The property comprises of a bright secure communal entrance with phone entry system, open plan living/dining room area linking to the modern open plan fitted kitchen with integrated appliances, double bedroom with built in wardrobe, second double bedroom, family bathroom with shower over bath.

 

The property also benefits from access to a well-maintained communal garden and an allocated parking space.

 

Length of Lease: Approx. 995 Years

Council Tax Band: Chichester Council – B

Gross Internal Area: 49m2

 

LOCAL AREA INFORMATION

  • Ideally placed for everything the South Downs National Park and Sussex coast have to offer.
  • Chichester’s magnificent cathedral and historic market cross right at the heart of town and packed with quaint side streets, various eateries, shops, galleries and museums to enjoy at your leisure.
  • Portfield Primary Academy and March C of E Primary School lie less than a mile from the property. Additional local schools include the Prebendal School, Bishop Luffa School, Chichester High School for Girls and Chichester High School for Boys.
  • Private education can be found at the independently run preparatory and boarding Westbourne House School, with further education that can be pursued at Chichester College or the highly acclaimed University of Chichester.
  • Chichester Station provides direct rail services to Portsmouth, Bognor and Arundel in under half an hour, while Brighton and Southampton can be reached in less than an hour.
  • Services to London Victoria and London Waterloo take around 1 hour 30 minutes and 1 hour 45 minutes respectively.

 

FINANCIAL INFORMATION

Property Value = £210,000

Percentage Share = 40%

Share Price = £84,000

Monthly Ground Rent = £12.50

*Monthly Rent = £287.43

*Monthly Service Charge = £119.98

**Monthly Mortgage Payment = £420

***Annual Household Income = £28,000

 

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

Read more...