Broadland Fields in Thorpe St Andrew
by Legal & General Affordable Homes
1 & 2 bedroom apartments and 3 bedroom houses
£46,250 - £57,500 for a 25% share
(£185,000 - £230,000 Full Market Value)
Norwich, Thorpe St Andrew, Norfolk, M16 0RA
Do you want to see site plans, house types and floorplans?
You can see all of this and much more by requesting the development brochure. Simply complete the short form below.
Discover Broadland Fields
A stunning collection of contemporary 1 & 2 bedroom apartments available for Shared Ownership. Located on the edge of Norwich, north of Postwick, close to the River Yare, this new community offers the perfect place to put down roots in a home of your own.
Your new home at Broadland Fields has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances and ample workspace to show off your culinary skills. Finished to a high specification, every home has space for a home office helping you strike the perfect work-life balance.
Benefitting from a superb range of nearby amenities, including local pubs, schools, restaurants and sports clubs, you'll never be bored at Broadland Fields. And you'll have all the facilities of a major city - including excellent shopping - on your doorstep. Whether you're heading into Norwich for a big night out, or enjoying a boat ride along the Norfolk Broads, this is a location that offers the best of town and country.
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.
The next phase of homes at Broadland Fields are ready to move into this Summer.
Financial Breakdown:
- Full Market Value: £185,000 - £230,000
- 25% Share Value: £46,250 - £57,500
- 5% deposit of 25%: £2,313 - £2,875
- Rent on unowned share: £318 - £395 per month
- Service Charge: £146.80 - £190.2 per month
- Council Tax: TBC*
Current Phase Key Features:
- Zanussi integrated gas hob with glass splashback, electric oven & stainless steel cooker hood
- Zanussi integrated fridge freezer & dishwasher
- Zanussi washing machine
- 1 bedroom homes: one parking bay
- 2 & 3 bedroom homes; two parking bays plus garage to selected plots
- 4 bedroom houses; three parking bays to plot 54, minimum two parking bays and a garage to all other 4 bedroom plots
- Houses have turfed rear gardens, a paved patio area and garden storage
- NHBC 10 Year Building Warranty
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
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).
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:To be eligible for a home at Broadland Fields, 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.
*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.
Exterior image of homes at Broadland Fields has been edited for visual purposes and is indicative only. Please speak with a Sales Consultant for full information. Interiors CGI's are taken in an actual 4 bed house.
Example Shared ownership share price options
The following table shows examples of the share price range of this development at various share points
| Share | Lower price | Upper price |
|---|---|---|
| 25% share | £46,250 | £57,500 |
| 30% share | £55,500 | £69,000 |
| 35% share | £64,750 | £80,500 |
| 40% share | £74,000 | £92,000 |
| 45% share | £83,250 | £103,500 |
| 50% share | £92,500 | £115,000 |
| 55% share | £101,750 | £126,500 |
| 60% share | £111,000 | £138,000 |
| 65% share | £120,250 | £149,500 |
| 70% share | £129,500 | £161,000 |
| 75% share | £138,750 | £172,500 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.