Available through our resale shared ownership scheme, a three-bedroom, end of terrace House in Emsworth.
The property comprises a private entrance, open plan kitchen and reception, three storage spaces including understairs storage, three bedrooms, family bathroom with shower over bath and a W/C.
The property also benefits from access to a private rear garden with shed and allocated parking.
Lease: Commenced 2016 with 125-year term
Council Tax Band: Chichester Council – C
Gross Internal Area: 1054.9sq.ft.
LOCAL AREA INFORMATION
• Emsworth offers a stunning harbourside location, good restaurants and a sense of escape.
• The property is within reasonable access of local amenities including the village library, local sports centre, hairdressers, shops and a pharmacy.
• Within walking distance to local primary and secondary schools.
• Good transport links, bus and train access within 0.5 miles and easy access to the A27 and A3.
FINANCIAL INFORMATION
Property Value = £350,000
Percentage Share = 40%
Share Price = £140,000
*Monthly Rent = From 01 April £551.42
*Monthly Service Charge = From April 01 £49.22
**Monthly Mortgage Payment = £736.00
***Annual Household Income = £45,000
*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 (approximately every 5% extra deposit reduces the salary required by £1,200).
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.
