2 bedroom house for sale
Shopwyke Road, PO20 2AA
Share percentage 40%, full price £330,000, £13,200 Min Deposit.
Share percentage 40%, full price £330,000, £13,200 Min Deposit.
Monthly Cost: £1,134
Rent £454,
Service charge £37,
Mortgage £643*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
Priority will be given to those who live and work in Chichester or West Sussex.
Summary
Final chance to buy at Shopwyke Lakes!
Description
This is your final chance to purchase at Shopwyke Lakes. The last few homes have just been released from our final phase at the highly popular development Shopwyke Lakes.
The final phase offers 1 and 2 bedroom apartments and 2 bedroom houses through our shared ownership scheme, with allocated parking and generously-sized north west facing gardens.
Prices start from £132,000 for a 40% share, based on a full market value of £333,000 for a two bedroom house.
Your estimated monthly outgoings*:
Monthly rent: £453.75
Monthly service charge: £37.33
Total outgoings**: £1,151
Minimum household income: £34,500
10% deposit: £13,000
Shopwyke Lakes offers residents the perfect balance of rural living with all of the amenities of a thriving and vibrant city just a mile to the west. With both outdoor and urban lifestyles well-catered for, Shopwyke Lakes truly is a home for all seasons.
The locale:
Situated on the outskirts of the cathedral city of Chichester
Lakeside settingwith landscaped wooded parklands
Close to the retail park Good road and rail links to London and the south coast
The Hyde difference:
Over 90% customer satisfaction for 9consecutive years
High specification as standard
Contemporary kitchens with integrated appliances
Quality fitted flooring included
999 year lease
Experienced in-house sales team to help you with the process to owning your own home
Option to purchase more shares and own your home outright at any time with shared ownership
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £330,000, £13,200 Min Deposit. Calculated using a representative rate of 4.24%