House For Sale £128,000
Welcome to Pettus Fields
Nestled in between the Norfolk countryside and the historic city of Norwich, this new development of Shared Ownership 2 & 3 bedroom apartments and houses offer the perfect opportunity to get on the property ladder in an idyllic location.
Each home has been beautifully designed with contemporary finishes, new integrated appliances and white goods, and two parking bays as standard. With style, comfort and great connectivity, these homes are perfect for those who truly wish to have the best of both worlds.
Plot 210 is a 3 bedroom House with parking spaces at Pettus Fields, Norwich, available to purchase through Shared Ownership.
Homes are available with Shared Ownership from a 40% share.
Financial Breakdown:
Full Market Value: £320,000
40% Share Value: £128,000
5% deposit of 40%: £6,400
Rent on unowned share: £440 per month
Service Charge: £87.41 per month
Council Tax: TBC*
Interior photography shown is from a different Legal & General Affordable Homes development and is indicative only.
LOCAL AREA
Situated in the quaint town of Sprowston, Norfolk, the homes at Pettus Field boast the luxury of both Norwich city life and unparalleled Norfolk countryside. Norfolk is home to some of the most exquisite areas of natural beauty, from the Norfolk Broads and rolling countryside, to some of the UKs most iconic beaches.
With Pettus Fields located a 10-minute car journey from Norwich Station, and 7 miles from Norwich Airport, the rest of the UK - and beyond - is easily accessible. Norwich Station offers direct trains into London Liverpool Street, and services to London Kings Cross via Cambridge in under 2 hours, while the A47, A11 & M11 links are a short distance away if you want to get to London by car.
The centre of Norwich is only a short drive away, you can immerse yourself in a city steeped in history and excitement. With its impressive cathedrals and castles for those wishing to explore the culture, and an assortment of shops, markets, cafes, restaurants and entertainment venues for the more metropolitan dweller, the development has it all just within reach.
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.
ELIGIBILTY CRITERIA
- Have a combined household income under £80,000
- Not 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
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.
Council Tax: TBC
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.
