Hubbards Loke, Norwich 2 bed terraced house for sale

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Hubbards Loke, Norwich 2 bed terraced house for sale

Hubbards Loke, Norwich
£105,000

Our Summary

  • There is potential to increase your share in the future through a process called staircasing with the rent adjusted to reflect this

Description

This shared ownership property is a well-presented two-bedroom semi-detached home located in the sought-after area of Lenwade. The property offers a spacious entrance hall, cloakroom, kitchen, and a 15ft lounge/diner with French doors leading to the rear garden. The first floor features two double bedrooms with fitted wardrobes and a separate family bathroom suite. The property benefits from two parking spaces and a low-maintenance garden, and is within walking distance to the village center, shops, and local amenities. The property is available for sale on a 50% share basis, with a purchase price of £105,000 and a monthly rent of £275.86, which includes service charges and buildings insurance. The property is on a 99-year lease from 2014, and buyers must meet certain criteria to be eligible for shared ownership, including annual income of less than £80,000 and not being a current homeowner.