Available through our resale shared ownership scheme, a two-bedroom, mid-terraced house situated in Bolnore Village in Haywards Heath.
Property description:
The ground floor comprises a fitted kitchen with integrated appliances, W/C and lounge with storage cupboard. The first floor comprises two bedrooms, master bedroom with W/C and built in wardrobe, family bathroom with shower over bath, a boiler fitted new in 2016 and loft storage space.
The property also benefits from a private south-facing garden with shed and allocated parking.
Eligibility: Priority will be given to applicants that live/work in Mid Sussex district.
Length of Lease: 125 years from 2007
Council Tax Band: Mid-Sussex Council Tax Band – D
Gross Internal Area: 818sq.ft.
LOCAL AREA INFORMATION
• Located in the popular Bolnore Village. Within the catchment area of the sought-after village primary school and offering easy access out to the A23, this house has great potential for young or growing families.
• Haywards Heath Train Station offers services to London Victoria via Gatwick Airport, Bedford via London Bridge and Brighton.
FINANCIAL INFORMATION
Property Value = £340,000
Percentage Share = 40%
Share Price = £136,000
*Monthly Rent = £539.44
*Monthly Service Charge = £87.97
**Monthly Mortgage Payment = £695
***Annual Household Income = £48,000
*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 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.
