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New Shared Ownership Homes Offer a Rural Gem for First Time Buyers at Crown Meadows

Shared Ownership Clarion Housing-BRAND NEW AFFORDABLE homes in a picturesque medieval village close to the vibrant city of Norwich are expected to be snapped up by young, growing families and first-time buyers. The Crown Meadows development of 2, 3, and 4-bedroom homes by Clarion Housing will open its show home at the end of June, with the first homes set to be completed in July.

The much-anticipated collection of homes, which has already sparked interest with young couples and families in the area looking to get on the property ladder, is located on a spacious site in the village of Newton St Faith, surrounded by natural open spaces and picturesque walks. Norwich, recently named best place to live in the east according to The Sunday Times ‘Best Places to Live in the UK 2020’ guide, is just a 15-minute drive away and the stunning Norfolk coast can be reached in 35 – minute by car, making these homes ideal for those who want to be both well-connected and make the most of Norfolk’s glorious countryside.

The collection of 25 homes, all available with Shared Ownership, offer attractive prices as well as country charm.  With prices starting from as little as £217,500, buyers can purchase a 40% share for £87,000 with a deposit of £4,300, paying subsidized rent on the remaining share with the opportunity to buy a bigger share of the home with time, until they own it outright.

Jeremy Turnbull, Senior Regional Sales Manager at Clarion Housing Group, said: “With private gardens, and lots of parks and outdoor spaces nearby, Crown Meadows is perfect for those who want a brand-new house with fresh air and space to play, grow, and relax. The affordable shared ownership housing scheme is a unique opportunity to buy a new home in the delightful village of Newton St Faith, which otherwise may just not be an option for so many.”

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Each home has two parking spaces and a private turfed garden. With a fresh contemporary interior, all homes have been designed and built to the highest standards, with quality modern fittings throughout.

Stepping inside, the homes are the perfect blank canvas to create your dream home and make your unique mark, with satin-painted woodwork with walls and ceilings painted in bright white emulsion. All homes have a spacious kitchen and dining area with a separate lounge space, while the 4-bedroom houses enjoy a separate dining area from the kitchen with a very generous lounge for all the family to enjoy. The smart design means all homes have a downstairs toilet and an en-suite in the master bedroom, as well as the main bathroom upstairs.

The kitchens are fitted with Zanussi integrated appliances including a 4-burner gas hob, single oven, and fridge freezer, set against stylish cashmere-coloured kitchen units and dark ash worktops. Meanwhile, a sense of relaxation has been created in the light and inviting bathrooms, which model quality Kohler baths, sinks and toilets, as well as a stylish fitted mirror and modern taps. Both the kitchen and bathrooms feature durable Tarkett Tekstar flooring, while soft carpets line the lounge, hallways, stairs and bedrooms.

Norwich is a thriving cultural centre consistently voted among the best places to live in the UK, known for its remarkable preservation of medieval architecture, half-timbered houses and cobbled streets. It is home to a broad variety of high street names and independent shops, as well as the largest permanent covered market in Europe, and cultural spots including theatres and museums.

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However, for your day-to-day needs, Newton St Faith and the wider north Norwich area have an excellent range of amenities including a Post Office, a doctor’s surgery, a selection of inviting pubs, and a choice of supermarkets. Schools in the local area are rated highly by Ofsted for pupils of all ages.

For travel abroad, Norwich airport is under five-miles away.  Offering flights to tempting holiday destinations including Corfu, Ibiza, Lake Como and Majorca, residents at Crown Meadows will be well placed to take advantage of the easing of lockdown rules on travels overseas.

The lower deposit level required with the shared ownership scheme means buyers need only put down a deposit on the share they purchase and not the full market value of the property. Shared ownership also means you can become a homeowner with a lower level of savings than if you were to buy the same home outright. Shared owners can choose to buy additional shares of their property as and when they can afford to, right up to 100%.

Due to enhanced Covid-19 safety measures, Clarion Housing Group is welcoming viewings by appointment only and adhering to government guidelines to ensure the safety of both potential buyers and staff.  Prices at Crown Meadows start at £217,500 for a two-bedroom home. For more information or to arrange a viewing please visit https://www.sharetobuy.com/developments/3057/ or call 0300 100 0309.

Property & Development Magazine