1 bedroom apartment for sale
8 Fox House, Mountergate, NR1 1FR
Share percentage 35%, full price £160,000, £2,800 Min Deposit.
Share percentage 35%, full price £160,000, £2,800 Min Deposit.
Monthly Cost: £774
Rent £313,
Service charge £149,
Mortgage £312*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
This one bedroom apartment is located on the second floor of a two storey block of apartments.
Description
Accommodation
Second Floor: Kitchen, Living Room, one bedroom and Bathroom/WC.
Communal Areas: Entrance/Lobby, Communal Stairs, Hallway
External: One allocated parking space.
Location
This property is positioned in a residential area and is in close proximity to Norwich town centre amenities.
Close by are railway links, also schooling and healthcare provisions.
Key Features
Purchase Information
For Sale is a 35% share of the property for £56,000 with an additional monthly charge of £461.44 which includes Rent, Ground Rent and 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: A
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
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 35%, full price £160,000, £2,800 Min Deposit. Calculated using a representative rate of 5.03%
