Coast Road, Bacton Norfolk Bacton NR12 0ES

Full description
Welcome to St. Andrew's Meadow, Bacton, a development by Flagship Homes.
A collection of 47 traditionally built and thoughtfully designed, energy-efficient two and three-bedroom homes near the North Norfolk coast, available through shared ownership.
These stylish homes offer a fantastic opportunity to step onto the property ladder, with initial shares available from 10% to 75%, and the option to staircase up to full ownership over time.
Each home has been thoughtfully finished to a high specification, featuring a contemporary kitchen complete with fully integrated appliances, including a dishwasher, washing machine, fridge/freezer, oven and hob. Flooring is finished throughout with premium carpets and Amtico flooring, creating a modern and comfortable living space.
Externally, the properties benefit from private driveways with electric vehicle charging points, as well as enclosed rear gardens with turf already laid and a patio area - ideal for relaxing or entertaining.
Built with sustainability in mind, the homes boast an impressive EPC rating of B, with features including solar panels, triple glazing, and an efficient heating system combining underfloor heating to the ground floor and radiators to the first floor - helping to keep running costs low.

Property
The price advertised is for a 40% share. The open market value of this property is £350,000.
An example of the value of different shares and the rent payable is illustrated below-

Share Share Value Monthly rent

10% £35,000.00 £721.88

25% £87,500.00 £601.56

30% £105,000.00 £561.46

40% £140,000.00 £481.25

50% £175,000.00 £401.04

60% £210,000.00 £320.83

70% £245,000.00 £240.63

75% £262,500.00 £200.52

Location
Bacton is a charming coastal village known for its beautiful sandy beach and relaxed seaside atmosphere, located approximately 18-miles north of Norwich.
The village offers a range of everyday amenities, including local shops, a traditional pub, well-regarded cafés, and takeaways - providing everything needed for day-to-day living.
Just four miles away lies the historic market town of North Walsham, there's a wider selection of shops and supermarkets including a Lidl, Waitrose, and Sainsbury's, as well as a railway station with direct services to Norwich and connections to London Liverpool Street.
The surrounding area is rich in natural beauty and leisure opportunities. The renowned North Norfolk Coastline, the scenic Norfolk Broads, and popular destinations such as Wroxham are all within easy reach. For golf enthusiasts, there are excellent courses nearby in Mundesley, Sheringham, Cromer, West Runton, and Norwich.

Shared ownership explained
Shared ownership is a government-backed scheme designed to help buyers get onto the property ladder. You purchase a share of the home that suits your budget and pay a subsidised rent on the remaining share.

Disclaimer - CGI Images and Photography

All computer-generated images (CGIs), artist impressions, and visualisations presented are for illustrative purposes only. They are intended to provide a general indication of the proposed design, layout, and specification of the property and may not accurately reflect the final completed development.

Photographs used within this material are taken from previous developments delivered by Flagship Homes and are included as examples of typical quality and finish. They do not necessarily represent the exact specification, materials, or layouts of the property being marketed.

Prospective purchasers should not rely solely on these images and are advised to refer to the approved plans, specifications, and contract documentation for full details of the property.