Brand new 2 bedroom house available in the Cringleford Heights Development. The price advertised represents purchasing a 50% share of the home About the DevelopmentCringleford Heights, is a brand new development comprised of spacious homes in Norfolk. Settling in this prime location Cringleford Heights means you can enjoy a traditional village location with a welcoming atmosphere. Six-time winner of the Norfolk Village of the Year competition, Cringleford is home to a wide range of amenities to keep you well connected whilst in a semi-rural setting.About the HomeThe brand new two bedroom home offers an open-plan kitchen/diner/ lounge, a ground floor WC and storage space. The first floor offers all two spacious bedrooms as well as the family bathroom which comes as a three piece. This home has a rear garden and 2 parking spaces.About the AreaCringleford is a sought-after village which benefits from the peace and quiet of a semi-rural location but is only 5 miles from the city centre of Norwich. The village has an established community with essential facilities close by including supermarkets, a veterinary clinic, two pubs, GP and The Willow Centre – a social hub hosting an array of classes in the heart of the village.Shared Ownership The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. On this development you can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.T&Cs*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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