1/5
£162,500
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Brand new 3 bedroom semi-detached house available in the Cringleford Heights Development. The price advertised represents purchasing a 50% share of the home
About the Development
Cringleford Heights is a new development comprised of 2 & 3 bedroom homes in Norfolk. Settling in this prime location means you can enjoy a traditional village location with a welcoming atmosphere. Six-time winner of the Norfolk Village of the Year competition, Cringleford is home to a wide range of amenities to keep you well connected whilst in a semi-rural setting.
About the Home
The brand new three bedroom home offers a spacious lounge and a kitchen, diner which opens out to the garden through the back door. The first floor offers all three of the lovely bedrooms as well as the family bathroom which comes as a three piece. The rear garden is mainly laid to lawn with a small patio area.
About the Area
Cringleford is a sought-after village which benefits from the peace and quiet of a semi-rural location but is only 5 miles from the city centre of Norwich. The village has an established community with essential facilities close by including supermarkets, a veterinary clinic, two pubs, GP and The Willow Centre – a social hub hosting an array of classes in the heart of the village.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. At Penkridge you can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
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