Lavender Road
- Full market value £325,000
- Epc rating b
- Brand new three bedroom semi-detached house
- Three excellent sized bedrooms
- Integrated modern kitchen/dining area
- Off road parking
- Privately enclosed rear garden
- 10 year new homes warranty read more show less
- Years remaining: 0 years
- Current ground rent: Contact branch
- Ground rent review period: Contact branch
- Annual service charge: Contact branch
- Ground rent increase: Contact branch
- Share sold: 40%
- Rent payable: £447 per month
Council Tax Band: Contact branch
Tenure: Leasehold
Shared Ownership:
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.
Entrance Hall
Door to front aspect, radiator and under stair cupboard.Cloakroom
This comprises of a mid-level WC, wash hand basin, tiled splashbacks, extractor fan and radiator.Lounge
16' 7" x 11' 11" ( 5.05m x 3.63m )Windows to front and side aspect, radiator, and both telephone and television points.
Kitchen
19' 4" x 9' 6" ( 5.89m x 2.90m )Double glazed window to rear aspect , brand new fitted kitchen with wall and base units and granite effect work surfaces above , ½ bowl stainless steel sink and drainer, tiled flooring, integrated appliances including fridge/freezer and washing machine , electric oven and ceramic hob with extractor fan,radiator and door to rear garden.
Landing
Stairs leading from the ground with doors leading to all bedrooms and family bathroom. There is also an airing cupboard and loft access.Bedroom 1
13' 4" x 10' 8" ( 4.06m x 3.25m )Bedroom 1 has built in wardrobes, television point, radiator and window to rear aspect.
Bedroom 2
12' 3" x 11' 3" ( 3.73m x 3.43m )There is a window to the front aspect, a wall mounted radiator and a television point.
Bedroom 3
9' 9" x 8' 8" ( 2.97m x 2.64m )Window to rear aspect , television point and wall mounted radiator.
Bathroom
Comprising of a mid-level WC, wash hand basin, bath with mixer taps with shower attachment over, tiled splashbacks, partly tiled walls, extractor fan and heated towel rail. There is also a window to the front aspect.Front Garden
This is a pathway leading to the front door with a small front garden. There is also either a brick weave driveway with parking for two vehicles, or two allocated parking spaces.Rear Garden
There is a paved patio area and side access gate. The gardens will be turfed prior to completion.Agents Notes
Please note the listing price shown of £162,500 is a 50% share (total open market value being £325,000). 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 £558.59 per month, a 40% share will equate to £446.88 per month and a 50% share will equate to £372.40 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.
Additional
There are a total of six properties for sale. Some properties may differ slightly from the description. Photos are from a similar property on the development.Service charges will vary dependant on the plot. The minimum initial service charge is £184.09 and the maximum is £539.61. For further details please contact the branch.
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LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.