-
Price: 25% to 70% shares available
-
Bedrooms: 2 - 3
-
Address: Diss Road, Botesdale, Suffolk, IP22 1FP
![The Property](/media/nz0pyvrr/the-property.jpeg?width=650&height=390&quality=75&v=1dacd5c588b7230)
![The Property](/media/bfpkowud/the-property.jpeg?width=650&height=390&quality=75&v=1dacd5c5876ffd0)
![Lounge](/media/oexog2yq/lounge.jpeg?width=650&height=390&quality=75&v=1dacd5c58072700)
![Kitchen](/media/bxzp2fha/kitchen.jpeg?width=650&height=390&quality=75&v=1dacd5c582e5e10)
![Bathroom](/media/o2zjf1y4/bathroom.jpeg?width=650&height=390&quality=75&v=1dacd5c58493910)
![Rear Garden](/media/tuififrq/rear-garden.jpeg?width=650&height=390&quality=75&v=1dacd5c5861a310)
The properties on the development benefit from contemporary kitchens, good sized bedrooms and off road parking, plus fenced and turfed private rear gardens.
All shared ownership houses have a B- EPC rating, with double glazing and air source heat pumps as standard.
Total open market values are £290,000 for the two bed detached house, £350,000 for the three bed. The minimum share that can be purchased is 25% and a maximum of 70%. Purchasers can staircase to 100% ownership (fees may apply). Rent will be payable on the remaining share (for example; a 50% share of a two bed, will equate to £332.29 per month, further examples below. The % share and rent amount will change depending on the amount you can afford.
Share Purchase Price & Rent Examples |
||
The share purchase price is calculated using the full market value (£290,000 ) and the percentage share purchased.
If you buy a 50% share, the share purchase price will be £145,000 and the rent will be £332.29 a month.
If you buy a larger share, you’ll pay less rent. The table below shows further examples.
|
||
Share |
Share Purchase Price |
Monthly Rent |
25% |
£72,500 |
£497.29 |
30% |
£87,000 |
£465.21 |
40% |
£116,000 |
£398.75 |
50% |
£145,000 |
£332.29 |
60% |
£174,000 |
£265.83 |
70% |
£203,000 |
£199.38 |
The percentage share and rent amount will change depending on the amount you can afford. You’ll receive a worked example after a financial assessment.
Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by Saffron Housing.
|
Saffron Housing Trust is a housing association based in South Norfolk with over 6,500 homes in Norfolk, Suffolk and across East Anglia.