2 bedroom house for sale
Taylors Copse, Fishbourne, PO19 3FD
Share percentage 50%, full price £325,000, £16,250 Min Deposit.
Share percentage 50%, full price £325,000, £16,250 Min Deposit.
Monthly Cost: £1,357
Rent £410,
Service charge £122,
Mortgage £825*
Calculated using a representative rate of 4.64%
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 two-bedroom, two storey, semi-detached house with off street parking in West Sussex.
Description
Property description:
The properties ground floor comprises a fitted kitchen/dining area with integrated appliances, living room, ground floor W/C and cupboard storage. The first floor comprises two bedrooms, master bedroom includes ensuite, a family bathroom with shower over bath and a hallway storage cupboard.
The property also benefits from access to a private garden with shed storage and a double driveway.
Applications will only be accepted from those who have a live/work/family connection to the following location: Parish of Fishbourne or Bosham.
Those may enquire on the waiting list for Chichester.
Lease: Commenced 2016 with 125-year term
Staircasing restricted to 80%
Council Tax Band: Chichester Council - C
Approx. Gross Internal Area: 886sq.ft.
FINANCIAL INFORMATION
Property Value = £325,000
Percentage Share = 50%
Share Price = £162,500
*Monthly Rent = £410.29
*Monthly Service Charge = £121.50
**Monthly Mortgage Payment = £830.00
***Annual Household Income = £49,000
*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
LOCAL AREA INFORMATION
· Local community centre with clubs and sport facilities within half a mile. Large supermarket and petrol station within 1 mile. Local dentist within village.
· 1.8 miles from city centre with Cathedral and main high street with major brands, banks and attractions. Also on outside of main city of Chichester are industrial estates.
· Walking distance to local open grounds such as fields, walks and communal garden areas. Also within 10 miles of south coast sea fronts.
· Local primary school within half mile. Local high school within a mile and a half with further 4 primary schools and 2 high schools in the main city centre.
· Local train station within half a mile, main station within 2 miles. Location just off main bus route. Location just off main A27 main road to Brighton and Portsmouth.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
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 50%, full price £325,000, £16,250 Min Deposit. Calculated using a representative rate of 4.64%
