Enjoy impressive city views reaching across to Norwich Cathedral from this stylish first-floor apartment in the heart of the Riverside district. Offered as a 25% shared ownership opportunity, this home is perfectly suited to first-time buyers looking to step onto the property ladder.
Inside, the property features a welcoming entrance hall with built-in storage, a spacious double bedroom, and a sleek bathroom with modern finishes and practical storage. The open-plan kitchen and living area provides a bright, neutral space ideal for cooking, relaxing, and entertaining. Dual-aspect windows flood the room with natural light, while patio doors open onto a private balcony showcasing elevated views of the city skyline.
Seasonal parking permits are available at nearby car parks, offering flexibility for those with vehicles.
Fox House is located in Norwich’s popular Riverside area, just a short 10-minute walk from Norwich Train Station with direct links to London and beyond. The Riverside Retail Park offers shopping, restaurants, and leisure facilities including a cinema, all within easy reach.
Less than a mile from the city centre, residents can enjoy historic landmarks such as Norwich Castle and the lively Norwich Market, alongside cultural attractions, independent cafés, and shops. With scenic riverfront walks, communal gardens, and striking views towards the cathedral, Fox House combines modern living with an enviable city lifestyle.
The seller is offering a 25% leasehold share of the property. Orbit is the freeholder, and the buyer will be required to pay rent on the remaining 75% share, together with a small buildings insurance charge and, where applicable, a service charge.
To qualify for Shared Ownership, buyers must meet the Government’s eligibility rules. Household income must be £80,000 or less, and applicants should be first-time buyers (or someone who has previously owned but cannot currently afford to buy outright). Existing shared owners must sell their current Shared Ownership home before purchasing. The property must also be the buyer’s main residence and cannot be sublet.
The property has been independently valued by an RICS valuer in line with Homes England regulations, and offers cannot exceed the set valuation.
Purchasers will be required to complete an Orbit application form and provide evidence of affordability, including ID, payslips, savings, and a mortgage certificate from their Independent Financial Advisor. A copy of the mortgage offer (if applicable) must also be submitted for Orbit’s approval. A Homes England affordability assessment will form part of the process.
The minimum household income required for this purchase is £22,238, though this may vary depending on deposit size and financial commitments.
It may be possible to purchase up to 100% ownership through the staircasing process, although this would involve additional legal costs.
Rent: £352.37
Service charge: £141.51
Ground rent: £15.20
Total payable: £506.38 PCM
Sold Leasehold / Shared Ownership
Remaining Lease: approx. 120 years
Orbit is the freeholder and retains a 75% share
