We are delighted to offer this exciting opportunity to buy this brand new 2
bedroom end terraced home situated on an exclusive development in Docking.
Available on a Shared Ownership basis through Freebridge Community Housing.
The full market value of £400, 000 is available to purchase from a 10% share
with a deposit from 5% at £2000. (Other shares available. This is an example
of a 50% share).
• Two Double Bedroom End - Terraced
• Generous Living/Dining Room and Spacious Kitchen
• Garden with patio area
• Allocated parking for two cars
• Flooring to wet areas
• Air - Source Heat Pump
This superb new home, situated on an exclusive development, has been designed
with style, comfort and efficiency in mind.
Finished to good specification throughout this beautifully spacious end -
terraced house offers a generous living/dining room leading to the spacious
kitchen with integrated oven, hob and fan over, with space for a range of
built in appliances. In addition, there is a useful storage cupboard and a
stylish cloakroom.
To the first floor are two double bedrooms that share the family bathroom and
the rear garden is ideal to enjoy the summer months with family and friends.
Location:
The village of Docking is situated in scenic countryside near the town of
Burnham Market, and perfectly placed for the North Norfolk Coast.
The village itself offers a range of amenities including a post office and
village shop, the Docking Fish Bar with its award - winning fish and chips, a
country pub called The Railway Inn, a doctors’ surgery and a primary school.
The market towns of Fakenham and King’s Lynn are easily accessible by road
offering a full range of amenities.
What is Shared Ownership?
A brand new 2 - bedroom end - terraced home available on a shared ownership (part
buy/part rent) basis. Shares available from 10% - 75% on initial purchase with
the option to staircase to 80% in the future.
To qualify for shared ownership you will need to meet the following criteria:
· Annual household income less than £80, 000
· Unable to purchase a home suitable for your needs without assistance
· Not a current home owner (or named on the deeds of another property) in the
UK or abroad
· No outstanding credit issues (ie unsatisfied defaults or County Court
Judgements)
Example Share Breakdown
Full market value: £400, 000
50% share value: £200, 000
5% deposit: £10, 000
Rent charged on unowned share: 2. 75%
Rent on unowned share (50%): £458. 34