2 bedroom house for sale

Available

51 Fulmar Drive., Norton Canes, WS11 9AY

£122,500 · Shared Ownership New Build

Share percentage 50%, full price £245,000, £6,125 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£122,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £245,000, £6,125 Min Deposit.

Monthly Cost: £940
Rent £281, Service charge £50, Mortgage £609*

Calculated using a representative rate of 3.92%

Calculate estimated monthly costs

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Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 2 bedroom semi-detached house in the Norton Hall Meadow development. The price advertised represents purchasing a 50% share of the home.

Description

Wonderful 2 bedroom semi-detached house in the Norton Hall Meadow development. The price advertised represents purchasing a 50% share of the home.

About the Development

Norton Hall is a brand-new development offering a selection of high spec 2-bedroom homes in the lovely area of Norton Canes. Located just north of Birmingham, there is a multitude of local leisure and retail opportunities as well as a great selection of local schools and colleges for those with young children.

Chasewater is a mere 5 miles from the Norton Hall Meadow development and is renowned for its 90 hectare reservoir and open greenspaces. The large waters make way for an extensive selection of water activities including wakeboarding and water skiing.

About the Home

This plot is a brand new 2-bedroom semi-detached house. Upon entry there is a hallway that leads to all rooms on the ground floor. On the right you have the separate and modern fitted kitchen area. To the rear of the property there is a spacious lounge area. There is also a ground floor WC and storage space on this floor,

The second floor presents both generous bedrooms with large windows as well as the three piece bathroom with shower over bath.

About the Area

Transport to local villages and to the wider area is excellent with the M6 and M5 at your doorstep. There are great train links from Landywood train station into London, Birmingham and further north to Manchester. Furthermore, there is a great local bus service that runs between Burntwood Road into Cannok every thirty minutes.

Families are well catered for as there are some excellent schools in the area, including the Jerome Primary School, Norton Canes Primary School, Chase Grammar School and Great Wyrley Academy.

Everything you need for day-to-day living is close by, including a SPAR convenience store. The Orbital retail park just 1.8 miles from Norton Hall Meadow, has a Sainsbury's supermarket and other main retail outlets.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 45% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

Key Features
  1. 2 bedroom semi-detached house
  2. Flooring throughout
  3. Storage space
  4. Ground floor WC
  5. Separate modern fitted kitchen
  6. Spacious living area
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Landywood (1.60 miles) Cannock (2.08 miles) Hednesford (3.08 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£122,500
Shared Ownership New Build
Estimated Monthly Cost:£940
Rent £281
Service Charge £50
Mortgage £609

Share percentage 50%, full price £245,000, £6,125 Min Deposit. Calculated using a representative rate of 3.92%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.