2 bedroom apartment for sale
** UNDER OFFER** 6 Almond Drive, Cringleford, NR4 7SJ
Share percentage 40%, full price £210,000, £4,200 Min Deposit.
Share percentage 40%, full price £210,000, £4,200 Min Deposit.
Monthly Cost: £868
Rent £290,
Service charge £99,
Mortgage £479*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
The apartment is located on the second floor of a three storey block of apartments
Description
Accommodation
Second Floor: Hallway, Kitchen, Reception Room, Two Bedrooms, Bathroom with WC
External: There is an open-sided carport and driveway providing off-street parking for up to two vehicles
Location
This property is positioned in a residential area and situated approx. 4.6 miles from Norwich. The nearest railway station is Norwich, approximately 3.3 miles away. There are also Primary and Secondary schools which are located in close proximity.
Key Features
Purchase Information
For Sale is a 40% share of the property for £84,000 with an additional monthly charge of £389.36 which includes Rent, Ground Rent and Service 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.
Rent review information:
As of 01/04/24 the property charges will change due to Orbit’s Rent Review 2024. Therefore, the monthly rent will be £315.68 and the monthly services charge will be £115.69.
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 40%, full price £210,000, £4,200 Min Deposit. Calculated using a representative rate of 5.26%
