These attractive new-build homes have been thoughtfully designed for modern living, combining style, comfort, and energy efficiency. Finished to a high specification throughout, each home is ready to move into and enjoy from day one.
With shares available to purchase from 10% to 75%, Shared Ownership offers a more affordable route onto the property ladder.
All homes benefit from a 990-year lease, with selected plots offering the opportunity to staircase to full ownership in the future.
The share purchase price is calculated using the full market value (£240,000) and the percentage share purchased.
If you buy a 30% share, the share purchase price will be £72,000 and the rent will be £385.00 a month.
If you buy a larger share, you’ll pay less rent (see examples below).
Share: 10%
Share purchase price: £24,000/ monthly rent: £495.00
Share: 25%
Share purchase price: £60,000/ monthly rent: £412.50
Share: 30%
Share purchase price: £72,000/ monthly rent: £385.00
Share 40%
Share purchase price: £96,000/ monthly rent: £330.00
Share 50%
Share purchase price: £120,000/ monthly rent: £275.00
Share 60%
Share purchase price: £144,000/ monthly rent: £220.00
Share 70%
Share purchase price: £168,000/ monthly rent: £165.00
Share 75%
Share purchase price: £180,000/ monthly rent: £137.50
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.
For more information, please contact:
Abbotts Downham Market
16 Bridge Street, Downham Market, Norfolk, PE38 9DH
T: 01366 383456
E: [email protected]
Sales are subject to applicants meeting Shared Ownership eligibility and sales criteria. Restrictions and fees may apply. Contact Abbotts for further details.