Ref: 14793

Marriotts Close , Narborough , PE32 1WG

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Shared Ownership Houses

Property description

Marriott Close is a newly built 2 bedroom semi-detached house, situated on a desirable new development in the popular Norfolk village of Narborough. The property is installed with gas-fired central heating, UPVC double glazing, smooth ceilings and 4 panelled internal doors with chrome furniture. The property also benefits from 2 photovoltaic panels.

The accommodation briefly comprises entrance hall, cloakroom, fitted kitchen with wood grain effect units, gas hob and electric oven,

sitting/dining room with door leading to the rear garden. On the first floor are 2 double bedrooms and a bathroom with shower over the bath.

Outside, there is parking for 2 cars and an enclosed rear garden with paved patio.

The property is being sold leasehold as part of a local housing association shared ownership scheme allowing the purchaser to acquire an initial share of the property of between 35% and 50%. Further shares in the property will be available to purchase in later tranches but capped to a maximum total ownership share of 80%. Victory Housing Trust will retain the remaining share on which a monthly rent will be payable equal to 2.75% per annum. The asking price represents the full open market value of the property with a percentage of the lease available to purchase.

6 Marriott Close is being offered to 'qualifying occupiers' who have lived in the Breckland Council District for at least 3 out of the last 5 years,

or, who have close family (brothers, sisters, parents, children) who have been living in the District for at least the last 3 years. Victory Housing Trust requires offers to be accompanied by a completed Declaration of Interest Form which is available from the selling Agents. Please note that service charges might apply to this property.

Local info

Narborough is rural village approximately 11 miles east of King's Lynn and well situated for easy access to Swaffham and Downham Market.

The village has its own primary school, Chinese restaurant, All Saints Church, social club with playing fields and is also well known for its Trout lakes, coarse fishing and pleasant walks along the River Nar. The cities of Norwich and Cambridge are within easy reach as is the beautiful North Norfolk Coast.

 

Price from £56,000
Status: Available Now
Scheme type: Shared Ownership
  • Full market value: £160,000
  • Share Available from: 35%
  • Monthly service charge: £11.21
  • Monthly rent: £250
min max
  • Req. earnings from: £000,000
  • Total mortgage: £000,000
  • Deposit required: £000,000
  • Total unsold value: £000,000
  • Est. monthly mortgage: £000,000
  • Est. monthly cost: £000,000

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Estimated Monthly Cost This is based on the Mortgage Amount + Monthly Rent + Service charge

Contact the agent

Victory Housing Trust