Savills | Plot 11, Barn Owl Close, Off Station Road, Reedham, NR13 3TB | Properties for sale | New Developments for sale
829 sq ft(77.02 sq m)
Guide price £157,500

Plot 11Barn Owl Close, Off Station Road, Reedham, NR13 3TB

  • Recently sold

Key features

  • Sold in October 2020
  • In partnership with Broadland District Council
  • 2 bedroom new home
  • Buyer restrictions apply
  • Private garden
  • Two parking spaces

A 75% Shared Ownership home at Barn Owl Close in Reedham from Badger Building.

About this property

  • Plot 11 - 2 bed semi detached 75% shared ownership house.
    (FULL MARKET VALUE £210,000, 75% SHARE £157,500)

    In accordance with the planning permission, priority will be given to prospective buyers who:

    * have a local connection to the Broadland District Council area
    * are unable to purchase a property on the open market
    * has an annual income of no more than £80,000

    The property is being sold as a shared ownership property which means you are not buying the property outright but rather will buy a 75% interest in the property. Upon legal completion, the freehold will be transferred to Asett Homes Ltd who will simultaneously grant to you a Lease of the property which will be for 125 years. There will be included within the Lease an option for purchasers to 'staircase' and purchase the remaining 25% equity from Asett Homes and in doing so acquiring the Freehold.

    Please note that rent is payable on the 25% interest that you do not own and this rent is payable to Asett Homes. The annual rent will not exceed 2.75% of the value of this 25% interest but is subject to increases not exceeding the Retail Price Index published by the Office for National Statistics.

    Current homeowners are not eligible to buy these properties. The property must remain as your sole residence and cannot be sublet without prior permission from Asett Homes.

    Purchasers will need to have been verified by registration with the Help to Buy Agents https://www.helptobuyese.org.uk/help-to-buy/shared-ownership where an online application form can be completed.

    Ground Floor
    Lounge/Dining 4.48 x 4.47m 14'8" x 14'8"
    Kitchen 3.29 x 2.70m 10'9" x 8'10"
    Bedroom 1 4.48 x 3.51m 14'8" x 11'6"
    Bedroom 2 4.48 x 2.72m 14'8" x 8'11"

Local information

  • Located in the rural heart of the Broadland area of Norfolk, Reedham is the idyllic location set on the banks of the River Yare and surrounded by arable farmland and grazing marshes. A small village set in the Broads National Park and ideally placed for access to Great Yarmouth to the east or to the city of Norwich to the west. The village can be one of two sides as during the summer it is used by holiday makers and tourists visiting the Broads as a place to stop over on their boats and in the winter a more peaceful tranquil setting to soak up the crisp mornings and calm water.
  • The village is located roughly 6 miles south of Acle which then connects with the A47 to Norwich and Great Yarmouth. It also gives access to the main northern Broads villages, towns, attractions as well as the North Norfolk coast.
  • The village has its own railway station which connects with Norwich, Great Yarmouth and Lowestoft.
  • Reedham benefits from typical local amenities for a small village. There is a Primary School, Doctors Surgery, Post Office, a Convenience store and a Fish and Chip Shop. Furthermore there are two pubs situated along the riverside and a third pub located at the unusual transport link Reedham Chain Ferry which crosses the river to link up to Beccles, Loddon and the Suffolk Coat.
  • The village has an active Village Hall which hosts a wide variety of groups and clubs for all ages.
  • The village is also home to Pettitts Animal Adventure Park located on the edge of the village. The park is primarily aimed at young families and includes rides, animals and live shows, nearby is the Humpty Dumpty Brewery. The village is also connected to the long distance Wherrymans Way walk so ideal for walks taking in the flat Norfolk landscape and seeking put wildlife which is abundant.

Additional information

  • Benefits of a Badger home
  • With ever rising fuel costs why not reduce your gas and electric bills with the following energy efficient features:
  • High efficiency Mitsubishi EcoDan air source heat pumps foe heating and hot water.
  • Heating systems controlled with thermostatic radiator valves and zoned underfloor heating thermostats.
  • Insulated heating pipework to reduce heat loss.
  • Windows and doors double glazed with Low-E glass and fully draught proofed.
  • 450mm (18'') thick multi layered fibreglass insulation quilt to roof space.
  • High performance insulation to cavity walls.
  • High performance insulation to ground floors.
  • Low energy lighting to all rooms.
  • Compare this to your existing home and realise the benefits!
  • Exceptional Build Quality and Design
  • We employ expert local craftsmen using the highest quality building materials. Our construction techniques are constantly being developed and refined.
  • Outstanding Specification
  • Take a look at our impressive range of features all included as standard.
  • Add Your Personal Touches
  • Choice of kitchen layout, wall tiling and general finishes - subject to stage of construction.
  • Helpful Professional Staff
  • Our friendly, knowledgeable staff offer you well informed assistance and guidance when required.
  • Excellent Security Features
  • Keeping your home safe and secure with multi point locking to front and rear of the property.
  • Minimal External Maintenance
  • Using PVCU windows, guttering, fascia and bargeboards minimising maintenance for years to come.
  • Ten Year New Build Structural Warranty
  • Giving you complete peace of mind.
  • Continued After Sales Care
  • Provided by our dedicated team of on site staff.
  • Directions: Please use NR13 3TB postcode for Sat Nav.
  • EPC Rating = B