House For Sale £375,000
Discover Broadland Fields
A stunning collection of contemporary 2, 3 and 4 bedroom houses available for Shared Ownership. Located on the edge of Norwich, north of Postwick, close to the River Yare, this new community offers the perfect place to put down roots in a home of your own.
Plot 122 is a 128 square metre, Four Bedroom House with private garden and 2 parking bays at Broadland Fields, Postwick, Norfolk available to purchase through Shared Ownership.
Available to purchase from a 40% share.
Financial Breakdown:
- Full Market Value: £375,000
- 40% Share Value: £138,000
- 5% deposit of 40%: £6,900
- Rent on unowned share: £475 per month
- Service Charge: £76 per month
- Council Tax: TBC*
Your new home at Broadland Fields has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances and ample workspace to show off your culinary skills. Finished to a high specification, every home has space for a home office helping you strike the perfect work-life balance.
Benefitting from a superb range of nearby amenities, including local pubs, schools, restaurants and sports clubs, you'll never be bored at Broadland Fields. And you'll have all the facilities of a major city - including excellent shopping - on your doorstep. Whether you're heading into Norwich for a big night out, or enjoying a boat ride along the Norfolk Broads, this is a location that offers the best of town and country.
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.
The first phase of Shared Ownership homes at Broadland Fields will be ready to move into from Winter 2024.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
LOCAL AREA
Norwich is a beautiful city to have as a next-door neighbour with its cobbled streets and open spaces, impressive Norman cathedral and imposing castle. There are intriguing boutiques and large shopping malls, a wide choice of restaurants, bars and clubs together with live theatre and a thriving arts scene. Head away from town and you'll soon reach the Norfolk Broads National Park.
This unique area of waterways, windmills and wildlife is the perfect place to spend a lazy summer's day. Whether boating, walking, cycling or seeking a glimpse of the local flora and fauna, you'll never be short of new things to explore.
East Anglia is full of great days out for all the family. There are heritage railways and royal palaces, magnificent views and ancient forests. You'll have every type of seaside you could wish for - from the bright lights of Great Yarmouth's Golden Mile to the crab restaurants of Cromer and the quiet beaches in between where you can walk for miles and see more seals than humans.
Norwich also has an international airport, with flights to destinations across Europe. Yet, with the Norfolk Broads so close by, perhaps the perfect mode of travel is by boat, quietly cruising the waterways and looking for a glimpse of a water vole among the reeds.
WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:To be eligible for a home at Broadland Fields you'll need to:
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Eligible buyers must also be registered with Help to Buy
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
