2 bedroom semi-detached house

SHARED OWNERSHIP property AVAILABLE at either a 50% share (£115,000) OR 100% FREEHOLD purchase at £230,000

SEMI-DETACHED TWO-BEDROOM shared ownership home with GAS CENTRAL HEATING and TWO PARKING SPACES is offered at BOTH a 50% market share of £115,000, with the 50% part-rented set at £302.28pcm (including ground rent and buildings insurance) AND FULL 100% FREEHOLD PURCHASE AT £230,000 (see agents note)

Balmforth are pleased to offer this ideal starter home, on a well-regarded modern estate, in the village of Red Lodge. Ideally positioned, facing open playing fields and close to amenities, this modern attractive home is ready for move in!

Occupied by the current residents for a period of time, the downstairs accommodation features a convenient layout, with extra wide hallway, modern kitchen with space for a variety of freestanding appliances, understairs storage, large downstairs cloakroom and light and airy lounge.

Upstairs, this modern home constructed in the 2010's, boasts a large well-appointed family bathroom, as well as two double bedrooms, both with ample storage space.

Externally the home occupies a lovely position, facing open playing fields, and is packed with curb appeal, with small lawned area to front and picket fence. In addition, there are two allocated parking spaces that come with the property (tandem), as well as copious on street parking nearby. Finally, there is a sunny rear garden, laid to lawn with patio and pathway leading to shed.

In more detail the accommodation comprises of:
HALLWAY
Stairs to first floor, understairs storage

KITCHEN
Space for freestanding cooker, updated boiler (3 years old approx.), range of floor and wall based storage, space for 'American style' double fridge, sink with drainer, plumbing for washing machine, window to front

WC
Low level wc. wash basin with storage under

LIVING ROOM
Single doors to rear, window to rear

ON THE FIRST FLOOR
LANDING
Storage cupboard, space for tumble dryer, loft hatch

PRIMARY BEDROOM
Windows to rear

BEDROOM TWO
Windows to rear

BATHROOM
Bath with shower. wash basin with storage under, low level wc

Outside
To front: Small lawned area, picket fence, two allocated parking space (to right hand side, white car)
To rear: Laid to lawn rear garden, patio and pathway, shed

Tenure: Leasehold. Lease of 99 years with 83 years remaining (approx.)
Heating: Gas central heating to radiators
Parking: Two allocated parking spaces
Windows/doors: UPVC double glazing
Rent: £302.28 pcm includes building insurance, service charge and all fees

AGENTS NOTES:
1. Further background information and data as required under the “Material Information” are available in the brochure QR code or 2. Buyers will need to meet certain requirements
o Flagship housing association requirements
o Affordability criteria
o Housing need requirements
3. The property offered at a fixed price
4. The property is also available to purchase at a full 100% value of £230,000 at which point the lease would be surrendered and the property would be freehold (contact office for details) a standard yearly service charge (tbc) will still apply

Red Lodge offers amenities and facilities including a post office, a modern doctor’s surgery, dentist, primary schools, a public house, and the ‘Millennium Centre’. The village shopping centre has just been built and consists of a food takeaway, pharmacy, and a general store. The sports facilities offer changing rooms and football pitches etc. More extensive amenities can be found in the close by market town of Mildenhall and the headquarters of British racing, Newmarket. Mildenhall is approximately two miles from the A11 five ways roundabout which gives easy access to a greater variety of amenities found in Thetford (12 Miles) and Norwich to the Northeast and Newmarket (10 miles) and London to the South and Southwest.