Summary - Donegal Road, Thetford, Norfolk IP24 2GH
2 bed 1 bath Semi-Detached
New-build two-bed shared-ownership home with solar panels and parking — ideal for first-time buyers.
New-build two-bedroom semi-detached home with modern kitchen and solar panels
Price shown: 40% share £102,000 (full market value £255,000)
Monthly rent on 40% share £350.63; service charge c. £61.52/month
Long lease (990 years) but property is leasehold/shared ownership
Allocated off-street parking and private garden included
Open-plan living/diner with spacious bedroom proportions
Other share options available from 25% to 75% (staircasing possible)
Shared-ownership rules may restrict subletting and include nomination periods
A brand-new two-bedroom semi-detached home on Donegal Road, Thetford, offered through shared ownership with Havebury Housing. The property is contemporary in design with a modern L-shaped kitchen, open-plan living/diner and energy-efficient features including solar panels — suited to first-time buyers seeking low-running costs and new-build convenience.
The price shown is for a 40% share (£102,000) of a full market value of £255,000; other share options are available from 25% to 75%. Monthly outgoings on the 40% share include rent of £350.63 and a service charge of approximately £61.52 (annual service charge c. £738.24). The lease length is long (990 years) and allocated off-street parking and a private garden are included.
Shared ownership delivers a lower deposit and mortgage requirement than buying outright and allows staircasing to purchase higher shares over time. Buyers should note the property is leasehold and subject to shared-ownership terms — this can include landlord nomination periods and rules on subletting and pets, and staircasing/legal costs when increasing ownership.
This home is best for first-time buyers or those moving on to the property ladder who want new-build energy efficiency and modest running costs, while accepting the restrictions and ongoing charges that accompany shared ownership.
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