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SOLD STC

Hubbards Loke, Norwich

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Shared Ownership Terrace Property
  • Two Double Bedrooms
  • Popular Village Location
  • Generous Rear garden
  • Ample Off Road Parking
  • Offered With No Onward Chain
  • Downstairs Cloakroom
  • Fitted Bathroom and Kitchen
  • EPC Rating B
  • Council Tax Band A

Description

***50% SHARED OWNERSHIP OPPORTUNITY*** Iconic estate agents are delighted to offer for sale this well-presented shared ownership terrace property in this sought after Lenwade position. The property is offered on a 50% share basis and offers accommodation which comprises; spacious entrance hall, cloakroom, kitchen, stairs raising to the first floor and a 15ft lounge/diner with French doors to the rear garden. Upstairs offers two double bedrooms off the landing both with fitted wardrobes and a separate white three-piece family bathroom suite. Outside the property benefits from two parking spaces to the front while to the rear there is a low maintenance enclosed sunny garden which is mainly paved. The property is positioned on a modern development which boasts ample outside space and is within walking distance to the Village Hall, shops, local amenities and is on a bus route. £105,000 is a 50% share and a rent of £275.86 per month is paid in addition to the mortgage, this fee also includes the service charges and buildings insurance and the property is on a lease of 99 years from 2014. With shared ownership, you buy an initial % of the open market value and then you pay a reduced rent on the share that you do not own. There is potential to increase your share in the future through a process called staircasing with the rent adjusted to reflect this. In some cases, you may be entitled to purchase a higher percentage, although some restrictions do apply.All buyers must be eligible so to apply for a shared ownership home; you first will need to register with the local help to buy agent. You must meet the following criteria:Annual income of less than £80,000 Unable to purchase a suitable home for your needs without assistanceNot a current Home Owner (or named on the deeds of another property) in the Uk or abroadNo outstanding credit issues (i.e unsatisfied defaults or ccjs)

Brochures

Property BrochureFull Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Hubbards Loke, Norwich

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About Iconic, Taverham

297 Fakenham Road, Taverham, NR8 6LE
Industry affiliations:

Established in 2009, Iconic has grown to become the leading estate agent in Taverham and the surrounding villages. As a proud independent business, we’ve built our reputation on local knowledge, trusted relationships, and consistently delivering results for our clients.

With over 250 five-star Google reviews, our friendly and experienced sales team brings more than 50 years of combined expertise in the local property market. Many of us live right here in the community, giving us a genuine, first-hand understanding of the area, the people, and the market. While our roots are firmly local, we’ve also successfully sold homes across every Norwich suburb over the past decade.

At Iconic, you are always at the heart of what we do. We’re incredibly proud of our long-standing team, many of whom have been with us since the beginning. From your first enquiry through to completion, we’re with you every step of the way, offering honest advice, clear communication, and dedicated support.

Alongside our strong local presence, we also offer national reach through our membership with The Guild of Property Professionals, an established network of over 650 independent agents across the UK. This allows us to combine local expertise with wider exposure to help achieve the very best price for your home.

We ensure your property gets maximum visibility by advertising across all major property portals, as well as actively promoting homes through social media platforms including Facebook, Twitter, and Instagram. We also offer high-quality professional photography and floorplans with full square footage.

We work closely with Yellow Brick Mortgages, an established local broker. With whole of the market access, they are available 24/7 and offer free no obligation advice.

Customer service is at the core of everything we do. We believe in going the extra mile, whether that’s hand-delivering local marketing materials for a personal touch, keeping you updated with viewing feedback within 24–48 hours, or checking in regularly to discuss interest in your property. We believe in honest, proactive communication, so you’re always informed.

Affordability

Monthly repayments£479
Property: £ 105,000
Deposit: £ 10,500
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference 12563475. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Iconic, Taverham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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