1 bedroom apartment for sale
***UNDER OFFER*** 2 Austin House, King Street, NR1 1FW
Share percentage 50%, full price £175,000, £4,375 Min Deposit.
Share percentage 50%, full price £175,000, £4,375 Min Deposit.
Monthly Cost: £798
Rent £208,
Service charge £103,
Mortgage £487*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The apartment is located on the ground floor of a six-storey block of apartments.
Description
Accommodation
Ground Floor: Entrance Hall/Stairs, Kitchen, Living Room, Bedroom, and a Bathroom/WC.
Location
This property is positioned in a residential area and is within walking distance of Norwich town centre.
Key Features
Purchase Information
For Sale is a 50% share of the property for £87,500.00 with an additional monthly charge of £311.68 which includes Rent & 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.
Particulars
Tenure: Not specified
Council Tax Band: B
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: n/a
Year property was built: Enquire with provider
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 50%, full price £175,000, £4,375 Min Deposit. Calculated using a representative rate of 5.03%
