Thetford Road, Northwold, Thetford, Norfolk, IP26

This stunning three bedroom semi detached house with utility room and off road parking on the driveway is available through the shared ownership scheme.


Plot 17 is a three bedroom semi detached house and is a rare opportunity to purchase on the SHARED OWNERSHIP scheme in this area! Available to purchase from a 40% share at £110,000 with a deposit of £5500. Maximum amount available to purchase initially is 75%. Full market value is £275,000. A great opportunity to get onto the property ladder and staircase up to the full 100%.
With a welcoming entrance hall that leads through to the kitchen, elegantly designed and with space for built in appliances and room for the dining table, this is sure to be the hub of family life. The sitting room is a beautifully light space with a door out to the rear garden. You also have a cloakroom and separate utility room on the ground floor. Upstairs on the first floor you will find two double bedrooms and a single in addition to the family bathroom. Outside you have an enclosed rear garden and to the side off road parking on the driveway. You will also benefit form 8 solar panels. With so much to offer and available as a share between 40 %and 75% getting on the housing ladder has never been easier.

Financial Breakdown
Full market value: £275,000
40% share value: £110,000
5% deposit: £5,500
Rent charged on unowned share : 2.75%
Rent on unowned share (60%) : £378.12 per month

What is Shared Ownership?

If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% 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.