2 bedroom house for sale


86 Lancaster Road, , PE37 8GY

£105,000 · Shared Ownership New Build

Share percentage 50%, full price £210,000, £5,250 Min Deposit.

2 bedrooms
Floor plan
Floor plan
£105,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £210,000, £5,250 Min Deposit.

Monthly Cost: £813
Rent £241, Service charge £50, Mortgage £522*

Calculated using a representative rate of 3.92%

Calculate estimated monthly costs

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.

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


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

About the Development

Pedlars Meadow is a brand new development, located in one of Norfolk's famous market towns of Swaffham. This prime location will be offering a lovely selection of terraced houses, perfect for families, young professionals and retirees alike.

Get around easily with great transport links including both the A47 and A1065, both at your doorstep. Furthermore access trains from Norwich to many UK locations.

About the Home

Within this house, the front entrance door leads into the entrance hallway with a ground floor WC off. At the front of the house is a lovely lounge which in turn feeds through to the spacious kitchen/Dining room. Here there are French doors that lead to the private garden.

The landing on the first floor provides access to all first floor rooms. There are two well-proportioned bedrooms and a stylish bathroom here. To the outside, there is a turfed garden.

About the Area

There are many attractions and amenities nearby for all ages, this ranges from theatres and gyms to golf courses and spas. There is also a selection of good local schools for all ages.

There are excellent transport options serving the area. The nearest railway station is in Dereham which offers wonderful old school train experiences. In addition you have the nearest Airport - Norwich International Airport where you can access both domestic and international flights.

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.


*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. Modern fitted kitchen
  5. Ground floor WC
  6. Private garden
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Dereham Market Place (10.75 miles) Watlington (13.31 miles) Brandon (13.61 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.

Read More Read Less
  • 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.

Shared Ownership New Build
Estimated Monthly Cost:£813
Rent £241
Service Charge £50
Mortgage £522

Share percentage 50%, full price £210,000, £5,250 Min Deposit. Calculated using a representative rate of 3.92%

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.