£62,000

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this well maintained shared ownership resale apartment at 65 Turner Crescent, Postwick. The price shown represents purchasing a 40% share of the property.

Property Overview

Located on the edge of Norwich, this well presented one bedroom Shared Ownership apartment benefits from open plan living, a modern kitchen with integrated appliances, a well proportioned bedroom and allocated parking.

Living here you’ll benefit from a superb range of nearby amenities, including local pubs, schools, restaurants and sports clubs. You’ll have all the facilities of a major city – including excellent shopping options – on your doorstep. Whether you’re heading into Norwich for a big night out, or enjoying a boat ride along the Norfolk Broads, this is a location that offers the best of town and country.

Financial Breakdown

- Full Market Value: £155,000
- 40% Share Value: £62,000
- Rent on unowned share: £259.88 per month
- Service charge: £127.17
- Lease Length: Approximately 988 years remaining

Local Area

Norwich is a beautiful city to have as a next-door neighbour with its cobbled streets and open spaces, impressive Norman cathedral and imposing castle. There are intriguing boutiques and large shopping malls, a wide choice of restaurants, bars and clubs together with live theatre and a thriving arts scene. Head away from town and you’ll soon reach the Norfolk Broads National Park.

This unique area of waterways, windmills and wildlife is the perfect place to spend a lazy summer’s day. Whether boating, walking, cycling or seeking a glimpse of the local flora and fauna, you’ll never be short of new things to explore.

East Anglia is full of great days out for all the family. There are heritage railways and royal palaces, magnificent views and ancient forests. You’ll have every type of seaside you could wish for – from the bright lights of Great Yarmouth’s Golden Mile to the crab restaurants of Cromer and the quiet beaches in between where you can walk for miles and see more seals than humans.

Norwich also has an international airport, with flights to destinations across Europe. Yet, with the Norfolk Broads so close by, perhaps the perfect mode of travel is by boat, quietly cruising the waterways and looking for a glimpse of a water vole among the reeds.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property’s value, while paying a subsidised rent on the remaining share.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%. Deposits and mortgage payments are based on the share purchased, meaning costs are often lower than buying outright or renting privately.

Legal & General Affordable Homes is a Registered Provider delivering Shared Ownership homes and committed to creating well designed communities and supporting buyers throughout their home buying journey.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

- Have a combined household income under £80,000 per annum.
- Not already own a property, or part of a property, at the time of completing your purchase.
- Be unable to purchase a suitable home to meet your housing needs on the open market.

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years’ experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent is payable on the share not owned, along with any applicable service charges and other outgoings. Staircasing is subject to a valuation at the time of purchase and additional legal and valuation costs may apply. Priority may be given to applicants with a local connection. All information provided is for guidance only and does not form part of any contract.

This resale opportunity offers a chance to buy an established home through the Shared Ownership scheme, providing a more affordable and flexible way to get onto the property ladder in a prime location.