Share percentage 10.00%, full price £247,500, £1,238 Deposit
Monthly Cost: £660
Rent £510,
Service charge £12,
Mortgage £138*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Modern 2 bedroom homes |855.95 sq ft | Integrated appliances | Flooring throughout |Turfed rear garden | 5% deposit
Description
Available for Reservation - Plots 40 & 41 - Register Your Interest Now
Flagship Homes are pleased to offer these spacious 2 bedroom new build homes by Lovell Homes for Shared Ownership Purchase. Shares available from 10-75% on initial purchase with staircasing available up to 100% ownership. These properties come with a variety of appliances, fitted carpets and flooring throughout, enclosed rear gardens with turf and patio, and off-road parking.
Expected to be 'move in ready' for March 2025.
Part of the beautiful south Norfolk coast, Hopton-on-Sea is a village and seaside resort found on east coast of Norfolk just 5 miles south of Great Yarmouth and 3 miles north of Lowestoft in Suffolk. Hopton-on-Sea is perhaps best known for being the host of the World Indoor Bowls Championships offering a well catered for tourist industry, visitors and locals alike can enjoy the village amenities which include leisure facilities, pubs and restaurants, primary school, village hall, church, post office and local shops. Bus links provide access to the Cathedral City of Norwich, Great Yarmouth and Lowestoft.
Shares are available between 10-75%, calculated based on your affordability.
Key Features
- 10-year peace of mind with the NHBC Buildmark cover.
- Three piece bathroom suites with heated towel rail.
- Symphony kitchen with premium worktop and upstands
- Modern kitchen benefiting from integrated appliances including a washing machine, fridge freezer and cooker.
- Flooring throughout.
- Parking for 2 cars.
- Initial shares available from 10%, depending on your affordability, with staircasing up to 100%.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Price ListMap
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: 2025
Unit size: 855.95 sq ft
Communal lift: No
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Central, Double Glazing
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
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 10%, full price £247,500, £1,238 Min Deposit. Calculated using a representative rate of 5.03%
