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Beech Grove by Legal & General Affordable Homes in Horsford

Sorry, this development is no longer listed on newhomesforsale.co.uk.

 

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The next phase of Shared Ownership homes at Beech Grove will be released soon - prices to be confirmed. Beautiful new homes within the village of Horsford

Beech Grove is a collection of two & three bedroom houses surrounded by stunning countryside.

Built to a high specification throughout, each home has been designed with a modern interior and private rear garden to enjoy the best of summer.

Situated just six miles from Norwich, there are plenty of places to see and explore, from charming seaside resorts to picturesque villages that don't seem to have changed in centuries. Then, when you're done for the day, enjoy a quiet drink in a traditional pub.

Images shown are representative and do not show actual homes at Beech Grove.

Phase 1 Price Breakdown:
  • Full market value: £270,000
  • 40% Share Value: £108,000
  • 5% deposit of 40%: £5,400
  • Rent on unowned share: £378 per month
  • Service Charge: £48 per month

 

Key Features:
  • Zanussi oven, hob & stainless steel chimney hood
  • Paved patio area
  • Turfing to front where applicable and rear garden
  • Two parking bays per property
  • NHBC 10 Year Warranty

 

WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).

ELIGIBILITY CRITERIA:

To be eligible for a home at Beech Grove, you'll need to:

  • Have a combined household income under £80,000 per annum
  • Not already own a property, or part of a property, at the time of completing on your purchase
  • Be unable to purchase a suitable home to meet your housing needs on the open market
  • Have a minimum of £5,000 to cover the costs of buying a home
  • Eligible buyers must also be registered with Help to Buy

 

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

 

Legal & General Affordable Homes