2 bedroom apartment for sale


5 Lords Gardens, NR1 1FY

£60,000 · Shared Ownership Resale

Share percentage 25%, full price £240,000, £3,000 Min Deposit.

2 bedrooms
1 Bathroom
Communal Garden
£60,000 Shared Ownership Resale

Share percentage 25%, full price £240,000, £3,000 Min Deposit.

Monthly Cost: £892
Rent £428, Service charge £156, Mortgage £308*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs


The apartment is located on the second floor of a two storey block of apartments.



• Throughout the house: storage cupboards in hallway, electric central heating, electrical sockets, window glazing

• Kitchen: all electric appliances.

• Bathroom: shower over bath.

• En-suite: shower.

• Parking: One reserved space.

• Surrounding Area: Shops, Restaurants, Leisure activities and local schools.

Accommodation: Second Floor: Entrance Hall/Stairs, Kitchen, Open Plan Lounge/Dining Room with external balcony and a Guest Cloakroom/WC, First Bedroom with en suite, second Bedroom and a separate Bathroom/WC.

External: Allocated parking spaces and lawned gardens.

Key Features


This property is positioned in a residential area and is within walking distance of Norwich town centre.

Purchase Information

For Sale is a 25% share of the property for £60,000 with an additional monthly charge of £584.17 which includes Rent, Ground Rent, Service Charge and Management Charge.

Additional Information

If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.


Tenure: Leasehold
Council Tax Band: B

Norwich (0.21 miles) Brundall Gardens (4.90 miles) Salhouse (5.06 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

Shared Ownership Resale
Estimated Monthly Cost:£892
Rent £428
Service Charge £156
Mortgage £308

Share percentage 25%, full price £240,000, £3,000 Min Deposit. Calculated using a representative rate of 4.24%

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.