1/8
£62,500
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
This one-bedroom property is one of only four flats in the building and has a generously-sized entrance hall with a pair of built-in storage/utility cupboards. There is twenty-one-foot reception room with open-plan kitchen area and the bedroom and bathroom are also quite spacious. Well insulated walls, modern double glazing and gas central heating make for a good energy-efficiency rating. To the rear of the block is a south-east-facing communal lawn and, just beyond that, a communal parking area. The city centre can also be reached via bus or by bike. Nearby Mousehold Heath offers more than one hundred and eighty acres of outside space to explore as well as some great views of the Norwich skyline.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £125,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/43jnwt6b]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/01/2009).
Minimum Share: 50% (£62,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £188.28 per month (subject to annual review).
Service Charge: £99.24 per month (subject to annual review).
Guideline Minimum Income: £19,000 (Based on minimum share and 10% deposit).
Council Tax: Band A, Norwich City Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner).
