SO Resi Solihull is a new condominium development that forms part of the wider Oakhurst Village scheme located in the small town of Shirley, just outside Solihull on the southern outskirts of Birmingham. With excellent public transport around the city, not to mention all amenities within easy reach, it offers all the advantages of being close to Birmingham combined with the friendliness of a small town.
Shared Ownership at SO Resi Solihull offers eligible buyers the option to purchase part of a property and pay a monthly payment to cover the share they have not purchased – with the option to purchase more shares until they finally own 100% of the lease. With homes ranging from two-bedroom apartments to three-story, four-bedroom homes, the development appeals to all types of buyers.
Property experts predict that over the next five years the average house value in the city could rise by 4.9% each year – the fastest growth predicted for any UK city – topping the rise of 4 .7% expected in Manchester and London. This adds to strong growth that has already seen prices rise by 56% since 2013. For buyers desperately trying to save for a first deposit, this doesn’t sound like good news – but with a SO Resi , you need a down payment of just 5% of the share you buy, putting the buzz of Birmingham within reach of many more potential buyers.
Kush Rawal, Director of Residential Investment at SO Resi, comments: “The Birmingham area is becoming highly sought after, with the Commonwealth Games boosting its profile and bringing thousands of well-paying jobs to the area – SO Resi Solihull is ideally placed to help people start the journey to home ownership in a well-connected and convenient location, allowing them to make the most of all the opportunities available in this dynamic and growing region.
SO Resi Solihull is close to the bustling main street of Shirley, with a great selection of independent retailers, plus all the big name supermarkets close by. The city is particularly well served by restaurants, with traditional Argentinian, South Indian, Italian, Japanese, Turkish, Chinese, Thai, German and British dishes on the doorstep. Shirley Park offers a skate park, tennis courts, outdoor gym and playground, while parents will be delighted with the selection of local schools.
Shirley station is 2.5 miles from the new homes, providing services to Snow Hill and Moor Street stations in central Birmingham, approximately 10 miles away, as well as routes to Stratford-upon-Avon. Additionally, local buses serve central Solihull and Birmingham, making it easy to get around.
All homes are finished to a high standard, with tiled kitchens fitted with a range of integrated appliances. Each house has a private outdoor space – lawned gardens in the case of the houses, and balconies or terraces for the apartments, extending the living space into the open air. Layouts are versatile, with a focus on open plan living areas and good sized bedrooms, with en-suite to the master bedroom in all properties as well as a family bathroom with bath and shower. Plenty of natural light and handy storage spaces mean spaces feel spacious and uncluttered.
The first phase of three and four bedroom homes at SO Resi Solihull will be available from Saturday 9andApril. Prices start from £105,000 for a minimum 30% share in a three-bedroom house with two parking spaces [full market value: £350,000].