2 bedroom house for sale
Woodpecker Lane, , NR4 7LS
Share percentage 50%, full price £215,000, £5,375 Min Deposit.
Share percentage 50%, full price £215,000, £5,375 Min Deposit.
Monthly Cost: £797
Rent £246,
Service charge £15,
Mortgage £536*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Norwich, Norfolk
Description
This modern semi-detached house in Norwichis available for sale through the Shared Ownership Scheme. The property comprises a spacious living area hallway, kitchen and cloakroom on the ground floor. On the first floor there is a landing, two spacious bedrooms, one double and one single and bathroom. Externally the property offers a well-kept rear garden and private driveway with parking for 2 cars.
- Minimum income requirement - £33,552
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
Available for £107,500 for 50% share based on the marketing figure of £215,000.
SO Resi Monthly Payment - £245.75
Monthly Service Charge - £15.17
Total Monthly Charge - £260.92 plus mortgage required for 50% share.
Available for £107,500for 50% share based on the marketing figure of £215,000.
SO Resi Monthly Payment - £246
Monthly Service Charge - £15
Total Monthly Charge - £261 PLUS MORTGAGE REQUIRED FOR 50% SHARE.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
Ground Floor
Entrance Hall
Cloakroom
Kitchen
Living room
First Floor
Bedroom 1
Bedroom 2
Bathroom
We calculate the property offers a total in the region of 71m² of gross internal
floor area and has not been extended or altered since construction.
Externally
The property is set amongst similar properties built at the same time in a
modern residential housing estate and occupies a typical plot size.
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two bedrooms
- Semi-detached house
- Rear garden
- Close to local amenities
- Private driveway for two cars
- Available for 50% share
Map
The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
- Service Charge: covers maintenance costs for the property as a whole and communal areas
- Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.
NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £215,000, £5,375 Min Deposit. Calculated using a representative rate of 3.94%
