2 bed bungalow for sale

Thieves Bridge Road, Watlington, King's Lynn, Norfolk PE33

Launch event
Saturday 29th November 10:00-11:00. Strictly by appointment only. Call Abbotts Downham Market to register today!

Shared ownership Two bedroom semi bungalow available to purchase a 75% share at £198,750, maximum amount available to purchase initially is 75%. Full market value £265,000.

Beautiful High-Spec Two Bedroom Semi-Detached New Build Bungalow – Watlington, Norfolk

Located in the desirable village of Watlington, this stunning two-bedroom semi-detached new build bungalow has been finished to an exceptional standard throughout and is fully ready to move into. Designed with efficiency, comfort and modern living in mind, the property offers a high-specification interior alongside impressive eco-friendly features.

As you approach the property, a neatly presented front garden sets a welcoming tone. Stepping through the entrance door, you are greeted by a bright entrance hallway complete with a heavy-duty permanent entrance mat-both practical and stylish. From the hallway, you have access to two well-proportioned bedrooms, the contemporary family bathroom, and the spacious lounge.

The lounge provides a generous and comfortable living space, with direct access to the rear garden. Just off the lounge is the modern fitted kitchen, equipped with a range of wall and base units, an integrated oven, hob, and fridge/freezer, as well as a dedicated space for a washing machine. The layout offers convenience and functionality, ideal for day-to-day living or entertaining.

Internally, the home features quality carpeting in the hallway, bedrooms and living areas, while the kitchen and bathroom benefit from attractive wood-effect vinyl flooring for durability and easy maintenance.

Externally, the property continues to impress with parking available for two vehicles, plus visitors parking across the site, There is a paved patio area in the rear garden, side access gate. The gardens will be turfed prior to completion. An EV charging point, pv panels and a Joule Samsung air source heat pump-ensuring exceptional energy efficiency and lower running costs.

A perfect opportunity for those seeking a modern, energy-efficient home in a sought-after Norfolk location.

Location:
Nestled just 8 miles south of King’s Lynn and close to the market town of Downham Market, Watlington is a charming Norfolk village offering the perfect blend of countryside living and modern convenience.

The village benefits from a mainline rail link to King’s Lynn, Cambridge, and London King’s Cross, ideal for commuters and weekend getaways. Local amenities include a doctors’ surgery with pharmacy, a well-regarded primary school, post office, village store, social club, and a welcoming pub with restaurant. Residents also enjoy a traditional fish and chip shop and the historic Church of St Peter and St Paul, adding to the village’s character and sense of community.

Whether you're looking for a peaceful retreat or a well-connected base, Watlington offers an exceptional lifestyle in a sought-after location.

Freebridge Community Housing are offering a unique opportunity to live in Watlington through Shared Ownership. Thanks to this scheme, you can get on the property ladder with a lower deposit than is require to buy outright or with other buying schemes..

Financial Breakdown

Full market value: £265,000
75% share value: £198,750
Rent charged on the unowned share: 2.75%
Rent on unowned share (25%) : £151.82 per month

What is Shared Ownership?

If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 10% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Please contact Abbotts Downham Market to see if you qualify for shared ownership.

Agent note
Please note the listing price shown of £91,000 is a 35% share (total open market value being £260,000) £387.29 pcm is payable on the remaining share. This property can be purchased at a minimum share of 10% and a maximum of 80%. Purchasers can only staircase to 80% ownership (fees may apply). Rent will be payable on the remaining share (for example; a 25% share will equate to £466.88 per month, a 75% share will equate to £148.96 per month). The % share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial qualification. Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.

*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change. Please ask the branch for further details. Property is available handed too so the description may vary as handed.