1 bedroom apartment for sale

Available

Shopwyke Road, PO20 2AA

£86,000 · Shared Ownership New Build

Share percentage 40%, full price £215,000, £8,600 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
£86,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £215,000, £8,600 Min Deposit.

Monthly Cost: £809
Rent £296, Service charge £94, Mortgage £419*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

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Eligibility

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.

Prices start from £86,000 for a 40% share, based on a full market value of £215,000 for a one bedroom apartment.

Your estimated monthly outgoings*:
Monthly rent: £295.63
Monthly service charge: £93.95
Total outgoings**: £820

Minimum household income: £22,000
10% deposit: £8,600

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
Chichester (1.58 miles) Fishbourne (Sussex) (2.94 miles) Bosham (4.32 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£86,000
Shared Ownership New Build
Estimated Monthly Cost:£809
Rent £296
Service Charge £94
Mortgage £419

Share percentage 40%, full price £215,000, £8,600 Min Deposit. Calculated using a representative rate of 4.24%


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Shopwyke Lakes
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.