Stigand Close, Methwold, Thetford, Norfolk, IP26

We are delighted to offer this fantastic opportunity to buy this brand new two double end-terraced property located in Methwold, available to purchase on a Shared Ownership basis through Freebridge Community Housing.

The full market value of £230,000 is available to purchase from a 25% share with a deposit of 5% at £2,875 (other shares are available)

• Two Double Bedroom End Terraced New Home
• Family Bathroom and Cloakroom
• Generous Living Room and Spacious Kitchen/Dining Room
• AstroTurf Rear Garden with Patio Area
• Allocated parking spaces
• Vinyl Flooring to Wet Areas

This wonderful new home, situated on an exclusive development has been finished to a high standard throughout and offer a generous living room leading to the spacious kitchen/dining room with patio door opening onto the garden. In addition there is a cloakroom off the hall. To the first floor, are two double bedrooms that share the family bathroom.

Externally, the rear garden has been finished with AstroTurf with patio area, ideal to enjoy the summer months with family and friends.


Location

Methwold is a wonderful rural village which lies on the edge of the Thetford Forest, is situated approximatly 20 miles from King's Lynn and 15 miles north west of Thetford. Methwold has a church, post office, secondary and primary schooling, sports facilities, a public house and other amenities. The market town of Downham Market is within easy reach and offers a wide range of facilities including an assortment of shops, supermarkets, library, medical centre, schooling, sports centre and a main line railway station which lies on the Fen Line from Cambridge to King's Lynn, with a service to London Kings Cross (90 mins).

What is Shared Ownership?

Available to purchase on a shared ownership (part buy/part rent) basis. Shares available from 25%-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 (based on a 25% share)
Full market value: £230,000
25% share value: £57,500
5% deposit: £2,875
Rent charged on unowned share: 2.75%
Rent on unowned share (75%): £395.31

Agents Note: Images used may be representative of a similar property, but not be the one which the buyer may be purchasing.