Ref: 16046

Avocet Rise, Norwich, NR7 8ES

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Shared Ownership Properties Avocet Rise

Property description

Avocet Rise is a new development offering 8 shared ownership properties.

All properties are marketed on a shared ownership basis with Victory Housing Trust.  Prospective purchasers can purchase either 35% or 50% with a monthly rent payable based on 2.75% of the remaining balance.

There is a monthly service charge, which includes building insurance. These are as follow.

No 24                         £8.79
Nos 35, 41 and 43     £10.19

Each property has gas fired central heating to radiators which is complimented by double glazed windows, a modern kitchen with built-in oven and gas hob, ground floor cloakroom and first floor bathroom which is fitted with a white three piece suite.

Each property will have an enclosed rear garden with timber shed and two parking spaces.

All interested parties must ensure that they are registered with the Help to Buy scheme and that they have completed the relevant Expression of Interest form and Income and Expenditure form (available from Brown and Co’s office), and provided a mortgage agreement in principle certificate, as well as being able to demonstrate a connection to the local area.   

Local info

The properties are situated in the popular suburb of Sprowston which is located to the North East of Norwich. Local amenities include shops, a Tesco Superstore and a Tesco Metro store on Wroxham Road, all levels of schools and Sprowston Manor Hotel, Golf & Country Club. There is a regular bus service along Wroxham Road into Norwich city centre and easy access to the Norfolk Broads.

Price from £61,250
Status: Available Now
Scheme type: Shared Ownership
  • Full market value: £175,000
  • Share Available from: 35%
  • Monthly rent: £TBA
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

Based on % APR over years

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

Contact the agent

Victory Housing Trust