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2 bedroom house for sale

Available

Howards Way, PE32 1WJ

£108,000 · Shared Ownership Resale

Share percentage 40%, full price £270,000, £10,800 Min Deposit.

Available
2 bedrooms
1 Bathroom
Pets allowed
Parking
£108,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £270,000, £10,800 Min Deposit

Monthly Cost: £947
Rent £381, Service charge £30, Mortgage £536*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Eligibility

Please check you are eligible for shared ownership by visiting the gov.uk website. You must earn under £80,000 and not own any other property at the time of completion. You must not be able to purchase a home on the open market that suits your needs. You must be able to raise a mortgage or have savings to purchase the minimum share. Applicants will be subject to an affordability assessment which will be carried out by Broadland Housing Association and their recommended financial advisor.

Summary

2 Bed End Terrace House

Description

This home is available from a 40% 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.

Gayton is a well served and bustling village with a range of amenities, including a village shop, garage, pub, childcare centre, primary school, butchers and fish & chip shop, and a new village school. The thriving town of Kings Lynn is located approximately 8 miles to the west, with direct train links into Cambridge and London Kings Cross.

Key Features

2 bedrooms
Kitchen with fitted oven and hob
Bathroom with bath and shower
Flooring throughout
Enclosed rear garden
Parking
Council tax band B
EPC rating B

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: B

Map
Kings Lynn (6.25 miles) Watlington (8.69 miles) Downham Market (12.46 miles)
Material Information

Total rooms:

Furnished: Unfurnished

Washing Machine: No

Dishwasher: No

Fridge/Freezer: No

Parking: Yes

Outside Space/Garden: Yes

Year property was built: 2024

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.

£108,000
Shared Ownership Resale
Estimated Monthly Cost:£947
Rent £381
Service Charge £30
Mortgage £536

Share percentage 40%, full price £270,000, £10,800 Min Deposit. Calculated using a representative rate of 4.42%


Broadland Housing Association
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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.