Available through our resale shared ownership scheme, a three-bedroom, two storey, end-terrace house in Chichester.

  

Property description:

The property ground floor comprises a fitted kitchen with standalone appliances, reception room, a W/C and spacious under-stair storage. The first floor comprises three bedrooms, master bedroom with ensuite and balcony, a family bathroom with shower over bath and a hallway storage cupboard. 

The property also benefits from new carpets and flooring throughout, access to private rear and front gardens, rear garden with side-gate access and shed storage and allocated off-street parking with the option for permit parking.

Lease: Commenced 2016 with 125-year term

Council Tax Band: Chichester Council – D

Approx. Gross Internal Area: 879sq.ft.

LOCAL AREA INFORMATION

  • 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.
  • Chichester city centre, approx. a 10-minute walk away, is packed with quaint side streets, various eateries, shops, galleries and museums to enjoy at your leisure and boasts the magnificent cathedral and historic market.
  • Portfield Primary Academy and March C of E Primary School lie less than two miles 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.

FINANCIAL INFORMATION

Property Value = £380,000

Percentage Share = 45%

Share Price = £171,000

*Monthly Rent = £523.10

*Monthly Service Charge = £41.49

**Monthly Mortgage Payment = £992

***Annual Household Income = £60,000

*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 6%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced. 

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.

Read more...