1 bedroom apartment for sale

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1 bedroom apartment for sale

Plot 16, One bed apartment at Broadland Fields, Postwick, Norwich NR13
£46,250

Price History

Initial price £72,000
18/06/24 £74,000
07/07/24 £46,250
Price Change -35.76%

Description

Discover Broadland Fields, a stunning collection of contemporary 1 & 2 bed apartments available with Shared Ownership, located on the edge of Norwich, near the River Yare. Plot 16 is a 50.3 square metre one bedroom second floor apartment with open plan living, integrated appliances, and allocated parking. The property is available to purchase from a 25% share, with a full market value of £185,000. The financial breakdown includes a 25% share value of £46,250, 5% deposit of £2,313, and rent on the unowned share of £318 per month. The property features modern, open plan living areas, kitchens with integrated appliances, and a home office. The development offers a range of nearby amenities, including local pubs, schools, restaurants, and sports clubs, as well as easy access to Norwich city centre. The Shared Ownership scheme allows buyers to purchase a share of their home and pay rent on the remaining share, with the option to buy bigger shares in the future. To be eligible, buyers must have a combined household income under £80,000 per annum, not already own a property, and have a minimum of £5,000 to cover the costs of buying a home.