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2 bedroom apartment for sale

Under Offer

***UNDER OFFER*** 31 Austin House, King Street, NR1 1FW

£176,250 · Shared Ownership Resale

Share percentage 75%, full price £235,000, £8,813 Min Deposit.

Under Offer
2 bedrooms
1 Bathroom
Communal Garden
Parking
£176,250 Shared Ownership Resale

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

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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
Norwich (0.22 miles) Brundall Gardens (4.91 miles) Salhouse (5.06 miles)
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 - Communal 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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£176,250
Shared Ownership Resale
Estimated Monthly Cost:£1,261
Rent £139
Service Charge £140
Mortgage £982

Share percentage 75%, full price £235,000, £8,813 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.