50% Shared Ownership - Magpie Place, Wymondham

A fantastic opportunity for anyone looking to purchase a 50% Shared Ownership property, this well-presented semi-detached home is set within a popular modern development on the outskirts of Wymondham. The property features a bright triple-aspect open plan living area with under-stair storage and French doors opening onto the rear garden.

The modern fitted kitchen offers contemporary units, integrated oven, hob and extractor, along with space for an undercounter fridge and undercounter freezer cleverly built into the breakfast bar – an excellent additional feature added by the current owners to maximise storage and usability. A convenient ground floor WC completes the downstairs accommodation.

Upstairs, the home provides two generous double bedrooms, including a main bedroom with open wardrobe hanging space, as well as a contemporary family bathroom with a shower over the bath. With gas central heating, double glazing and the remainder of the NHBC warranty, this home offers comfortable and modern living throughout.

The Outside - The property sits on a corner plot, perfectly positioned with the rear garden measuring approximately 14'6" x 28'6". The garden includes a hand-built storage shed, a patio area at the rear and a flower border to one side, along with an outside tap for convenience. It is enclosed by a brick wall to the side and rear, with a side gate providing easy access. A tandem driveway providing parking for two cars is positioned directly behind the garden.

Location Overview - Magpie Place is located within a modern development on the edge of the historic market town of Wymondham. This attractive residential area offers an ideal balance of contemporary living and community spirit, with parks, open spaces and a new school all close by.

Wymondham’s charming town centre features a wide range of independent shops, cafés, pubs and restaurants, along with a traditional weekly market that adds to its friendly, local character. Families are well served by excellent nearby schools, including Ashleigh Primary School and Wymondham High Academy.

For everyday convenience, the area provides access to local healthcare services, supermarkets and leisure facilities. Wymondham railway station is just a few minutes away, offering direct routes to both Norwich and Cambridge, making the location ideal for commuters. The A11 is also easily accessible, providing quick road links to Norwich, Cambridge and London.

Shared Ownership & Leasehold Details - The property is offered on a Shared Ownership basis, meaning you will be purchasing a 50% share. The full market value has been set at £230,000 following a completed RICS valuation, making the 50% purchase price £115,000. As this is a Shared Ownership property, the price is fixed and not negotiable.

Please note that the property will remain Leasehold. You will pay a monthly rent to the management company, Heylo Housing, on the remaining 50% share. You will also have the option to purchase further shares in the future (known as staircasing) up to 100% ownership. Please contact the branch for further details.

Eligibility criteria apply for You can check the full requirements at:

The property is Leasehold with 120 years remaining on the original 125-year lease, which commenced in May 2021. The monthly lease management fee is £26.30, and the monthly buildings insurance contribution is £10.44

Directions - Heading out of Wymondham on Silfield Road, continue under the railway bridge and follow the road as it bears left and becomes Swallow Drive. Turn right onto Magpie Place, where the property can be found on the left-hand side on the corner.

Further Information - Letting Services -
We provide a professional, ARLA-accredited lettings and management service. Whether you’re considering renting out your property to purchase another, exploring buy-to-let opportunities, or would simply like a free, no-obligation review of your current portfolio, our team will be happy to help. Please contact the office to discuss your options further.

Disclaimer -
Butterfly Lettings, trading as Butterfly Homes, and its representatives are not authorised to make statements or assurances about the property, whether on their own behalf or on behalf of the client. No responsibility is accepted for any statements contained in these particulars, which do not form part of any offer or contract. We have taken care to ensure that the details provided for each property are accurate at the time of listing. However, the information supplied is intended as a guide only, and we do not obtain confirmation from the seller’s legal representative when preparing it. Buyers should verify any leasehold details, charges, or other matters through their own legal representatives. All measurements, areas, and distances are approximate. Fixtures, fittings, and appliances have not been tested, so we cannot guarantee that they are in working order. It should not be assumed that the property has all necessary planning permissions, building regulations, or other consents. We recommend checking the local council’s website for information on conservation areas, flood risks, tree preservation orders, planning applications, and other relevant matters. We also advise reviewing the property and surrounding area using Google Maps or Street View before attending a viewing. Photographs are for illustration only and should not be taken as confirmation that any items shown are included in the sale. If any particular detail is important to you, please seek independent professional verification before proceeding.

Referral Fees-
Butterfly Homes may receive a referral fee from recommended solicitors, mortgage advisers, or other service providers. Any referral arrangement will not affect the cost or quality of the service provided.

GDPR – Personal Information
To arrange a property viewing, we are required to collect certain personal information in order to provide a professional service to you and our client, the seller. This information will be shared with the seller but will not be passed to any third party without your consent.
Should you decide to make an offer on a property, some of the personal information you provide will again be shared with the seller. It will not be disclosed to any other third party without your permission.
Further details on how we store and process your data are available on request or via our website.