My new homes Login

Watton Meadows by Legal & General Affordable Homes in Watton

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

 

View all current developments in Watton

Final 3 bed home now available!
 Walk right into Watton Meadows 

A stunning collection of new 3 bedroom houses available with Shared Ownership in Watton, Norfolk 

Living at Watton Meadows means you will reside close to a thriving market town with a wonderful heritage. Built to the highest standards and cleverly designed to blend with the local architecture, the homes offer the perfect mix of charm and modern living. Beautifully designed with your lifestyle in mind, you will immediately feel at home in the bright and well-proportioned open plan living areas.  

With essential amenities on your doorstep and the picturesque Norfolk countryside nearby, Watton Meadows is the perfect retreat after a long day. With great transport links and connections to Norwich, Thetford and Cambridge, this is the place to be.  

Legal & General Affordable Homes is offering a unique opportunity to purchase a home here through Shared Ownership, allowing you to own your new home with a lower deposit than is required to buy outright or with other buying schemes. 

Final home at Watton Meadows will be ready to move into from Summer 2023

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

Financial Breakdown:

  • Full Market Value: £255,000
  • 40% Share Value: £102,000
  • 5% deposit of 40%: £5,100
  • Rent on unowned share: £351
  • Service Charge: £65.26 per month
  • Council Tax: TBC* 

 

Key Features:

  • Zanussi stainless steel multi function oven, hob & chimney hood
  • Paved patio area
  • Turf to rear garden
  • Two parking bays per property
  • NHBC build 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 Watton Meadows, 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

 

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.

NB:  Exterior images are from another development and are indicative only of the Two & Three bedroom house types. External finishes may vary, such as brick colour / render finishes / windows etc. Roof lines may also vary.

*Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.

Legal & General Affordable Homes