumstances change. We will put you in contact with an advisor who has experience of Shared Ownership schemes and can assess your eligibility.

 

You should plan for some one-off costs associated with your purchase, including, but not limited to the following:

• Reservation deposit (which is deducted from your final purchase)

• Solicitors Fees and disbursements

• Stamp Duty Land Tax (SDLT) in England.

Your solicitor will be able to tell you if the tax applies and how much it will be

• Estate Agent fees if selling a current property

 
 

Car Parking spaces are available at some developments. Please ask the Sales Consultant for more details.

 

This covers items in the home that supply water and electricity such as basins, baths, toilets and also cables, but not fixtures, or appliances such as ovens or washing machines. Pipes and drainage items for heating and hot water are also included.

 

How much is the service charge?

  • £158.26 per week reviewed annually

We don't make a penny from our service charges

Your service charge covers the services and amenities you enjoy at this development for a safe, comfortable, sociable and happy retirement. It includes things like wages for your on-site team, security systems and keeping communal spaces and gardens spick and span—and it’s all provided at cost price.

augustus house retirement properties for sale rent

What is included in the service charge

  • Electricity, heating and lighting (communal areas)
  • Water and sewage (communal areas and apartments)
  • Professional fees
  • Maintenance of building and gardens
  • Emergency call system
  • Building insurance
  • Income from Guest Suite and sundry income
  • Development staff
  • Future maintenance fund
  • Restaurant
  • Domestic assistance
a few people talking outside

Ask about our FREE entitlements advice

Our Entitlements Manager can help you to claim money you didn’t know you where entitled to, or perhaps have been refused before.

  • Attendance Allowance
  • Pension Credit
  • Carer’s Allowance
  • Housing Benefit
  • Council Tax Reduction

Find out more