Total views: 747
Floorplan
MapShared ownership
£105,0002 bedroom terraced house for sale
Hubbards Loke, Norwich
Chain-free
EPC rating: B
Terraced house
2 beds
2 baths
764
EPC rating: B
Key information
Tenure: Leasehold | unconfirmed share | unconfirmed yrs left
Council tax: Ask agent
Broadband: Ultra-fast 1800Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- 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
*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)
Council Tax Band: A
Tenure: Leasehold
Lease Years Remaining: 87
Shared Ownership (%): 50%
Shared Ownership (Rent): £275.86 per month
About this agent
Iconic by Name, Iconic by Nature! From Taverham, Norwich all the way to the capital... With more people in London considering buying in Norfolk – seeing the county as offering a dream escape from the big city at an affordable price – you really do need your estate agent to have a presence in the capital. Iconic has just that – being members of the Guild of Professional Estate Agents, this estate agency offers an office base on Park Lane where it has a property display in the window on touch TV as well as holding regular exhibitions of properties throughout the year there. Property details are also available. What it means is that the agency based in the Norwich suburb of Taverham can offer clients a profile in the capital – and with its referral network system, it means people interested in buying in Norfolk can view properties at the touch of the button at the Park Lane office. However, Iconic also prides itself on local knowledge; partners Christopher Hall, Gary Lee and Gary Craven have more than 50 years experience in estate agency between them, having successfully sold properties in Taverham and around Norwich since 1989. Iconic still believes in the importance of having an office in the area in which its staff specialise in and are based in Taverham where they offer residential sales and lettings properties within a 10 mile radius. This local office offers people with knowledge of the local area and if you still favour the traditional methods of dealing with a real person behind a real desk in the area you are looking to buy or sell in, Iconic is the perfect agency for you. Iconic deals in all kinds of properties, small and large, across a wide value spectrum and is now able to offer more substantial country and equestrian properties through its Iconic Living brand. All Iconic staff are trained through the Guild of Professional Estate Agents training programme and are Guild academy members.