2 bedroom apartment for sale
31 Austin House, King Street, NR1 1FW
Share percentage 75%, full price £235,000, £8,813 Min Deposit.
Share percentage 75%, full price £235,000, £8,813 Min Deposit.
Monthly Cost: £1,261
Rent £139,
Service charge £140,
Mortgage £982*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The apartment is located on the second floor of a six storey block of apartments.
Description
Accommodation
Third Floor: Kitchen, Living room, Two Bedrooms, private balcony, and a Bathroom/WC.
Communal Areas: Entrance/Lobby, Communal Stairs/ lift, Hallway, communal gardens and seating areas.
External: One allocated parking space.
Location
This property is positioned in a residential area and is within close proximity to local amenities.
Vendor Information
Prime Location in Norwich
This modern flat is in a secure, purpose-built complex with key fob entry, offering peace of mind and convenience. Just a 5-minute walk from Norwich city centre, you’ll enjoy easy access to two major shopping malls, an abundance of bars, restaurants, and the iconic Norwich Market. Explore the vibrant Norwich Lanes, renowned for its independent shops and perfect for leisurely days out.
For additional convenience, Riverside Retail Park is nearby, featuring supermarkets, popular eateries, and more shopping options.
Transport links are excellent, with Norwich Train Station just a 5-minute stroll away. From there, you can reach London Liverpool Street in just 90 minutes, with trains running every 30 minutes.
Key Features
Purchase Information
For Sale is a 75% share of the property for £176,250 with an additional monthly charge of £278.84 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: C
Map
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 75%, full price £235,000, £8,813 Min Deposit. Calculated using a representative rate of 5.03%
