3 bedroom house for sale
Liberator Place, PO19 7BQ
Share percentage 45%, full price £380,000, £17,100 Min Deposit.
Share percentage 45%, full price £380,000, £17,100 Min Deposit.
Monthly Cost: £1,501
Rent £572,
Service charge £47,
Mortgage £882*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Available through our resale shared ownership scheme, a three-bedroom, two storey, end-terrace house in Chichester.
Description
The property ground floor comprises a fitted kitchen with standalone appliances, reception room, a W/C and spacious under-stair storage. The first floor comprises three bedrooms, master bedroom with ensuite and balcony, a family bathroom with shower over bath and a hallway storage cupboard.
The property also benefits from new carpets and flooring throughout, access to private rear and front gardens, rear garden with side-gate access and shed storage and allocated off-street parking with the option for permit parking.
Lease: Commenced 2016 with 125-year term
Council Tax Band: Chichester Council - D
Approx. Gross Internal Area: 879sq.ft.
FINANCIAL INFORMATION
Property Value = £380,000
Percentage Share = 45%
Share Price = £171,000
*Monthly Rent = £572.27
*Monthly Service Charge = £46.92
**Monthly Mortgage Payment = £874
***Annual Household Income = £54,000
*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced.
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
Key Features
- Chichester Station provides direct rail services to Portsmouth, Bognor and Arundel in under half an hour, while Brighton and Southampton can be reached in less than an hour. Services to London Victoria and London Waterloo take around 1 hour 30 minutes and 1 hour 45 minutes respectively.
- Chichester city centre, approx. a 10-minute walk away, is packed with quaint side streets, various eateries, shops, galleries and museums to enjoy at your leisure and boasts the magnificent cathedral and historic market.
- Portfield Primary Academy and March C of E Primary School lie less than two miles from the property. Additional local schools include the Prebendal School, Bishop Luffa School, Chichester High School for Girls, and Chichester High School for Boys. Private education can be found at the independently run preparatory and boarding Westbourne House School, with further education that can be pursued at Chichester College or the highly acclaimed University of Chichester.
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 45%, full price £380,000, £17,100 Min Deposit. Calculated using a representative rate of 4.80%
