The Ostlers
Norwich, Norfolk NR13 6NR
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Next Release Winter 2024
Traditional 2 & 3 Bedroom Houses in a rural location in Norfolk
Overview
Floor plans
Local area
Map
Affordability guide
Overview
Current Phase Now Fully Reserved. Next Release of 2 & 3 Bed Houses Winter 2024 – prices & details to be confirmed.
The Ostlers welcome you home
A charming collection of beautiful 2 & 3 bedroom Shared Ownership homes available in Rackheath, Norwich.
With its open countryside and long coastline, Norfolk is a great place to live and the new community at The Ostlers offers an excellent opportunity to get onto the housing ladder in a beautiful, rural location.
Each home is attractively designed in a traditional style and provides everything you need for contemporary living. There are two local villages on your doorstep, as well as the village of Rackheath which offers a choice of shops, restaurants, schools, pubs and medical facilities nearby.
Your new home will be surrounded by open farmland, woodlands, parks and public gardens as well as nearby to the unique beauty of the Broads just a mile down the road. Whether boating, walking, cycling or seeking a glimpse of the local wildlife, you’ll never be short of new things to explore.
Norwich is a thriving city with a magnificent cathedral, historic castle and charming streets filled with intriguing boutiques. There’s a great range of bars and restaurants, together a cinema, theatre, live music venues, galleries and, of course, a famous football team.
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.
The next phase of Two & Three Bed homes at The Ostlers will be available to move in from Winter 2024. For details and registrations – please re-visit Autumn 2024.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
Eligibility Criteria
To be eligible for a home at The Ostlers, you'll need to:Have a gross household income of no more than £80,000 per annum
Be unable to purchase a suitable home to meet your housing needs on the open market
Not already own a home or you will have sold your current home before you purchase
Explore the highlights of The Ostlers
Stainless steel multi-function oven, gas hob and stainless steel chimney hood
Paved patio area
Turf to rear garden with 1.8m high timber fencing
Shed
Two parking bays per property
NHBC 10 year build warranty
Floorplans
Explore the layout of The Ostlers
Select Bedrooms
Select Plot Number
Local area
From The Norfolk Broads to Beaches
Living at the Ostlers, you will be well placed for a variety of routes across Norfolk and beyond. From nearby Salhouse Station there are regular trains to Norwich, Cromer and Sheringham. The Norwich service takes just 13 minutes and, from here, you can get to Ipswich in 40 minutes and London Liverpool Street in 1 hour 54 minutes.
The village has good bus services too and you have an easy road connection right into the centre of Norwich. The A47 is easy to access, linking you with destinations throughout East Anglia, the M11 and national motorway network.
Norwich also has an international airport, with flights to destinations across Europe. Yet, with the Norfolk Broads so close by, perhaps the perfect mode of travel is by boat, quietly cruising the waterways and looking for a glimpse of a water vole among the reeds.
The Norfolk Broads National Park is just a short distance away. This rich tapestry of water, skyscapes and wildlife is the perfect place to spend a lazy summer’s day. East Anglia is a wonderful part of the country. There are heritage railways and royal palaces, magnificent views and ancient forests. You’ll have every type of seaside you could wish for – from the bright lights of Great Yarmouth’s Golden Mile to the crab restaurants of Cromer and the quiet beaches in between where you can walk for miles and see more seals than humans.
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Nearby amenities
Children's Nursery
1 mile
Primary School
1.2 miles
GP Surgery
1.5 miles
Supermarket
2.1 miles
Sprowston Manor Golf Course
2.1 miles
Salhouse Train Station
2.4 miles
Little Plumstead Hospital
3.3 miles
Leisure Centre
3.9 miles
Map
Explore the location of The Ostlers
Display local points of interest
Schools
Transport links
Restaurants and bars
Leisure facilities
Shops
Parks
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Affordability guide
Estimate Household Income
When looking for your new home, it’s important to understand what you can afford. To help get an idea of the estimated affordability for a home on this development, you can apply the 45% net income approach. In simple terms, this means that a household should not spend more than 45% of their household income to pay for their mortgage, rent and service charge.
As a rough estimate, the graphics above suggests the household income required to purchase; however, people with a lower income may be able to secure a property if they have a larger deposit. (i.e. if you have a larger deposit saved, where you have higher savings, your household income can be lower than the figure quoted above).
How it works
Shared Ownership is a government-backed scheme which allows first-time buyers – or those who do not currently own a property – the opportunity to purchase a home at a more affordable price.
The Shared Ownership scheme is simple – you buy an initial share of between 40% and 75% of the homes full value and pay a subsidised rent on the remainder.
You may purchase further shares (up to 100%) as your circumstances change, should you choose to.
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