2 bedroom house for sale
Hubbards Loke, NR9 5AZ
Share percentage 50%, full price £197,500, £9,875 Min Deposit.
Share percentage 50%, full price £197,500, £9,875 Min Deposit
Monthly Cost: £756
Rent £229,
Service charge £28,
Mortgage £499*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
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.
Have a local connection to 1) Great & Little Witchingham 2) Weston Longville, Alderford, Brandiston, Booton, Morton on the Hill, Reepham 3) Honingham, Ringland, Attlebridge, Swannington, Cawston, Salle, Wood Dalling, Themelthorpe 4) Broadland District Council
Summary
2 Bed Mid Terrace House
Description
This home is available from a 50% share on a shared ownership basis with rent payable on the remaining share. There is the option to staircase up to 80% share in the future.
Applicants must be have a local connection to one of the following - 1) Great & Little Witchingham 2) Weston Longville, Alderford, Brandiston, Booton, Morton on the Hill, Reepham 3) Honingham, Ringland, Attlebridge, Swannington, Cawston, Salle, Wood Dalling, Themelthorpe 4) Broadland District Council
Primary school and general practice in walking distance. 15 min drive to Norwich. 20 min drive to Fakenham. 17 min drive to Dereham. Vendor describes as Nice and quiet area.
Key Features
2 bedrooms both with fitted wardrobes
Kitchen with fitted oven and hob
living room with storage
Downstairs W/C
Oil heating
2 Solar Panels
Bathroom with bath and shower
Flooring throughout
Enclosed rear garden
Parking for 2 cars
Council tax band A
EPC rating B
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Driveway
Outside Space/Garden: Yes - Private Garden
Year property was built: 2009
Unit size: 76 sq m
Communal lift: No
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
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 50%, full price £197,500, £9,875 Min Deposit. Calculated using a representative rate of 4.59%
