Summary - 27 Austin House, King Street, NORWICH NR1 1FW
1 bed 1 bath Flat
Affordable 40% shared ownership apartment with balcony and excellent transport links.
40% shared ownership — affordable entry to homeownership
Private balcony with views over manicured communal gardens
Short walk to Norwich Train Station, Riverside Retail Park, city centre
122 years remaining on lease — long-term tenure security
Monthly outgoings: £264 rent + £115 service charge (£379 total)
No allocated parking; on-street parking only
Area recorded as high crime and very deprived — consider local context
Purchasers must be approved by Orbit Homes; investors not permitted
This first-floor one-bedroom apartment in Austin House offers an affordable route onto the ladder via 40% shared ownership. The modern open-plan layout and integrated kitchen create an efficient, low-maintenance home for a first-time buyer. A private balcony overlooks well-kept communal gardens and brings extra light to the living space.
The Riverside location is a major convenience: a short walk to Norwich Train Station, Riverside Retail Park and the city centre for shopping, eateries and entertainment. A 122-year lease gives long-term security and the property is connected to mains services with electric heating in place.
Costs are transparent: monthly payments include rent for the remaining share (£264) and a service charge (£115), totalling £379 per month. Note that purchasers must be approved by Orbit Homes and investors are not considered. There is no allocated parking with this unit; on-street parking only.
Be candid about local context: the area records higher crime levels and is classed as very deprived, which may concern some buyers. For those prioritising central riverside access, low upkeep and an entry-level purchase price, this apartment is a practical, well-located option with clear purchase conditions.
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