2 bedroom apartment for sale
38 Austin House, King Street, NR1 1FW
Share percentage 60%, full price £235,000, £7,050 Min Deposit.
Share percentage 60%, full price £235,000, £7,050 Min Deposit
Monthly Cost: £1,163
Rent £238,
Service charge £140,
Mortgage £785*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The apartment is located on the third floor in a block of approx. 57 apartments.
Description
Accommodation
Third Floor: Entrance, Open Plan Kitchen/Lounge, Two Bedrooms, and a Bathroom/WC.
Location
This property is positioned within the city centre.
Vendor Information
Austin House is situated on King Street in Norwich, Norfolk, with the postcode NR1 1FW, a vibrant and well-connected area.
A key highlight is its proximity to Riverside, a popular leisure and retail destination offering a variety of shops, restaurants, and entertainment options. The Riverside Retail Park features a cinema, gym, supermarkets, and well-known restaurants, making it a convenient place to live.
Additionally, the Norwich city centre is within walking distance, providing access to historic landmarks, shopping, and nightlife.
Transport Links:
Bus Services: The nearest bus stops are located on Rose Lane and Music House Lane, approximately 250 meters from Austin House.
Train Services: Norwich Railway Station is conveniently located nearby, providing access to regional and national rail services.
Schools:
Within the NR1 postcode area, there are several educational institutions:
Notre Dame High School, Norwich: Approximately 0.7 miles away.
The Hewett Academy, Norwich: Approximately 1.1 miles away.
Jane Austen College: Approximately 1.2 miles away.
City of Norwich School: Approximately 1.7 miles away.
Key Features
Purchase Information
For Sale is a 60% share of the property for £141,000.00 with an additional monthly charge of £377.97 which includes 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.
Rent review information:
As of 01/04/2025 the property charges will change due to Orbit’s Rent Review 2025. Therefore, the monthly rent will be £244.07 and the monthly service charge will be £146.25.
Particulars
Tenure: Not specified
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
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: 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 60%, full price £235,000, £7,050 Min Deposit. Calculated using a representative rate of 5.03%
