2 bedroom house for sale
7 Nightjar Way, NR7 8GY
Share percentage 25%, full price £230,000, £5,750 Min Deposit.
Share percentage 25%, full price £230,000, £5,750 Min Deposit.
Monthly Cost: £773
Rent £441,
Service charge £40,
Mortgage £292*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Fantastic two bedroom end-of-terrace house is now available
Description
This fantastic two bedroom end-of-terrace house is now available on a Shared Ownership scheme, as well as outright sale.
Perfectly-proportioned. This fantastic end of terrace home has a fitted open plan kitchen diner with French doors leading into the garden, two double bedrooms and a good-sized living room. Ideal if you're a first time buyer looking for a fresh modern home.
Features:
Spacious, yet cosy living room, ideal for relaxation and entertaining guests.
Well-appointed kitchen/diner with ample storage space, countertops, and modern appliances. Adjacent from the dining area.
Two generously sized bedrooms, perfect for a small family or individuals in need of an additional space.
Light, stylish, and contemporary bathroom, featuring a bathtub and/or shower.
Ground floor WC for convenience.
Good size private backyard, providing an outdoor sanctuary for gardening, relaxing, or hosting gatherings.
Allocated parking for two cars available.
Excellent transport links and proximity to local amenities, schools, and parks.
Located on the northern outskirts of Norwich on a sought-after modern development with convenient access to both a Tesco and Lidl superstore.
Don't miss the chance to own this beautiful end-of-terrace house in Sprowston, Norwich. If you're looking for a comfortable home this property offers the best of both worlds.
AFFORDIBILITY
Full Market Value: £230,000
25% Share Price: £57,500 (monthly rent based on remaining share £441.44)
Monthly Service Charges: £40.17
Shared Ownership Lease term: 125 years from 2020
EPC Rating: B
Council Tax Band: B
ELIGIBILITY
You must be at least 18 years old.
Outside of London your annual household income must be less than £80,000.
You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
You should not be able to afford to buy a home suitable for your housing needs on the open market.
You must show you are not in mortgage or rent arrears.
You must be able to demonstrate that you have a good credit history.
Particulars
Tenure: Not specified
Council Tax Band: B
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 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.
Share percentage 25%, full price £230,000, £5,750 Min Deposit. Calculated using a representative rate of 4.64%
