Lillywhite Road, Westhampnett, West Sussex, PO18 0SQ

Available through a shared ownership resale scheme, a beautifully presented, bright and spacious one bedroom, first floor apartment located in a quiet residential area of Westhampnett, close to Chichester.

  

Property description:

The property comprises of a bright communal entrance with phone entry system, open plan living/dining room area, modern fitted kitchen with inbuilt oven & hob, large double bedroom, bathroom with walk-in shower and two large storage cupboards in the hallway.

The property also benefits from access to a well-maintained communal garden, a bike shed allocated parking.

 

Length of Lease: Approx. 113 Years

Please note, under the terms of the lease staircasing is restricted to 80%

Council Tax Band: Chichester Council Tax Band – B

Gross Internal Area: 52m2

 

LOCAL AREA INFORMATION

• Quiet residential area of Westhampnett close to Chichester

• Chichester Town Centre is located 1.9 miles from the property and offers a wide variety of shops, restaurants, entertainment and other amenities

• Direct bus service to and from Chichester Town Centre

• Chichester Train Station is located 2.4 miles from the property and offers direct services to; London, Southampton, Brighton and Portsmouth

• Easy access to the A27 providing a direct route to the motorway network

 

FINANCIAL INFORMATION

Property Value = £185,000

Percentage Share = 25%

Share Price = £46,250

Monthly Rent = £355.53 from 1st April 2021*

Monthly Service Charge = £98.96 from 1st April 2021*

Monthly Mortgage Payment = £231 **

Annual Household Income = £23,000 ***

 

*Please note the rent and service charge is reviewed annually on the 01 April.

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

***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 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:

Please call the Sales Team on 0345 606 1221 and provide the following information:

Your Contact Number/Email

Your Hyde New Homes or Help to Buy reference number**

Your Deposit for the mortgage

If it is a Single/Joint application (if married it must be joint)

Your Current salary (single/Joint where applicable)

Do you have any children? If so, how many?

Do you own any pets? If so, what?

Are you a current homeowner?

**To obtain a Hyde New Homes Reference number, visit https://so.hydeform.co.uk/ to register and complete the online application.  A reference number will be emailed to you once the application is completed.  If you have a Help to Buy reference number, we will accept this as well.

 

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