Available for resale shared ownership, a beautifully presented and modern three-bedroom, end of terrace house in a new development in Southbourne conveniently situated between Emsworth and Chichester.

  

Property description:

The property comprises of a bright private entrance with stairs leading to first floor, a spacious modern fitted kitchen-diner with inbuilt oven & hob, large reception room, two double bedrooms and a single room, a family bathroom and WC, plenty of storage on all floors including loft access. 

The property also benefits from a large mature garden with private access from the kitchen and side gate and allocated parking including visitor parking bays.

 

Length of Lease: Approx. 121 Years

Council Tax Band: Chichester Council – C

Gross Internal Area: 112m2

 

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 pharmacy.
  • Within walking distance to local schools, primary and secondary
  • Good transport links, bus and train access within 0.5 miles and easy access to the A27

 

FINANCIAL INFORMATION

Property Value = £350,000

Percentage Share = 40%

Share Price = £140,000

Monthly Rent = £447.75

Monthly Service Charge = £12.44

Monthly Mortgage Payment = £700 **

Annual Household Income = £41,000 *

 

*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).

 

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give a fair 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.

Contact us now to arrange a viewing:

Call 0345 606 1221 or email info@hydenewhomes.co.uk.  Please ensure you are registered and approved for shared ownership by completing our application at so.hydeform.co.uk/index.

 

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