2 bedroom semi-detached house for sale

The Norfolk Agents are pleased to offer a 40% share of this semi-detached home, situated on a popular residential development in the Market Town of Holt. The property has an enclosed rear garden and a driveway for two cars.

ACCOMMODATION

Visitors are welcomed into the lounge, where there is understairs storage and door opening to the kitchen breakfast room. The kitchen comprises a selection of fitted storage units under work surfaces, incorporating a sink with drainer and space for free-standing appliances. There is space for a dining table and chairs and a door opening to the rear lobby where you can access the garden and cloakroom. Upstairs there are two bedrooms arranged around the landing. Bedroom one is a generous double with a windows to the front aspect, whilst bedroom two is also a comfortable double room overlooking the garden. Both bedrooms are served by a neatly appointed bathroom.

OUTSIDE

The property is set on the edge of the estate. The rear garden is fully enclosed and mostly laid to lawn with timber fences, patio and a gate which provides rear access. There are two parking spaces on the driveway at the front of the property.

LOCATION

Holt is a sought-after town located in North Norfolk which offers a range of independent shops, restaurants and public houses. There is schooling for all ages at Gresham's school, as well as Holt Community Primary School. This property is approximately 4 miles away from the beautiful North Norfolk coastline and just over 20 miles from the city of Norwich which has a full range of amenities including 2 shopping complexes, train station and airport.

SERVICES

The property is connected to mains drainage, gas, electricity water supply. Gas-fired central heating to radiators throughout.

TENURE: Leasehold - Shared Ownership

This is a Shared Ownership home, and the leaseholder is selling their share of the property. Any buyer will be purchasing a 40% share, and then make regular Monthly payments as follows:

Rent: £305.42

Service charge £4.05

Sinking fund £0

Buildings insurance £31.71

Admin fee £0.61

These charges are reviewed annually. Details can be found within the lease agreement.

Important information about the sale

No one is classed as processable for a shared ownership property if they earn more than £80,000 as a combined household income annually or own another property. If they are selling, they are only proceedable once they are SSTC with a complete chain.

Prospective buyers must obtain approval from a specialist Independent Financial Advisor. The panel is available if needed to verify their eligibility for Shared Ownership. Additionally, Homes England now mandates a ‘specialist shared ownership advisor’ to review and confirm that all relevant checks have been conducted.

I would refer you to Homes England’s revised affordability guidance within our Capital Funding Guide (CFG) - Shared Ownership at section 6B.3 which covers the use of professional advisors.

Please note you are not obliged to use the panel members for any financial services except the initial assessment with Flagship.

Please also note that this property does have a local connection restriction meaning that you must live work or have a family connection to the North Norfolk District Council.

Once the current leaseholder has agreed on the buyer they wish to proceed with, an affordability assessment letter will be issued advising of the next steps.

COUNCIL TAX BAND: A

EPC RATING: TBC

1. Purchasers will be asked to produce ID to satisfy money laundering regulations and we would ask for your co-operation in providing the relevant documentation.

2. While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property. If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations.

3. The measurements indicated are supplied for guidance only.

4. Please note we have not tested the services or any of the equipment or appliances in this property. 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 FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. THE NORFOLK AGENTS LIMITED NOR ANY OF ITS EMPLOYEES HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATSOEVER IN RELATION TO THIS PROPERTY.