Britannia Grange

Britannia Grange, Norwich Road, IP24 2FJ
Shared Ownership

Britannia Grange

Britannia Grange, Norwich Road, IP24 2FJ

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From £174,000 for a 50% share
With min. deposit £8,700

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£174,000

3 Bedrooms Semi-detached house

£186,000

3 Bedrooms Detached house

Property Number The Braxton - Plot 79 The Ardale - Plot 114
Availability FOR SALE FOR SALE
Advertised Share 50% 50%
Full Market Price £348,000 £372,000
Deposit From £8,700 £9,300
Monthly Rent £399 £426
Monthly Mortgage Cost £0 £0
Monthly Service Charge £0 £0
Estimated Monthly Cost £0 £0
Bedrooms 3 3
Bathrooms
Number Of Floors 3 2
Tenure Leasehold Leasehold

Britannia Grange

Britannia Grange, Norwich Road, IP24 2FJ

Overview

Shared ownership - Home Stepper by Sage
- Struggling to take your first step onto the property ladder? Did you know you can buy 60% of your home now, and pay a low rent on the rest or buy the remainder of the home at a later date.
- Terms and Conditions apply. Find out more here.



New phase just launched at Britannia Grange, register your interest

Nestled to the north of the ancient market town of Thetford in the Norfolk countryside, Britannia Grange will be home to 225 new high quality 2-4 bedroom homes. Only 1 minute from the A11, the vibrant city of Norwich is accessible in less than 40 minutes and with Newmarket, Cambridge, and Bury St Edmunds within reach too, Britannia Grange is the ideal choice for commuters.

Britannia Grange has been thoughtfully designed and will provide a central area of green open space including a children’s play area. New homes will be reflective of the local area and be traditional in style and have electric car charging points. As part of the wider Kingsfleet neighbourhood, Britannia Grange will benefit from primary schools, nurseries, a health centre and public open spaces.

Perfectly placed for first time buyers or families, Thetford has a range of shops and amenities, a wide choice of schools locally and is only 15 minutes from High Lodge in Thetford Forest offering a fun day out for the whole family. Or if you prefer, enjoy a day shopping in Norwich or a night out.

We have a selection of great incentives and schemes to get you moving in 2024*. Speak to our Sales Executives for more information. Alternatively, find out more here*. Let us take care of it. *T&C's apply- available on selected homes.

Brochures

Site Plan

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

The eligibility criteria for Shared Ownership is simple; as long as you don't currently own, or won't own another property when you move in to a new home, you're likely to qualify.

Your annual household income (that's both yours and your partners' if buying together) can't exceed £80,000 (or £90,000 in London) and you'll need to have savings to cover purchasing costs such as solicitors fees and your mortgage deposit.

There's no fixed minimum income; you just need to be able to afford to buy the home and the monthly costs - this will be established via an affordability.

No - the scheme is designed to help people buy a suitably sized home that they cannot afford to buy otherwise. That typically means first time buyers, but if you've owned a home before and are selling, perhaps due to a divorce or needing to buy a bigger home, and cannot afford to buy, you might be eligible for Shared Ownership.

Disclaimer

Terms and conditions apply. Prices correct at time of publication and are subject to change. Photography and computer generated images are indicative of typical homes by Taylor Wimpey.

Affordability Calculator

Disclaimer

The figures and estimates shown in this calculator should not be relied on as confirmation of affordability and should only be used as an indicative guide to monthly costs. The monthly rental cost is based on 2.75% on the retained equity (subject to change please ask your sales agent). This will usually increase by the annual rate of RPI. The monthly mortgage cost is based on a Variable Rate Mortgage at 5.50% over a 35-year repayment loan. Other costs will apply such as service charge. Sage Homes is not authorised or regulated by the Financial Conduct Authority to provide financial advice. You should always seek advice and recommendations from an independent financial advisor regarding mortgage products, affordability, interest rates, repayment methods and terms and conditions. You should also seek independent legal advice. Your home may be repossessed if you do not keep up payments on a mortgage or any other loan secured against it.

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