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2 bed apartment in Littlehampton

Arundel Road, Little Hampton, Littlehampton, West Sussex, BN17 7DH

Available Now

Full price £185,000 / minimum share £64,750 (35%)

Available Now - 2 Bed Apartment in Littlehampton

Affordable housing scheme: Shared Ownership (Also known as part buy part rent, you purchase a share of a brand new property and rent the remainder from the housing provider. The price shows the minimum share available, and the size of the share you purchase will depend on what you can afford.)

Budget calculator

Estimated total monthly cost£618

(includes: rent£276,

service charge£18,

estimated mortgage£324)

Arundel Road is a superb new development of modern 2 and 3-bedroom homes in Littlehampton, available for Shared Ownership. Situated in a beautiful West Sussex seaside resort with excellent transport links throughout the South East, our range of houses and apartments has something for everyone – singles, couples and families.

 Offering the best in design, Arundel Road homes feature contemporary interiors with high-quality fittings and finishes as standard. Economical, energy-efficient design is an integral feature, ensuring a minimal impact on both your budget and the environment. All our homes are designed to maximise light and space, improving your quality of living and providing room for everything you need.

Price List Property Brochure EPC Certificate

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Eligibility

What is Shared Ownership?

Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under the Shared Ownership scheme, you buy a share of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can buy more of the property until you own 100%.

You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.

Shared Ownership

Am I eligible?

There are certain conditions to be eligible for a Shared Ownership property:

  1. Your annual household income must be no more than £80,000
  2. You must be unable to purchase a home suitable for your needs without assistance.
  3. You must be able to demonstrate a connection to the local area of the development
  4. You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
  5. You must have access to a minimum of £3,500 to cover legal and mortgage costs.
  6. Applicants must be registered with the Help to Buy Agent, Help to Buy East and South East at http://www.helptobuyese.org.uk

• You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible. If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. You ill also be asked to complete an application form with the local Help to Buy agent. Sometimes you may need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property

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.

  • Fitted Kitchen
  • Built-in wardrobe to master bedroom
  • One parking spaces per property
  • Each property will benefit from gas-fired central heating
  • Littlehampton train station is within walking distance providing regular services to Chichester, Portsmouth Harbour and Brighton.
  • There is a good road network close by with access to the A259 coastal road and the A27. There are also a number of bus routes to Portsmouth, Chichester, Arundel and Brighton city centre along the A259.

Please note: These prices are to be used as a guideline only as they may change.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Share to Buy Ltd is authorised and regulated by the Financial Conduct Authority. FCA register number 306800. You can find more detail on our status in our Initial Disclosure Document [109k] and Terms of Business.

For further information, contact us or write to: Share to Buy, PO Box 11998, Sudbury CO10 3BS. Registered in England and Wales no: 04909788.