2 bedroom house for sale
, off Edward Benefer Way, PE30 2HW
You may be eligible for this property if:
You have a gross household income of no more than £80,000 per annum.
You do not already own a home or you will have sold your current home before you purchase or rent.
You must be at least 18 years old.
Summary
2 Bedroom homes
Description
Properties coming soon to South Wootton, register your interest now! Shared Ownership could help you to own your own home!
**PLEASE NOTE prices are estimated based on a 35% share of the current full market valuation but are subject to change, therefore please use as a guide only until properties are released for sale and prices are updated.**
The Development
We are excited to be offering 2 and 3 bedroomed houses for Shared Ownership in the village of South Wootton. These houses are due for phased completion commencing September 2024 onwards (please note this is a guide only). These properties will benefit from a 10 year build warranty.
Wootton is located within the small, picturesque Norfolk village of South Wootton, King’s Lynn. The village is positioned both in the Norfolk countryside and within minutes of the market town of King’s Lynn
South Wootton has an infant school and junior school, post office, doctor’s surgery, a variety of village shops, social clubs, and pubs.
The village of Sandringham is only seven miles away from South Wootton which boost beautiful walks through the countryside.
It is also well connected to the major cities of Norwich and Cambridge. Only 3 miles away is King’s Lynn Railway Station providing trains to London Kings Cross.
Prices
Prices are subject to change and based on an estimation of the current market value, please use as a guide only until properties are released for sale.
NEXT STEPS:
Please pre-register your interest for this development, we will contact you as soon as we have any further information.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own.Over time you can purchase more shares in your property – this is known as ‘staircasing’. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.
We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.
Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.
*Please note some images are typical and should be used as a guide only
Key Features
- Turfed rear garden
- Allocated parking
- Vinyl flooring through kitchen and bathroom
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Garden
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
