£108,000

2 bed semi-detached house for sale

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Sold STC
New home

£108,000

2 bed semi-detached house for sale

Rugby Way, Wymondham NR18

2 beds
1 bath
1 reception

Key Information

Tenure:
Service charge:
£64 per year
Council tax band:
true
Ground rent:
£0

Local area information

Property location

Nearby amenities

  • Wymondham High Academy 0.2 miles
  • Robert Kett Primary School 0.2 miles
  • Wymondham 0.9 miles
  • Spooner Row 3.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • * sold prior to marketing *
  • Brand new semi-detached house
  • Off-road parking
  • 10 year new homes warranty
  • Shared Ownership
Summary
* sold prior to marketing * Plot 38 - a brand new semi-detached shared ownership home with separate kitchen, cloakroom, private fenced rear garden and parking!

Description
Lavender Meadow has been developed by Saffron Housing Trust, with a mixture of shared ownership and affordable rent accommodation.
The development benefits from two and three bedroom shared ownership properties for sale, from 25% to 75% available to purchase, paying rent on the remaining share.
Saffron Housing Trust is a housing association based in South Norfolk with over 6,500 homes in Norfolk, Suffolk and across East Anglia.

Directions
Sat nav: NR18 0FL, continue on Lavender Road to enter the Lavender Meadow site

Location
Located within the popular market town of Wymondham, the property has a very good range of everyday local amenities including shops, library, and leisure centre and doctors surgery. Approximately 10 miles south- west of Norwich and with access to the A 11. Wymondham is fortunate to have a railway station with direct trains to both Norwich and Cambridge as well as good bus links.

Agent's Note
Please note the listing price shown of £108,000 is a 40% share (total open market value being £270,000). This property can be purchased at a minimum share of 25% and a maximum of 75%. Purchasers can staircase to 100% ownership (fees may apply). Rent will be payable on the remaining share (for example; a 25% share will equate to £464.06 per month, a 40% share will equate to £371.25 per month and a 75% share will equate to £154.69 per month). The % share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial qualification. Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.

A holding fee of £500 will be taken at point of acceptance and deducted from the final amount. Should you decide to withdraw after acceptance, administration fees may apply.

Images used are for illustrative purposes only.

Please note; viewings available by appointment only. All applications will be subject to strict financial qualifiation criteria & id checks.

Please refer to the Key Information document, Key Information about Shared Ownership and summary of costs for more in depth detail. All items available on request from Sales Representatives.

Buyers are responsible for their own bills.

Agent's Note
Please note that the photos used are of a different plot on the same development and are for reference only.

Costs
Service charge listed are current estimates:

Estates Charge - £63.78 per annum for each home (reviewed annually)
Buildings Insurance - £50 per annum (reviewed annually)
Rent at 40% share = £371.25 (reviewed annually)
Lease Term: 990 years
Landlord: Saffron Housing Trust, Long Stratton

Eligibility
A person or persons in need of accommodation who are unable to buy on the local market determined in accordance with the following:

You can apply to buy the home if both of the following apply:
> Your household income is £80,000 or less
> You cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

Further eligibility criteria must be met, successful applicants will have a financial assessment arranged by Saffron Housing, at no cost to the buyer(s).

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

More information

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Listed by

William H Brown - Wymondham

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