3 bedroom house for sale
Blacksmiths Gardens, NR14 6GJ
Share percentage 40%, full price £280,000, £11,200 Min Deposit.
Share percentage 40%, full price £280,000, £11,200 Min Deposit
Monthly Cost: £1,061
Rent £444,
Service charge £61,
Mortgage £556*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Please check you are eligible for shared ownership by visiting the gov.uk website. You must earn under £80,000 and not own any other property at the time of completion. You must not be able to purchase a home on the open market that suits your needs. You must be able to raise a mortgage or have savings to purchase the minimum share. Applicants will be subject to an affordability assessment which will be carried out by Broadland Housing Association and their recommended financial advisor.
Applicants must meet local lettings policy with a connection to one of the following 1) Thurlton 2) Norton Subcourse, Raveningham, Haddiscore 3) South Norfolk 4) Other
Summary
3 Bed Semi Detached House
Description
This home is available from a 40% share on a shared ownership basis with rent payable on the remaining share. There is the option to staircase up to 100% share in the future.
The property is located in the village of Thurlton, which provides a number of useful amenities such as The Queens Head pub, community shop, Village Hall with playground, Thurlton Pre-school and Primary School, Churches, buses to Beccles and Norwich (via Loddon) and an active village community. A short distance away is the market town of Beccles which has a full range of supermarkets, restaurants, schools, train station (links to London via Ipswich) and sporting facilities. Loddon is also nearby offering a range of amenities and the house is within the catchment area for Hobart High School.
Key Features
3 bedrooms
Kitchen with fitted oven and hob
Bathroom with bath and shower
Flooring throughout
Enclosed rear garden
Parking for 2 cars
Council tax band C
EPC rating B
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Driveway
Outside Space/Garden: Yes - Private Garden
Year property was built: 2019
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £280,000, £11,200 Min Deposit. Calculated using a representative rate of 4.42%