1 bedroom apartment for sale
Hathor, Geoffrey Watling Way, NR1 1HF
Share percentage 25%, full price £175,000, £4,375 Min Deposit.
Share percentage 25%, full price £175,000, £4,375 Min Deposit
Monthly Cost: £758
Rent £369,
Service charge £172,
Mortgage £217*
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.
Summary
1 Bed Flat
Description
This home is available from a 25% 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.
Canary Quay is situated in a prime location, offering the perfect balance of convenience and tranquillity. Located in the heart of Norwich, this modern development is within easy reach of the city’s bustling centre, providing residents with easy access to a wide range of amenities, including shops, cafes, restaurants, and entertainment options. The nearby Norwich train station offers excellent transport links, making commuting to London and other major cities a breeze. Additionally, the picturesque River Wensum is just a stone's throw away, perfect for scenic walks or relaxing riverside views. Whether you're a professional or a family, this location offers everything you need for comfortable, connected living.
Key Features
1 bedroom
Kitchen with fitted oven and hob, dishwasher and fridge freezer
Bathroom with bath and shower
Flooring throughout
Balcony
Council tax band B
EPC rating B
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2023
Unit size: Enquire with provider
Communal lift: Yes
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
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 25%, full price £175,000, £4,375 Min Deposit. Calculated using a representative rate of 4.42%
