Shared Ownership

This brand new home is available to buy from as little as £140,000 with a 50% share!

Welcome to Castleton Grange – A Perfect Place to Call Home

Tucked away on the northern edge of the historic town of Eye, Castleton Grange offers the perfect blend of countryside charm and everyday convenience. Whether you're walking or cycling, everything you need is close to home – from two friendly Co-op stores and a cosy café to an artisan bakery, a traditional butcher, and even a much-loved local hardware shop. The town also hosts a weekly mini farmers' market, perfect for picking up fresh, locally sourced goodies.

Eye and the surrounding villages are known for their warm community feel and excellent selection of pubs and restaurants, where locally grown ingredients take centre stage. Nearby favourites include The Auberge, The Oaksmere, and The White Hart – all just a short five-minute drive away.

For fresh air and family fun, the Town Moors recreation area is right on your doorstep, offering play areas, a skate park, football pitches, and peaceful woodland walks to enjoy at your own pace.

Well Connected and Ready for Life’s Next Chapter
Castleton Grange is just a short drive from Diss, where you’ll find bigger supermarkets and a train station with direct services to London and surrounding towns. You’re also within easy reach of Bury St Edmunds, Ipswich, and Norwich – all under an hour away by car. And for those weekend escapes, the stunning Suffolk Coast and Heaths Area of Outstanding Natural Beauty is just 45 minutes to the east.

Your New Home Awaits
This beautifully designed mid-terrace home is perfect for first-time buyers, offering both comfort and practicality. The ground floor features a spacious kitchen/diner ideal for entertaining, a separate lounge to relax in, and a handy downstairs cloakroom. Upstairs, you'll find two well-proportioned bedrooms – including an en suite to the main – plus a versatile study or nursery room and a modern family bathroom.

Outside, enjoy the privacy of your own enclosed garden^ and the ease of allocated parking.

With shared ownership, stepping onto the property ladder at Castleton Grange is more achievable than ever. Discover a place where you can grow, thrive, and feel truly at home.

PRICING & AFFORDABILITY

Approximate Size 811 sq ft

Full Market Value: £280,000

25% Share Price: £70,000 (rent £481.25pcm)
50% Share Price: £140,000 (rent £320.83pcm)
75% Share Price: £210,000 (rent £160.42pcm)

Minimum 5% Mortgage Deposit (25% share): £3,500
Approximate Service Charges: £58 pcm*
Shared Ownership Lease: 990 years
Council Tax Band: TBC

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Castleton Grange you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

^ The gardens are Castleton Grange are not turfed and will be the responsibility of the buyer to turf their own garden should they wish.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Service Charge: 696.