Full price: £160,000 The full value of the property
Share value: 50% - £80,000
Estimated monthly cost*: £740
Estimated Monthly Mortgage*: £401
SO Resi Monthly Payment: £263.32 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £75.35 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 86
This spacious flat in Norwich comprises communal landing,entrance hall, living room, kitchen, two bedrooms and bathroom.The property has the benefit of one on-site allocated car parking space, and a communal bike store.
- Minimum income requirement - £26,703
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The property is close to local amenities;5 minutes walk to shops and supermarket, 10 minutes drive to hospital and within walking distance to local schools. The area is well-served from transport links;on bus route into city centre.
A two bedroom first floor flat located in Norwich available through Shared Ownership Scheme
Available for £80,000 for 50% share based on the marketing figure of £160,000.
4.5 avg. x 3.5 avg. plus alcove
3.44 x 3.75
2.55 x 1.76
2.21 x 2.99
Sitting room/dining room: 3.09 x 2.08 plus 3.34 x 4.05
One allocated car parking space
Communal bike store.
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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