Yarmouth Road, NR13 4JS

We are delighted to offer this exciting opportunity to buy this high specification, 2 bedroom new home in Blofield on a Shared Ownership basis. The full market value of £275,000 is available to purchase from a 40% share with a deposit from 5% at £5,500. (other shares available).

• Two Bedroom Terraced New Home
• Spacious Kitchen/Dining Room and Generous Living Room
• High Specification and Flooring Throughout
• Garden with patio area
• Allocated Parking Space

This superb new home, situated in an exclusive development, has been designed with style, comfort and efficiency in mind.

Finished to high specification throughout, this beautiful two bedroom terraced house offers a spacious kitchen/dining room with integrated oven, hob and fan over, integrated fridge/freezer and space for a washing machine. The beautifully appointed living room boasts patio doors opening onto the garden. In addition there a stylish cloakroom off the hallway.

To the first floor are two generous double bedrooms with modern family bathroom. The rear garden has been rotovated, ready for you to lay your turf and is ideal to enjoy the summer months with family and friends.

Location

The village of Blofield enjoys a range of local amenities including schooling, doctors surgery, library, post office, variety of shops, public house, farm shop/garden centre and golf club.
There are superb transport links to A47, regular bus services in and out of Norwich city centre, ease of access to the Norfolk coastline. The neighbouring village of Brundall has a further wide range of amenities including a train station with links to Norwich City centre, Great Yarmouth, and Lowestoft.

What is Shared Ownership?

For customers who cannot afford a property at a 100% share, whether due to mortgage or cash related reasons, the shared ownership scheme offers the chance to buy a share of your home (between 25% and 75%) and pay a subsidised rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright.

Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Example Share Breakdown
Full market value: £275,000
40% share value: £110,000
5% deposit: £5,500
Rent charged on unowned share : 2.75%
Rent on unowned share (60%) : £378.13